Muhafizie

Muhafizie

inverted H&S maybe? targeting 1200?

Muhafizie

i think this is a good chance to go long.. *classic pinbar/divergence but 17/10 due date to debt celling anything can happen i maybe wait until all the fundamentals clear and if we break the high of that pinbar on daily close i would go long.... with 1st target is 22.50-23.00

Muhafizie

PA continue to make Higher lows suggesting a higher chance to breakout to the upside.. but should wait for the fundamentals news for a clear way :) If the US gov does have a partial shutdown, GOLD "SHOULD" SOAR. but stranger things have happened.

Muhafizie

looking towards 90.00 then maybe can consider to go long from there.. any comment are appreciated.. :)

Muhafizie

shooting star below the broken triangle trend line maybe a good chance too sell and test back the 1.58/1.57 any comment are appreciated as im newbie and still learning :)

Muhafizie

i think this Pattern is still valid "This move was really needed today, too much more time sideways and it would become invalid. If this rally gets some real legs, the move up could begin to resemble the downward spike in April that created a further bearish period. If the neck breaks which just at a glance now should be around 1415/20 we should be in for a nice...

Muhafizie

maybe we gonna see a similar move like in the teal box.. so far the fibs are acting as a very good support and resistance we may run into a lilttle bit of trouble but i think the bulls gonna take over considering the PA from last 2 weeks... if so i think 1550 is possible..

Muhafizie

1st time publishing idea feel free to to give advice and comment i think we gonna have a bit of retracement maybe somewhere around 1384-1390 before we go back up and test the 1422-1430 area.. that break of the trendline and the line from decending triangle must mean something.. only 3 dollar shy from 1400