It was a great retrace but it’s time to buy up the block. It may come back down after it retests the 2080 but I doubt it. Anyways. Tp at 2020 Enter on snipers only.
Prices are moving in a channel. Its not optimal to buy or sell yet. BUT I do believe that prices is about to rise up and then come down and move within a price channel consolidation before it hits the trendline and impulses upwards. "SIT ON YOUR HANDS" - COACH MAX
For some reason (it may be the coronavirus), gas prices are fumbling. We actually been in a down trend for some time. I believe that we are going to come up and shoot down. We are approaching the sniper mark, so this could be as early as Sunday Asian. Definitely Take Profit at $40/barrel. Semi Perfect Take Profit is on the support trendline. Best Take Profit...
It’s back in its price channel. And you should buy on sniper. And if it retraces back to entry....buy it again. And if it comes back to your entry...buy it again! See you $2000
Has to load up some momentum and create structure. So it’ll more than likely pull back to my trendline sniper entry and fall to 1945.46. I see it coming back up shortly afterwards. Remember. Chase Bank controls Silver and Gold 🤦🏻♂️
BUY IT and Hold it until $9711.82
So price isn’t quite ready to break out of its zone BUT if you took the Sniper Entry, you should be in profit. We probably won’t see any real movement until Monday morning. Please don’t get hit with Friday’s Closing Reversals. Happy Weekend.
It’s about to bust out of this price flag and reach $24. Just be careful with your entry. It’s best to buy at the bottom of the trend line.
Catch the Sniper Entry and TP at 1900 and 1920. Then we observe and assess what’s going on from there. I do believe we are going to hit $2000 on Gold. Just not today...or early next week.
Either buy above the price channel after it breaks above and retests OR buy at the bottom of it. High probability sniper entries only
So just in general analysis going for a buy on Gold, especially during the pandemic, is safe. Yes price will range and in some cases it will drop. But to not buy up the block is counter trend when it’s clearly going back up on a Monthly analysis. Would I recommend going long this week? Yes .