Referring to my previous analysis (please copas this link) :
//www.tradingview.com/chart/GOLD/Ts9enfwh-WHAT-THE-BULL-WILL-DO-UNTIL-MAY-2021-PART-1/
I predicted that Oct 19, 2020 as the end of the Time Span, but it failed because the bears were able to break the previous low (Sept 2020 Low) a few weeks later.
But in the Plan B, refers to The Balanced Time Chart Approach, it has been estimated that the bulls should be able to maintain the 2012 High ($1795) or at lease above $1765 (50% Fibo) until the end of November 2020.
Now we enter the first week of Dec 2020, and I see that a Mini Launch Pad has been rebuilt. If the bulls can close the price above $1850, It an serve as the first confirmation that the bulls can continue to test $1920 or $1965.
Bull can or not ?
ooOoo From The Desk Of NewBie ooOoo
//www.tradingview.com/chart/GOLD/Ts9enfwh-WHAT-THE-BULL-WILL-DO-UNTIL-MAY-2021-PART-1/
I predicted that Oct 19, 2020 as the end of the Time Span, but it failed because the bears were able to break the previous low (Sept 2020 Low) a few weeks later.
But in the Plan B, refers to The Balanced Time Chart Approach, it has been estimated that the bulls should be able to maintain the 2012 High ($1795) or at lease above $1765 (50% Fibo) until the end of November 2020.
Now we enter the first week of Dec 2020, and I see that a Mini Launch Pad has been rebuilt. If the bulls can close the price above $1850, It an serve as the first confirmation that the bulls can continue to test $1920 or $1965.
Bull can or not ?
ooOoo From The Desk Of NewBie ooOoo
