This is what I am basing mine on for the bear market (I am basing mine on what I believe to be true!)
Technical Section:
Expanded Flat in play
Pattern = Double top
Target 1 = $ 2300
Target 2 = $ 2280
Target 3 - $ 2200
Invalidation level = $ 2471
Note
May 23- $ 2367.5Target 1 = $ 2300 (it did)
***
Trade valid
Target 2 = $ 2280
Note
Gold- UpdateNote
GoldSeems to be the path
Note
Gold - Target ;)Note
Gold- It didWhat next?
Note
$ 2335.5we are approaching a decision point
It's so dangerous to short Gold right now
I see two possibilities
Gold < $ 2335.5 bearish ----> Target = $ 2280
Gold > $ 2335.5 Bullish ----> target = $ 2353, $ 2369
Note
I am now in a long positiontarget = $ 2353
Note
target = $ 2353Note
Gold- Long position (Comment: Seems to be the path)Entry: $ 2303 (20 hours ago)
Target 1: $ 2322 (It did)
Target 2: $ 2335.5 (It did)
Target 3: $ 2353 ?
Note
Gold - UpdateNote
BullishNote
GoldNote
Gold- update(Jun 14, Comment, $ 2335.5 we are approaching a decision point)
Note
Conclusionback to work
change is coming
Note
GoldTarget 1- $ 2300
Target 2- $ 2289
Note
GoldBlue or Brown ?
Note
GoldNote
GoldNote
Gold- UpdateTarget 1- $ 2300
Target 2- $ 2289
Note
I am patientNote
Gold-Amateur Trader:
Greed ---> Absolute despair ----> Panic selling ----> REKT ---> telling tall tales (I made a lot of money) :)
Note
Jun 17, Comment:Why now?
too late !
Note
Gold- Jun 17, Comment: Why now? :)Bull Trap
Note
GoldNote
Gold- Note
Gold- Sucker's rallyNote
GoldNote
Gold- selling opportunityNote
Gold- Update :)Note
$ 2335Note
17:30$2323
Note
Gold- The end of the talea heap of blood
good luck
Note
GoldNote
Gold- UpdateNote
Gold- UpdateNote
Gold-back to work
Target 1- $ 2300
Note
Gold- Sell signal ;)Note
Gold- Final warningNote
Gold Target 2 = $ 2289
Note
Gold- are you ready? ($ 2315, -0.93%)Note
Gold- $ 2309 Note
Gold- UpdateGet ready for a crash
Target 2 = $ 2289
Note
Gold- dead cat bounce!Note
Gold- $ 2337- $ 2294Note
Gold- UpdateTarget 2 = $ 2289
Note
GoldNote
Gold- I hope it is a trapNote
Gold- the market seems narrowNote
Gold- UpdateGet ready for a crash
Note
Gold- Final warningWe will see
Note
Gold- phony wave!volume divergence (13:30 - 18:30)
Note
Gold- Are you ready for this?Note
Gold- This game is dead$ 2331.5
Note
Gold- Update Note
GoldTarget = $ 2289
I'm quite sure
Note
Gold- Signs of changeNote
Gold- Signs of changeNote
Gold- selling opportunityNote
Gold- The last war (Great bear market)
Note
Target = $ 2289Note
Gold- distributionBearish
Note
Gold- phony waveslogic seems narrow
Note
Gold- Bears are in controlProof:
Good luck ;)
Note
Gold- Target = $ 2289 (Wave 3)
Note
Gold-Wave 3
Note
GoldFree fall (wave 3)
Note
UpdateNote
Wake up!Note
Gold-buyers are on the hook :)Note
GoldNote
GoldNote
Gold- somebody is going to lose ...Time will tell
Good luck
Note
Gold- Few understandNote
Gold- I'm bearishTarget = $ 2289
Note
GoldJun 25 - Jul 2
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.