MB_vince

MB_vince

Been looking on gold for months below are the combination of analysis I went through(purely sentimental and opinion based) elliot wave Fibonacci volume demand & supply Deep technical analysis Normal distribution Dollar vs gold AND BEYOND price action is very important. the initial stIpulate analysis are subject to change. BECAUSE WE ARE FOLLOWING THE BIG...

MB_vince

Looking at Gold. we just need to plays along.

MB_vince

a W pattern formation the market need some liquidity before upward rally. See price action on lower time frames. Lets go...

MB_vince

Strictly price action should be monitored. In the interim the bias is that the price might move up. waiting for new monthly candle to start.

MB_vince

Price action analysis. Divergence of the price and the cci, i.e selling preassure. For Cad/USD , The price increased with new money so more bulls have entered the market. The opposite is true. Price action on lower time frames. what do u think

MB_vince

On a 4hr time frame, bulls exit while short positions are squeezed. AND its an over sold market, what do you think.

MB_vince

Look for short position. This is Not a trading signal.

MB_vince

Long term sell. @price confirmation, Bullish momentum is weak AF! Enough liquidity support the likes of a bearish trend. Do not predict, but react NB RISK MANAGMENT.