Long Gold Idea Full Chart
Price lines are traffic-light styled:
Red - Monthly/Weekly TF Price point
Orange - Daily TF Price point
Green - Hourly TF Price point
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Callouts are just comments notating historical events
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With the ongoing Ukraine-Russia Crisis, and the world seeming so uncertain and radically changing, I would imagine that the economy would want to be placing their money into safe haven currencies and commodities , such as gold .
I am seeking to Buy gold at 1965.00 levels, and will be seeking to hold it. If it falls below 1945.00 levels, I will accept a $20 loss, and will re-evaluate.
I believe it is an upward trend on gold , based upon the 'highs and lows' movement of price (marked with yellow brush) and will consider the trend to be broken when price breaks below 1878.00, which I believe is the current 'low' in the movement.
For my recording purposes.
Please leave your comments and share your thoughts.
__________________________________________________________________________________________________________________________________
Fear causes impulsivity. Stability comes in waves.
__________________________________________________________________________________________________________________________________
Red - Monthly/Weekly TF Price point
Orange - Daily TF Price point
Green - Hourly TF Price point
__________________________________________________________________________________________________________________________________
Callouts are just comments notating historical events
__________________________________________________________________________________________________________________________________
With the ongoing Ukraine-Russia Crisis, and the world seeming so uncertain and radically changing, I would imagine that the economy would want to be placing their money into safe haven currencies and commodities , such as gold .
I am seeking to Buy gold at 1965.00 levels, and will be seeking to hold it. If it falls below 1945.00 levels, I will accept a $20 loss, and will re-evaluate.
I believe it is an upward trend on gold , based upon the 'highs and lows' movement of price (marked with yellow brush) and will consider the trend to be broken when price breaks below 1878.00, which I believe is the current 'low' in the movement.
For my recording purposes.
Please leave your comments and share your thoughts.
__________________________________________________________________________________________________________________________________
Fear causes impulsivity. Stability comes in waves.
__________________________________________________________________________________________________________________________________
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