bicktash

Prive navigation chart for gold

FX:XAUUSD   Emas/Dolar U.S
1808 6 46
This is Gold             ounce price navigation chart based on channels from previous 50 years for the next 2.5-5 years. Lines are labeled accordingly, upcoming weekly developments and explanations will be updated in comments.

The rectangular boxes are clusters of interest for longs and shorts/ position squaring and commitment for further price continuation/ reversal on the weekly time-frame. The heights of rectangles is NOT random.
Komen: Hover over the Note tags to read the text on chart.
Komen: Hover over the colored channels to bring them in foreground with respect to the price line.
Komen: Important levels above 1230 to be observed are 1270-1280, 1280-1295 first. derived from the chart above.
Komen: July 2017, price has crossed a channel holding since 2011 (magenta) to the upside. This makes the following upside levels (as can be seen by zooming in on the chart above ) to be:
1280
1295
1330
1380
1485

Downside might resume sharply if 1256 fails to hold and then the levels on the downside can be seen and will be updated if needed.
Komen: Feb 2018 close can be an important point for Gold, bullish prospects. 1375-1380 represent an important zone. Goodluck
I'm coming for you
Balas
Biktash The Man
Balas
I love the charts bicktash , Thanks.
Balas
Rocket!!!
Balas
So cool, mate!
Balas
Hi Bicktash, different chart but same result :)))
Balas
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