UnknownUnicorn540299

27 dec 2017 13:32

Bears turns to bulls 1st Quarter of 2018

FX_IDC:XAUUSD1D

GOLD / U.S. DOLLARICE

Beskrivning

⋅ 27 dec 2017 13:32

Still in consolidating channel downwards. Cycle low estimated end of Jan to mid Feb 2018.

Kommentera

⋅ 28 dec 2017 14:02

1293.8 should be the resistance

Handel aktiv

⋅ 28 dec 2017 14:11

Entered into the trade. I will close the position if we get a daily CLOSE above 1295.

Kommentera

⋅ 30 dec 2017 00:07

10. Too mch. Almost

Kommentera

⋅ 2 jan 2018 15:41

As price closed above 1295, it signalled higher levels to come.
But I expect here a pullback;

Kommentera

⋅ 3 jan 2018 22:15

Daily consolidation inside the channel. Potential top. Need tomorrow for confirmation

Kommentera

⋅ 4 jan 2018 11:24

In an EW-perspective, it might have only completed 4 out of 5 waves. Be careful to short before potential confirmed swing high.

Kommentera

⋅ 4 jan 2018 14:16

This may be a valid scenario since price is breaking upwards quite aggressively;

Kommentera

⋅ 4 jan 2018 16:02

1322.4 intraday gann level which is interesting to observe for reaction.

Kommentera

⋅ 4 jan 2018 20:19

Broke above 1322.4. That signals next level higher.

Chart Patterns

Kommentarer

popshvt

⋅ 8 jan 2018 15:45

it will be interesting to see gold drop from here into icl, if you see jan 2015 it's quite the same formation

popshvt

⋅ 4 jan 2018 11:56

i am thinking the top too

No_structure

⋅ 29 dec 2017 10:01

Epic rejection candle on monthly chart!

No_structure

⋅ 28 dec 2017 16:00

if there will be a short channel, it will look like this

No_structure

⋅ 28 dec 2017 15:53

You can't say that Viking! How can you be short on gold in 2018, if usd/jpy is supposed to trading lower? like you said weeks ago..

UnknownUnicorn540299

⋅ 28 dec 2017 16:01

@giuseppe.grande, Just the 1-1.5 month of 2018. I thought gold would first trade higher - into the FOMC then start its downturn. Turned out it moved sideways for ages then started to break down instead in line with herd mentality. Im not convinced of this upmove. It still uses more time to rise than to fall. Not much power in the updays. My cycle analysis has the convergence of cycles in the end jan/beg feb for xau.

No_structure

⋅ 28 dec 2017 16:09

@viking83, or probably this could be the first serious impulse that will drive gold above 1400 in august 2018.. time will tell. Thanks.

UnknownUnicorn540299

⋅ 28 dec 2017 16:10

@giuseppe.grande, Yes time will tell. Have a continued nice Christmas GG

No_structure

⋅ 29 dec 2017 09:41

@viking83, GOLD IS EXTREMELY STRONG. :)

UnknownUnicorn540299

⋅ 29 dec 2017 10:03

@giuseppe.grande, if it would rise 1-2 % a day I would agree ;) But its only grinding. Zzzz. Lets see if it closes above 1295.

Mer