Gold its been going up lately but the volume was weak. The FOMC meeting next Wednesday could call the top on Gold on this Left Translated Cycle around 1260-1266 and complete the last leg down to 1180 area and finish this Bullish BAT. This area is also the lower area of the triangle which could launch the rocket to the 1400. It might be the last kiss of this lows to make "definitely" believe this is a bull market.
So, first short at 1266.66 to slide down to 1180 smashing all the last bull dreams. Then we can bottom just before the next FOMC meeting on September.
PLAN B: If we close above 1265 get out !!!
Plan your trade and Trade your plan
So, first short at 1266.66 to slide down to 1180 smashing all the last bull dreams. Then we can bottom just before the next FOMC meeting on September.
PLAN B: If we close above 1265 get out !!!
Plan your trade and Trade your plan
