2017. July : Gold broke an important resistance of 1216$.
Before the panic selling could have started, Kim Jong Un's nuclear test and missile launch over Japan stopped the panic selling in gold.

Gold was forced into a shorter intermediate cycle that summer. The next intermediate cycle was extremely long. It lasted for 177 bars.
Our current intermediate cycle is on day 187 today. If we accept that the intermediate cycle haven't bottomed yet....
But I don't think so...
I think we are on day 2 of a new intermediate cycle and Kim Jong Un is a headline again. Trump just tweeted about how tariffs are going up from 10% to 25% on Friday.
The NAS100USD has dropped nearly 200 points at tonight's open.
Gold had 2 chances to start its panic selling during the last 2 weeks.
It didn't start though.

Notice how the RSI is printing the oversold zigzag what I laike to see at the intermediate bottoms.
Also the daily MACD has crossed over. I think we are finally ready.
Invictus gave an entry signal both miners and gold.
I think finally we are ready to launch.
1288 is the weekly swing level, above that the short squeeze is starting.
Before the panic selling could have started, Kim Jong Un's nuclear test and missile launch over Japan stopped the panic selling in gold.
Gold was forced into a shorter intermediate cycle that summer. The next intermediate cycle was extremely long. It lasted for 177 bars.
Our current intermediate cycle is on day 187 today. If we accept that the intermediate cycle haven't bottomed yet....
But I don't think so...
I think we are on day 2 of a new intermediate cycle and Kim Jong Un is a headline again. Trump just tweeted about how tariffs are going up from 10% to 25% on Friday.
The NAS100USD has dropped nearly 200 points at tonight's open.
Gold had 2 chances to start its panic selling during the last 2 weeks.
It didn't start though.
Notice how the RSI is printing the oversold zigzag what I laike to see at the intermediate bottoms.
Also the daily MACD has crossed over. I think we are finally ready.
Invictus gave an entry signal both miners and gold.
I think finally we are ready to launch.
1288 is the weekly swing level, above that the short squeeze is starting.
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I still think this ugly red pinbar will be erased by friday close and we will break through the trendline next week.Заметка
There will be an extreme rally if we break 1292. Everybody and his dog went short at the close of yesterday -based on the bearish pinbar.Заметка
We are in the new intermediate cycleЗаметка
I think it’s going to follow gold very soon.Заметка
Let’s See if the unlimited seller comes back again today or not.Сделка закрыта вручную
Invictus gave a sell signal.Заметка
I will buy the pullback if there will be.After all we have nearly 50$ profit.
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I jumped out a day earlier.. I'm not in a big rush to load longs yet.
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It seems we printed the daily cycle high today.Похожие публикации
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
