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gold and taper. retail trader vs insider
price has made its rising wedge chart pattern after downtrend from 1834
the whole trend was started from 1900 on June fomc
are hedge funds back to sell again for fomc taper announcement ?
are they insider seller for fed tapering announcement , selling gold from 1900, 1834 ?
based on price action and Elliott wave , (impulse correction impulse)
✔ trend started from 1834 has made its counter trend correction
✔ it has tested upper trend line
✔ it is in its final wave E
✔ breakout of lower trend line make confirmation of down trend.
the whole trend was started from 1900 on June fomc
are hedge funds back to sell again for fomc taper announcement ?
are they insider seller for fed tapering announcement , selling gold from 1900, 1834 ?
based on price action and Elliott wave , (impulse correction impulse)
✔ trend started from 1834 has made its counter trend correction
✔ it has tested upper trend line
✔ it is in its final wave E
✔ breakout of lower trend line make confirmation of down trend.
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