GOLD ON A HIGHER SPECULATION
Hello fellow traders, GOLD is on make a new Trendline to climb up to the top.
Gold is not giving back to its old and previous low. We see a lot of traders trap on this moves.
The deviation made of its price makes me think of filling the gaps and Make a new trendline in the future.
Previous IDea made a huge impact of its liquidity . More sellers trap on this moves.
wether your a buyer or a sellers.
FOr now im looking on the 1955-1960 zone.
If you look on the daily its fake H&S price of 1987 before.
Im expecting to test the 1960. before it will drop a little deviation on buyers and sellers again.
iF PRICE REACH the 1955-1960 zone. Im waiting for atleast a week to form a new deviation. maybe the price could retest the 1927 zone to fill its Daily gap. before the clear moves on higher price like 2000 level.
This idea base on weekly and daily charts.
Gold is not giving back to its old and previous low. We see a lot of traders trap on this moves.
The deviation made of its price makes me think of filling the gaps and Make a new trendline in the future.
Previous IDea made a huge impact of its liquidity . More sellers trap on this moves.
wether your a buyer or a sellers.
FOr now im looking on the 1955-1960 zone.
If you look on the daily its fake H&S price of 1987 before.
Im expecting to test the 1960. before it will drop a little deviation on buyers and sellers again.
iF PRICE REACH the 1955-1960 zone. Im waiting for atleast a week to form a new deviation. maybe the price could retest the 1927 zone to fill its Daily gap. before the clear moves on higher price like 2000 level.
This idea base on weekly and daily charts.
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