Evening all,
A quick update on Gold and the fourth wave is still in progress. As mentioned in the linked idea, I'm expecting the corrective sequence to continue into December and print a new quarterly low with the Horizontal support level at 1800-1765 providing some confluence.
I will be looking to take swing positions once this low is in as we are likely to get...
- Please see link to my previous idea for XAGUSD -
I'm looking at the prospect of silver ranging in the 19.000 - 20.000 level towards the end of Q4. Providing it can stay inside the trend channel, price should look to move back towards the top line.
Quick impulses upwards would indicate a bullish breakout and a move back up to test the 2020 high.
Do leave a...
Fundamental View:
Short in the next quarter, Sweeping changes at board level, Earnings Miss, Sector dying if not evolving (BBBY are not). Q1 & Q2 earnings are a write-off. The actions taken to address issues are actually costing more and are old school therefore will take at least 12 months to start to implement and no one with a big name of turning companies...
Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com
Best regards
Aaron
Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com
Best regards
Aaron
