JohnLiv

JohnLiv

This is detailed and reference should be made to will give a better understanding of the idea, also I must note from comment that gold will move to 1440, this is possible but from the chart above would move more to 1430 and return, but a good call, Note this is not a tutorial so exspect people to understand the lines and why they are there, @meszaros, some of...

JohnLiv

At first glance you think what is Gold doing now, but when I looked a little deeper, thought yep F2 was not long enough, it needed more room, so it generated a revisit to 1516, hey presto F3

JohnLiv

After the retest of 1480, having made its way to 1516, its now ranging between 1506 and 1516-1517 before the North bound break surpassing 1517

JohnLiv

I can see gold bouncing of the support again at 1480, but this time hopefully will not stop at 1517.

JohnLiv

Looking back AUDUSD may follow previous trends and have a ripid jump up.

JohnLiv

A test of 1480 did't happen so I now exspect a test of 1500 - 1555 or above

JohnLiv

Double bottom forming on gold

JohnLiv

Head and shouders

JohnLiv

see its in a wedge

JohnLiv

Short to 1483 then the long to 1555

JohnLiv

Gold the first and original currency looks like a short from its 2011 history, but gold also makes its own history, to not forsee the long to me is incorrect, think hard about it and you start to understand, it's a has to not a could do.