Usgold
USDJPYit may go down react to the market since economy of us is down it may go down and key levels touched
Fun With Gold ( 4h frame ) i seeFun With Gold ( 4h frame )
I'll re-open gold 2 weeks later, Let''s see gold can't break my high trendline.
i see =PPPPPPPPPPPPPP
It will check again high price or fall to 1600
Trends within Patterns (USGold)Using trend breaks in patterns to confirm trend reversals gives analysts reassurance in pattern trading.
In this example; extremities of the pattern were highlighted, and the most current trend within said pattern was drawn and will be used to confirm a reversal if/once broken.
Is gold short term bearish?Gold is finally break the previous resistance due to the tumble of US Dollar (DXY). But it still looks very bearish.
We could found numerous resistances above the current level, and i think it will be very hard for gold to keep moving up.
Short Gold, Harmonic Pattern + confluence with resistanceGold has made some interesting harmonic movements on the daily. Nearly 3 perfect harmonic movements (A-->B Retracement just barely passed the .61 level). We are overextended on the hourly, with declining volume, and approaching daily resistance levels. Short gold to .38 and .61 levels (C--->D retracement). TVC:GOLD
