all words are written on my chart now, it may not formatted properly on your screen, just stretch it around so you can read it properly. I also put the 2015 rate hike as comparison trying to find some potential similarity on the coming rate hike.
At this moment, I'm leaning toward to the bull side till the end of the year, and I'll step in when UJ shows exhaustion candles or maybe a green weekly candle from gold.
I'm waiting to hear back from you guys about your opinion as well, plz comment below, thank you
By the way, I forgot the person in gold chat room that mentioned a fun fact:
'Gold spiked up on the 1st trading day of the new year for the last 3 years'
Give that guy a pint or a potato
At this moment, I'm leaning toward to the bull side till the end of the year, and I'll step in when UJ shows exhaustion candles or maybe a green weekly candle from gold.
I'm waiting to hear back from you guys about your opinion as well, plz comment below, thank you
By the way, I forgot the person in gold chat room that mentioned a fun fact:
'Gold spiked up on the 1st trading day of the new year for the last 3 years'
Give that guy a pint or a potato
تعليق:
Welp...crap...:(
تعليق:
Let's see if gold can hold above 1122.51 this week
تعليق:
I'm personall starting to accumulate GDX now, target on gold is retrace back to support and going up to 1165ish, which is the beginning of previous drop. Again, do not easily think we will head back above 1300 1400 or whatever since the big trend is still Strong Dollar. Gold just been depressed much and now its a relieve
s3.amazonaws.com/tra...shots/z/zMbV0Znu.png
s3.amazonaws.com/tra...shots/z/zMbV0Znu.png
تعليق:
Looks like a small turning point on weekly
s3.amazonaws.com/tra...shots/6/6BLlrlsp.png
s3.amazonaws.com/tra...shots/6/6BLlrlsp.png
تعليق:
Bitcoin is currently down with a surprise butt poke, Dollar is retracing for now just like Ronda Rousey starts losing, S&P and Dow just don't know what to do, China had a huge fight back on their currency as well. So far, I can't think of a good reason to stop gold on these two weeks rally, I'm currently targeting 1200 since its a crucial price level for gold, and we may see that in the next few trading days. Now I gotta tell my waifu to make me a sandwich~~
تعليق:
PA is still kinda follows the chart now, we are on 1200ish area where previous resistance are, UJ now bounced from MA 50, let's see the price action afterwards. In my opinion, any retraces on gold for now are expected (or say welcomed) since gold is a bit over stretched. I took out some profit on spot gold and will reduce some position on miners today. Cheers
تعليق:
Miner weekly candle bounced from EMA 34 gives me a feeling that this bull can run longer than I thought, I still have faith on this bull run.
s3.amazonaws.com/tra...shots/o/oIOoKt1F.png
s3.amazonaws.com/tra...shots/o/oIOoKt1F.png
تعليق:
gold perfectly bounced from the huge resistance zone, let's see how far it goes, then we decide either it's a profit taking for the bull? or bear is coming back
s3.amazonaws.com/tra...shots/g/GLZI3CFX.png