Gold Ready to Explode
Updated
Gold trading @1405 A symmetrical Triangle is forming which has a chance to breakout either of the side ...
Expecting a big move Today 16th/17th July to 22nd July ,this whole window of time it can breakout either of the side with a strong move ,as you see there are two ranges where it is hovering around upside 1440 and downside 1380. Decisive break above 1440 targets are 1530 level and more on the contrary if it breaks 1380 level with volumes gold can slide upto 1360-1340-1290 ...Chances are remote for downside ...According to Gann theory time is up for gold and price has to correct its course with time.
Note :There is also astrological effect to this scenario Pluto and Mercury are supporting strong for the move ..
Expecting a big move Today 16th/17th July to 22nd July ,this whole window of time it can breakout either of the side with a strong move ,as you see there are two ranges where it is hovering around upside 1440 and downside 1380. Decisive break above 1440 targets are 1530 level and more on the contrary if it breaks 1380 level with volumes gold can slide upto 1360-1340-1290 ...Chances are remote for downside ...According to Gann theory time is up for gold and price has to correct its course with time.
Note :There is also astrological effect to this scenario Pluto and Mercury are supporting strong for the move ..
Note
What a explosion ...This is what happens when time and price squared ...now trading @1420Note
Gold as expected exploded from 1405 to 1448 ...Move your stops to 1400 level and keep trailing your stops until 1535 level ...Note
Gold retraced a lot but as said keeping a stop loss @1400 ,it made a low today @ 1400.49 and reversed with strong move now at 1440 again..keep trailing your stopsTrade closed: target reached
Gold almost achieved my target of 1530 now @1510 ...from 1285 to 1400 and 2nd update 1400 to 1510 ...book your profits and stay tuned ...Time and price based analysis are accurate 90% of time ...May 17 recommended to buy gold around 1285 now couple of weeks back Buy suggested around 1405 now at 1510 ....Please go through My gold analysis from last 2 months ....phenomenal returns
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