This is why the market is cruel to average Joe who is worried about how to keep his hard-earned work safe. But you have to understand market dynamics and regardless on severe inflation of currencies, GOLD looks like it is topping out here and falling into a bear market.
I've been short since 1900. Will add on bounces to the upper median line or to 0.618 retracement. Will sell on touches to the lower median line.
Down to $1500 area minimum.
Not advice.
I've been short since 1900. Will add on bounces to the upper median line or to 0.618 retracement. Will sell on touches to the lower median line.
Down to $1500 area minimum.
Not advice.
Note
Very bearish weak domed top forming with bounces not exceeding 0.786 and sudden collapses - all indicating that a bearish motive wave is underway.Note
Note
GOLD getting crushed.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.