It seems DC are very funny but we in a shorter IC going into ICL. We wil have waterfall to 1300 and spike possibly below 1294 but wait for spike buy for move up. Dont be scared if it spike because they hit stop losses. This is where big players will be getting in. Wait price action to turn. Best buy. When all selling and scared banks get in. THATS where big bucks...
This cycle has a move up but, one more drop for a waterfall before final move up. Be warned for a safe play.
Silver has been bouncing of key MA. The commercial shorts in lowest in history. Gold breaking key resistance will excellerate
Bear flag consolidation seems to be at an end in next few days to drop. This has also formed a pennant as you can see. Theses are reliable and we at the end of the pennant or bear flag
Gold has decoupled from currency EURUSD/DXY. Bull flag been forming for weeks and great consolidation for breakout not top going short. Enough time in IC cycle for a great move is possible. Not sure at which point miners will accelerate to catch up but I am sure after 1370 we will see that confirmed
Good resistance on irratic past movement. Breaking move touch back on resistance level and FIB would be a good place for a trade I will take
This move will continue for gold and chances are slim for it to roll over considering analysis and present market changes. Key MA for gold to turn on cycles should hit MA 410 weekly chart. Key MA for gold to cycles first stop at weekly 308 MA from key MA cycles change MA 110. Cycles is key and the first daily cycle of year usually has best stretch and runs ave...
Broke channel of consolidation of few months. Believe we have the move to follow through. Dollar falling might accelerate faster long
WE see great reverse candle at a channel top after long consolidation. Will drop down and should be great short ICL and key Fib and resistance