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original_moneyflow_trader

Not buying top of a rising wedge gold could drop $100+

Singkat
Emas Semerta / Dolar A.S. (OANDA:XAUUSD)  
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OANDA:XAUUSD   Emas Semerta / Dolar A.S.
Trend Analysis
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trendanalysis
4hr time frame shows a wedge, in which the top traders sold out, and new buyers are now bag holders. I'm looking for gold to drop $100, and potentially form an inverse head and shoulders. My target is low 1600, to potential bottom of the channel $1500 very easily
Komen:
daily view
snapshot
still bearish w/ a bearish wave analysis
Komen:
1640 needs to hold for the bulls, to potentially form an inverse head and shoulders. I will be monitoring this level for support, if it give away, then the bottom of the channel for Gold around 1500 is the target
Komen:
bearish ab-cd pattern on daily
snapshot

Idea Berkaitan

original_moneyflow_trader
Bitcoin shorts ignoring their own chart $btcusd $xrpusd $ethusd
original_moneyflow_trader
Gold to fall another $100-$150+ bearish wave pattern
Penafian

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