farmtrader15
@t_farmtrader15
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farmtrader15
farmtrader15
Gold is not exactly repeating, but it surely is rhythming with history on this chart. I am in the camp that if the economy continues to improve gold will break ATHs. As for now, gold could very well pull back midterm. The GP is the overall target but there plenty of smaller target/support areas between the current price and the GP. Trade safe friends.Its important to add that gold could easily rally off of the ascending channel low, if it does not hold/rally and it breaks below channel that is when my idea is most valid. A back test of the break will confirm the trade.
farmtrader15
Gold has broken below a key trendline and is currently back testing it. If gold confirms below this level we can expect lower prices in gold in the following weeks.Got short yesterday on the back test, good luck to those who may follow the idea.First support is around 2017
farmtrader15
Check your charts folks, Gold looks like a short. Use stop losses and enjoy
farmtrader15
Gold has formed and confirmed a new ascending parallel channel and has also reset momentum on the oscillators. If the DXY continues to drop lower I think Gold is set up for a nice rally into my take profit zones noted on the chart (red lines).
farmtrader15
Gold TA is looking primed for a directional move, my bias is leaning lower on gold. Trade safe!just entered short trade
farmtrader15
Gold has lost its uptrend support line and is currently back testing this line. If rejected off the line it is a short confirm signal.
farmtrader15
As the dollar breaks its ascending channel, gold is breaking higher. Both assets are at crucial zones, everything is noted on the chart! Good luck, safe trading!
farmtrader15
As seen on the charts, gold has broken macro support levels. Gold will likely continue its trend lower to the next support shown on the chart.Good trade, ended up going long off the green zone
farmtrader15
As seen on the charts, gold has broken macro support levels. Gold will likely continue its trend lower to the next support shown on the chart.Good trade, ended up going long off the red zone
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