take sell entry at 1978 with sl at 2015 tp 1800 2015 is import resistance that will confirm bullish rally upto 3k or trend reversal. we can take entry inside this blue channel if gold break 2015 and continues it primary trend.
In my point of view, we will se re-tests at around 1980, and then push to 2067.... It`s just an idea. :)
Targets acquired from multiple instrument technical analyses. This trade is one you don't want to miss Something ominous lurks Beyond. X AMEX:GDXJ OANDA:XAUUSD AMEX:GLD AMEX:GLD AMEX:JNUG AMEX:GDX TVC:SPX TVC:DJI NASDAQ:QQQ AMEX:FNGU TVC:DXY
FORECASTING 2020-2021 GOLD PRICE MOVEMENT BASED ON FRACTAL FIBONACCI ANALYSIS AND CHART PATTERNS. GOLD ILOCKS RAN ALL THE WAY THE HOME. SHE NEVER RAN BACK INTO THE FOREST AND THE THREE BEARS NEVER SAW GOLD ILOCKS AGAIN... Be careful traders. Gold to become highly volitile in the months ahead. We have a long-term long bias on the PM however, always...
the primay trend that reversed at $1920 would have completed its 0.618 % retracement at $1586. the secondary trend which reversed at 1557 has already completed it 0.38 % retracement at $1445. so all the trend will be bullish after $1586. if gold touch the price of $1586 after breaking all resistance in its path than it means recession has come in simple word...