Not buying top of a rising wedge gold could drop $100+

17 thg 4, 2020

4hr time frame shows a wedge, in which the top traders sold out, and new buyers are now bag holders. I'm looking for gold to drop $100, and potentially form an inverse head and shoulders. My target is low 1600, to potential bottom of the channel $1500 very easily

17 thg 4, 2020

Ghi chú

daily view still bearish w/ a bearish wave analysis

17 thg 4, 2020

Ghi chú

1640 needs to hold for the bulls, to potentially form an inverse head and shoulders. I will be monitoring this level for support, if it give away, then the bottom of the channel for Gold around 1500 is the target

17 thg 4, 2020

Ghi chú

bearish ab-cd pattern on daily