Sham_FX

Sham_FX

This is just my theory, please do not follow! These are just my thoughts and notes as I learn along the way. There will be a rise to 1800 and then a dip and them a big push to 1900...this is my long term view on gold. Lets wait to see what happens. Prefer to use Renko as its pure Price action and takes out any noise, juts my personal preference. CURRENCYCOM:GOLD

Sham_FX

I believe it has hit a support and will push up from here. Alternatively drop a bit further down to 1710 and then push up from there.

Sham_FX

Gold is going long...potential to go upto 1800

Sham_FX Updated 

We have had a confirmation on the support line. Have a look at my weekly graph which indicates a strong support line. This has clearly supported my thought and the only way is up in my opinion.

Sham_FX Updated 

There is a string resistance which has stopped any further downside. I think gold will be going up.

Sham_FX

Gold is hotting resistance and the volume is very high. Looking to short the gold.

Sham_FX

Sell signal for the week ahead.