GOLD | Buy the dip

looks like planet earth gonna suffer,

We gonna see a drop towards the 1566 level then the bullishness starts with a nice bounce,, after that, a retest might happen, and then the rally !

2330 first target

2950 is the final target

BEST OF LUCK!

Anmerkung

Change in behavior for the USD index and the Gold market as well .. bullish momentum started to pick up today 27 October on gold .. we are more likely to see a leg up on the daily time frame .. looking for buying entry on gold and selling USD especially verses AUD, not following BTC closely but weak USD more likely to push BTC higher ,

Anmerkung

8 Nov .. Fair enough

now set back, relax, and wait for another update!

Anmerkung

Still expecting USD to go higher but must remain above 107.700 in this case USD index target is to get closer to 114 again or break it a fake break out maybe we will be watching if this goes as expected, Gold gonna react to this bullish USD scenario by breaking 1614 ,,

USD index :

Anmerkung

now the USD index failing to hold above 107.700 looks very bearish to me and this will only lead to more pressure to the downside, anyway I'm looking for sell entries on USD, especially vs AUD, and looking for buy entries on gold,

best of luck

Anmerkung

December first, fair enough

Gold 1803

new highs on AUDUSD

more yet to come, dont fight it, ride the wave after corrections

Anmerkung

13 Dec

GOLD 1824

new highs on AUDUSD

new lows on dollar index

fair enough (Y)

Anmerkung

keep in mind that long term might take another scenario,

Big Year For AI says elon musk , more Rate hikes says the Fed

ShoeIsRich

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GOLD Setup | Update

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