Update Swing Gold 27/12
With this idea, we can easily see that the price is approaching the blue dotted line, but past signals show that when the price marks its territory on the blue indicator line, the price increases by 263, which is This also convinces us that when we wait to break through the line, it will be more difficult to gain profit at 263 price.
One more thing, at the 4-hour frame, the price broke through the red cloud and stayed above it, the future blue cloud is thick, this is the catalyst for the gold price to increase sharply in the last days of the month without much adjustment. Maybe this is a continuing rising wave at the 4 hour frame, all factors agree and support it.
See more ideas below with the morning star candlestick pattern to strongly reinforce the rising gold price line that will continue at the end of this fourth quarter without significant adjustment.
Good luck!
With this idea, we can easily see that the price is approaching the blue dotted line, but past signals show that when the price marks its territory on the blue indicator line, the price increases by 263, which is This also convinces us that when we wait to break through the line, it will be more difficult to gain profit at 263 price.
One more thing, at the 4-hour frame, the price broke through the red cloud and stayed above it, the future blue cloud is thick, this is the catalyst for the gold price to increase sharply in the last days of the month without much adjustment. Maybe this is a continuing rising wave at the 4 hour frame, all factors agree and support it.
See more ideas below with the morning star candlestick pattern to strongly reinforce the rising gold price line that will continue at the end of this fourth quarter without significant adjustment.
Good luck!
