2lalit

4 MONTHS LEFT UNTIL END OF 2021 (PART# 2)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
In my previous analysis, I predicted the weekly of Sept 13, 2021 (+-1 week) was the end of Time Span for the bull's to test $1845 and it looks like that the bulls could only test at $1835 (//s3.amazonaws.com/tradingview/snapshots/0/0sCnZzix.png).

From the main chart approach above, I also predict that the bulls should be able to close above $1960 or at least above $1920 until the end of November 2021. In line with the main chart approach above and referring to this chart approach which I summarized from the previous cases (//s3.amazonaws.com/tradingview/snapshots/p/pwzAOv7v.png), the bulls should be able to close the prices above $1875 before or after the week of October 18, 2021 to give more bullish signal.

Based on this chart approach (//s3.amazonaws.com/tradingview/snapshots/3/3kEdDYlU.png), if the price can be closed by the bulls above $1835 then the count 2 has settled down towards a higher count of 3.

Could The Bulls Do It ?

ooOoo From The Desk Of Newbie ooOoo
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