Hello traders
Its been a while since i posted any charts because im too busy most of the time and i keep them on my pc or in my head
anyway here i am with a chart on gold for a potential long .
this chart/analysis is on a 3day htf and i anticipate the usd to continue its move to the upside up to 1.07 in which case we
will get the move down on gold to the drawn redion on my chart .
as i have labelled we have many confluences so i would expect a strong reaction in this zone
anchored vwap from sept 22 lows
200 ema
0.5 fib
0.618 fib pull from ath - sept low
htf value area low
0.382 speed fan which cuts straight through all of the above which i think is beautiful .
set alerts and wait for the reaction and know where you are invalidated !
i have marked out a channel which could give us an insight into further price movement after the move down .
you know the drill ..like follow share ..thankyou for stopping by
Its been a while since i posted any charts because im too busy most of the time and i keep them on my pc or in my head
anyway here i am with a chart on gold for a potential long .
this chart/analysis is on a 3day htf and i anticipate the usd to continue its move to the upside up to 1.07 in which case we
will get the move down on gold to the drawn redion on my chart .
as i have labelled we have many confluences so i would expect a strong reaction in this zone
anchored vwap from sept 22 lows
200 ema
0.5 fib
0.618 fib pull from ath - sept low
htf value area low
0.382 speed fan which cuts straight through all of the above which i think is beautiful .
set alerts and wait for the reaction and know where you are invalidated !
i have marked out a channel which could give us an insight into further price movement after the move down .
you know the drill ..like follow share ..thankyou for stopping by
