At the 1.618 extension. Potential pullback to 1400.
/* Not trading advice */
Silver-to-gold ratio.
Not
Not
Let's see what happens in the new week
Not
Maybe we need to wait until next week to see how the gods of gold decide
Not
Jury is still out on gold.
Not
Potential head & shoulders on gold
Not
Head & Shoulders target is between 1415 and 1440. Let's see, I'm not buying though.
Not
Interesting...
Not
This gold chart working it surprisingly good... so far. The pullback at the golden ratio was, dare I say it, obvious - current trajectory less so. I don't really trust fractals for trading, but I don't trade gold anyway: in the last 4 years it has done just 50% My guess is that January wick is indicating we have reached the supply zone, but I expect the price can creep up toward 1700 still. Just a guess.
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.