Part of my ongoing analysis of Gold (see links below).
We got a perfect ABC dip and now an ABC bounce.
But the bounce could end at Genesis fib of $3322.95
If rejected, plan dip to Golden Covid fib at $3,222.15
.
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Previous Trade Ideas below (click)
=============================
$2964 Dip to ATH trade call:

First Dip wave to 3322 projected :

Secondary Dip to $3100 hit PERFECTLY:

Hit the LIKE to encourage more Precision charts like these
====================================================
.
We got a perfect ABC dip and now an ABC bounce.
But the bounce could end at Genesis fib of $3322.95
If rejected, plan dip to Golden Covid fib at $3,222.15
.
=============================
Previous Trade Ideas below (click)
=============================
$2964 Dip to ATH trade call:

First Dip wave to 3322 projected :

Secondary Dip to $3100 hit PERFECTLY:

Hit the LIKE to encourage more Precision charts like these
====================================================
.
Trade active
Short entry triggered on our mapped resistance, upon retest from below(yellow shaded area is from posting time)
.
Zoom in (M15)
That is a PING which signaled the short entry.
"Ping" from "give me a ping Vasily, One Ping Only"
Such exact ricochets are best entries because:
"Not all Pings start a Reversal, but
Most reversals Start with a Ping'
====================================================
.
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
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.
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
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.