dharmobdFX

dharmobdFX

After gold has crashed as most badly dipped since a year ago because market very worried about tapering what the fed has announced. Despite it will still happen within year 2023. And now... Is Gold making inverse head and shoulder? Target around $2250 Only a matter of time.. Will see.

dharmobdFX

Will it happen? Only a matter of time We'll see

dharmobdFX

That GOLD looks like to be parabolic and resistant within 1880-1890 My prediction that will go down for a while to finishing wave 4 minor range 1800-1812 and after that will swing to wave 5 minor range 1950-1960.

dharmobdFX

FOREXCOM:XAUUSD GOLD has finished correction and consolidation and will making double bottom in $1760-$1780. In weekly time frame has mentioned that oversold and just touched EMA50. It will be rising soonly and go to final wave cycle 5. Suggest position : Buy order $1760-$1780 TP within $2270 SL under $1750

dharmobdFX

GOLD has been making consolidation and made correction flag pattern (ABCDE). I consider around $1760 GOLD will get new base support for go long then. GOLD still bullish as above MA100 in weekly time frame. A huge stimulus as waiting for GOLD will hit the highest all the time $2185-$2243

dharmobdFX

OANDA:XAUUSD GOLD last night was making higher high in $1952 since two months ago but need more little time to be confirmed that will making hit the highest 5th wave ($2185-$2243) If $1952 doesnt break tonight so GOLD confirm to slip first maybe around $1910_1920 and then go rise to hit $1952 for making DOUBLE TOP again. And finally maybe around...

dharmobdFX

FX:GBPUSD GU is going to finishing 4th wave to $1.27000 Recomendation SELL now because GU has been made double top TP 1.27000 SL above 1.32000

dharmobdFX

SAXO:XAUUSD GOLD will dip to $1849 if it doesnt break GOLD will make double bottom with previous touched. If breakable GOLD will dip to $1824 and this is supoort very strong in fibonacci 61.8. And then obviously GOLD still bullish and should finishing touch 5th (final) impulsive wave within range $2185-$2243. Let we see soon.

dharmobdFX

FX:GBPUSD GU will dipping to around 1.27800-1.27000 for making double bottom pattern also finished intermediate 4th wave and then rise go to intermediate 5th wave also called primary 4th wave around 1.34800-1.35000 for making double top pattern in daily time frame. The time will prove it.

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dharmobdFX

TVC:HSI Hangseng index will go to make 1st wave and mostly a Elliot Wave identification was formed after huge correction happened since black march 2020.

dharmobdFX

SAXO:XAUUSD Gold needs 80-85 days within next week to finish 4th wave that around $1873-$1849 will be touched for making double bottom pattern in daily time frame as mostly 4th wave Elliot Wave characteristic. Then gold will go to 5th wave and making a new hit history probably around $2185-$2243 . Only time will prove.

dharmobdFX

SAXO:XAUUSD On my own technical predict that I combined used the copy of previuos candles year 2011 and fibonacci retracement and also elliot wave so GOLD will be hit the newest high $2185 within first November after US election. And then it will set up for the highest all the history $2326 (fibo level -61.8) within around first december 2020. Only time...

dharmobdFX Updated 

SAXO:XAUUSD Gold has been finished consolidation period that it was breakout yesterday and then going to 5th wave (final wave) so gold can hit highest all the time $2185 . But gold shall be through consistanly and break resistant in range $1961-1979. My own suggest : Buy on Weakness around $1920-1910 TP $2185 SL below $1980

dharmobdFX

Gold was consolidation for 4th wave and was making bullish falling wedge and will go to hit 5th wave or final wave Suggest buy among $1850-$1836 TP $2185 SL below $1825

dharmobdFX

SAXO:XAUUSD Gold will going to wave 5 or called it final wave completely bullish trend wave forecast $2185 and if go higher can reach highest all the time $2242