I have marked out the phycological stages which GOLD has reacted to well over time along with Keys stages following the graph to the beginning of COVID . there is a HUGE SELL opportunity for gold right now we are going through some consolidation after the rally over Christmas. For the trade we are looking for a reversal pattern along side Bearish candlesticks...
Good morning Traders,
I hope you have all had a good weekend,
As I've been stating in my earlier ideas we are coming into the 1.1490 area, this will be an interesting level, given the buying power that is still within the market as price action is indicating, at this current moment.
We could have price action that spills out as illustrated, If we do Id be...
Cycle of SPX
Cycle proposed that trends in financial prices resulted from investors' predominant psychology. It found that swings in mass psychology always showed up in the same recurring fractal patterns, or "Cycle," in financial markets.
The price will definitely for 5th cycle.
Maintain the risk and reword ratio on trade.
Stop loss estimate 2762 nearby below...