Possible Cypher Pattern for Gold longer term view
Gold already choosed downward movement, since break down the wedge in Oct.
So I'm here to adjust slightly for my longer term stratage.
If Gold price won't break out $1330 in the coming month, it's possible to fall to $1150-1160 level, till Feb.,2017, Then move up.
So I'm here to adjust slightly for my longer term stratage.
If Gold price won't break out $1330 in the coming month, it's possible to fall to $1150-1160 level, till Feb.,2017, Then move up.
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Monthly PA predition
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Price Action Analysis
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likely will test channel floor at 1185
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This short term target will match the long term analysis:
NFP may have a final drop for USD20-30, to target $1153-$1148
NFP may have a final drop for USD20-30, to target $1153-$1148
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compared with the rate hike of last year: From Oct.28,2015 to Dec 3,2015, Gold price fell $138,that is for the 1st time rate hike.
NFP is Dec 2,2016, maybe the history will repeat.
NFP is Dec 2,2016, maybe the history will repeat.
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NFP we'll find a good entry for long
s3.amazonaws.com/tra...shots/y/YxVnHqdZ.png
s3.amazonaws.com/tra...shots/y/YxVnHqdZ.png
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