XAUUSD Gold Price Technical Gann Analysis for 12/14/2020The main trend is down according to the daily swing chart. A trade through $1879.80 will change the main trend to up. A move through $1767.20 will signal a resumption of the downtrend.
the key point for the price is 1823.50
resistances:
1849.90
1870.30
1879.80
supports:
1823.50
181020
1780.50
1767.20
Gann Fan
Good time to buy NASDAQ100?It is very likely that NASDAQ100 will retrace, question is when is good time to enter.
Not a trading advice.
If I were a whale, here's what I'd do...
Lots of smaller players have stuffed their bags in anticipation of the SPARK airdrop.
Most trading volume of the past 10 days happened in the $0.55-$0.62 zone
It only seems logical to take them down 20-30% and have the weak hands pee their pants, then pick up the cheap coins and then do another leg up all the way till $0.94-$1.20, forcing newcomers to FOMO in.
ES 15min GannFan shortim a overall bear since 2018
because of that i don't trade that much anymore, im just buying more spxu more for every step up
still i understand everybody has a plan
my levels are indicated by gann fan
i also use it to see if the move up is getting tired
first i check weekly, then 4h, then 15min
RSI confirms or not my theory
but at the ends, bears have been wrong 2-3 times in the last 3 years
so you know
dont trade this
BTC | Looking at potential Long, Short, and Accumulation Zones Using the Gann Fan to sift out potential areas for going short and/or long based on potential long term support trends on a log scale.
33% and 50% speedlines based on the current uptrend shows potential areas for a correction should we lose momentum.
If the long term trendline is violated, potential support at 50% from $20 k could play a key role should things go south.
Long term track for $20 k by August in 2021 still looks healthy.
We can always be shocked and surprised by bitcoin as we always have been.
Happy trading and Happy holidays!