Goldsell
GOLD - Could it be?What are the chances of the price crossing the 1747.9 mark between Dec/21/2020 and JAN/12/2021 ?
2 Major levels that we have calculated are crossing. It doesn't mean anything and the possibilities would be just a few but can it possibly be that the price will be in this level (1747.9) between those dates? Something like an eclipse🪐.. (or a stupid joke maybe?)
In the wild scenario that it happens, it will be a very strong signal to buy... then again by January the price can be higher than it is now; I know that many of you are buying Gold , I have mostly been sell it since 3 months ago.
So, let's see if it can be, we will know in 2-3 weeks.
Will the price of Gold touch 1747.9🌌 by January 12 / 2021 😧 ?
XAUUSD OVERBOUGHT. 1700 Price worst 1680.I have not made any posting regarding gold since for a while. Many people kept asking me what is the reason.
The reason is i am in waiting mode. Watching mode.
As you can see the bigger picture, XAUUSD has been oversold on the first attempt territories in the history.
If you check back the past history of gold back into the late '80 and 90', you will find the pattern.
On the pandemic happen, lots of job paused.
This is including the job for gold mining.
After the US has resume their economy back, it start to gain slowly in income, GDP and mining sector.
Right now, mining for all other major corporate got the gold and has been release the supply to public consumer.
While this view has been slightly increase for the past 2 months (September 2020 and October 2020), the gold price become consolidation.
While we waiting for for the Trump and Biden final agreement, we need to see their budget flow of financial move.
Only after that we know the direction of the trend.
Expecting the price to go 1700 or worst 1680.
Regards,
Zezu Zaza
2048
GOLD on resistance. MASSIVE short!
Hello, Traders!
GOLD has reached the resistance line I was talking about.
Now, its time for GOLD to go down.
Because those who bought from support will be closing their longs
Taking profit and hedging
Bears like us will be amassing short and selling
Thus I expect gold to retest support
Sell!
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