So i like to forecast what could happen on every trade i take always finding the best highest probability, this setup looks so clean at the moment be nice to know what you guys think and if we forecast both situation then we wont be shocked when it doesn't happen either gold for the win :)
Jan 20
Trade active: MACD is showing now divergence
Jan 20
Trade active: so looking at the dxy if we break below its current price then gold might not even drop out and retest that area above at 1563.145 and then rally so just be patience
Jan 21
Trade active: So looking at gold now this could be ready for a long rejection below this area and hitting 50% fib


👍👍👍 I agree, profit target @ 1573.730
+1 Reply
as it stands at present time and with benefit of hind sight (for me!) that looks like pretty impressive analysis. I did see the top come in this morning (UK time) and rode it for 900 or so points but didn't see it top before it happened or expect the drop. Well done. (also i got my long in to early after the drop!!)
@pvick, thank you 🙏
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