Quick post to highlight first possible resistance here.
1490/91 could be a "support turned resistance" zone.
Break above that zone could run to $1498.888 (awesome target for Asian market)
My apologies for the sloppy chart.
I had hoped to post earlier and cleaner.
I will post a better road map soon.
London Open is here and what happens at these zones could determine direction for the week.
Previous Gold Analysis (click):
$1600 then $2100?<= Still Plausible
$1480 short TP<= Hit and then some
$1515 top call<= Awesome Short
$1555 top call<= Just in Time
$1406 to $1525<= Called the Jump
$1386 bounce
$1439 top call<= To the Penny
$1332 bounce
$1270 bounce<= To the Penny
$1280 break
$1380 call <= 8 mos ago
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
1490/91 could be a "support turned resistance" zone.
Break above that zone could run to $1498.888 (awesome target for Asian market)
My apologies for the sloppy chart.
I had hoped to post earlier and cleaner.
I will post a better road map soon.
London Open is here and what happens at these zones could determine direction for the week.
Previous Gold Analysis (click):
$1600 then $2100?<= Still Plausible
$1480 short TP<= Hit and then some
$1515 top call<= Awesome Short
$1555 top call<= Just in Time
$1406 to $1525<= Called the Jump
$1386 bounce
$1439 top call<= To the Penny
$1332 bounce
$1270 bounce<= To the Penny
$1280 break
$1380 call <= 8 mos ago
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Comentário:
Just about Ping'ed that 1498.888
.
Let see if that tops it or we break on through.... .
Comentário:
So that rejection from 1498 became serious
.
Looks like we might have one more small leg down, plotting now for a new Idea. .
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
.