GOLD update: please look at the rising channel for gold over the past few weeks (contained in purple lines).
Last week, gold hit the mid-channel line and was promptly rebuffed but this morning has held at the lower support trendline.
If it holds and continues higher, I expect Gold to attack the September 4 high (but fail to breach). If a breach does fail, I believe this will solidify the wave B prediction and Gold will fall strongly over the coming weeks near the $1,400 level (and hopefully hold).
Comments appreciated.
Benji Miller
Last week, gold hit the mid-channel line and was promptly rebuffed but this morning has held at the lower support trendline.
If it holds and continues higher, I expect Gold to attack the September 4 high (but fail to breach). If a breach does fail, I believe this will solidify the wave B prediction and Gold will fall strongly over the coming weeks near the $1,400 level (and hopefully hold).
Comments appreciated.
Benji Miller
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.