Gold Outlook 1H TF Major Move Ahead!
Hello Everyone I have been looking to get active in a community of like minded professionals sharing ideas. The last time I published I was still in the complete amateur phase. But now having spent 100's of hours charting and understanding overall technical and fundamental practices I am here to share my valuable information in exchange for your support and added confluence to my thesis and ideas.
Happy Trading To You All. If you'r new to this stay true to this and it will pay off. (feel free to PM for words of advice.
Analysis:
Gold we are currently looking for a major move on the 1H Time frame. This can be better seen on the 30M and 45M TF
We are seeing a bull pennant overall my bias on gold has been long since 1800's and I have a longer term target of $2,164.
Upon breakout of topside TL we will see a min of the measured move up. Once Retail Identefies trend they could take us a little higher as gold is a commodity we have to understand that and not treat it as its sitster "Currency Pairs"
Cheers Gents best of luck!
Happy Trading To You All. If you'r new to this stay true to this and it will pay off. (feel free to PM for words of advice.
Analysis:
Gold we are currently looking for a major move on the 1H Time frame. This can be better seen on the 30M and 45M TF
We are seeing a bull pennant overall my bias on gold has been long since 1800's and I have a longer term target of $2,164.
Upon breakout of topside TL we will see a min of the measured move up. Once Retail Identefies trend they could take us a little higher as gold is a commodity we have to understand that and not treat it as its sitster "Currency Pairs"
Cheers Gents best of luck!