gold 4hour : as i predict gold reach fibo 61%...for coming week:
gold can 2-3 day range,zigzag (or little go down) then start wave 2 to fibo61% daily ( dont pick sell,it can go up directly too, gold is very trendy) only under red arrow i show on chart we can pick sell after sell pibar comes ok? (never open reverse position on gold without pinbar (1h-4h-daily) verfy
see AC indiator on daily chart ,it is green this mean 90% we will see uptrend too in next 10 day
in up we have 2 very very important support (see daily chart exatly)
BAD SCENARIO = if gold can break pinbar low and sma200 1hour can go downer(need big bad news)
if you have old sell against my analyse,you must close all(or hedge) in 1850,,, personally i belive gold going to 2050 then 2400 in next 7-8 month
wish you win , if you dont have buy wait for buy pinbar (i have open buys from low with tp=1900)
www.tradingview.com/chart/jtsoM2GC/
see AC indiator on daily chart ,it is green this mean 90% we will see uptrend too in next 10 day
in up we have 2 very very important support (see daily chart exatly)
BAD SCENARIO = if gold can break pinbar low and sma200 1hour can go downer(need big bad news)
if you have old sell against my analyse,you must close all(or hedge) in 1850,,, personally i belive gold going to 2050 then 2400 in next 7-8 month
wish you win , if you dont have buy wait for buy pinbar (i have open buys from low with tp=1900)
www.tradingview.com/chart/jtsoM2GC/