suspect the current PA = same with Mar 2020 PA
there no doubt when gold hit 2150$
it makes ATH and eye on 2160-2170 and 2250 area
the problem is that it dropped under 2033 and did not retest 2071
which is not a bullish signal
it rarely happen and so I suspect this will become very annoying bearish fibo extension
bearish fibo extension = an annoying very rare retrace down exceed the normal retrace range
it makes ATH and eye on 2160-2170 and 2250 area
the problem is that it dropped under 2033 and did not retest 2071
which is not a bullish signal
it rarely happen and so I suspect this will become very annoying bearish fibo extension
bearish fibo extension = an annoying very rare retrace down exceed the normal retrace range
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this is my old bullish plan
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this is one of scenario possible to continue the bullish trend
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for now the only way would be waiting for bull flag forming or not and not dropping under 1933
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mar 2020 too crazy
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it's valid IMO
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I will compare weekly and 4h
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I think next week must see weekly bullish divergence
because both weekly quite different
because both weekly quite different
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as for 4H
it's quite sus because it's ready for bullish long term signal on 4h
so I need a bearish invalid rule again to prepare for 2120 and 2170
it's quite sus because it's ready for bullish long term signal on 4h
so I need a bearish invalid rule again to prepare for 2120 and 2170
bullish trend need to go above 2028 to create bullish signal
and possible to drop under 1995, even if drop under 1995, the invalidation for bearish stay same it's above 2028