msss2019

msss2019

As you can see from my post on April 14, we entered bear case, and I projected fall of gold after big drop from Friday from 2048 to 1992. After breaking important support trendline (Yellow), retest shows gold has stayed below it. I expect gold to continue dropping to 1970s, 1950s to all the way down to 1894 over the next few weeks.

msss2019 Updated 

Very important trendline broken. We can expect mid 1950s now.

msss2019

As you saw in my previous post, the price was in an upward trend at £37.83. I analysed that the upper declining trendline/resistance would be broken on the next approach and the price will rocket up to $45. The price did indeed smash through the upper resistance and has since made highs of $42.95 and still rising fast! We will see $45 in the coming days as the...

msss2019 Updated 

NIO has had a great 2 days run, without any correction. Now you can see correction took it down to $38.74 from $40.45, It did not fall below out upper trendline meaning it is being respected, the price is already rising beautifully. I expect price to close above $40 for a second confirmation of the bull momentum.

msss2019

We can see gold has been rejected at 1790-1798 twice now, and since then it has pulled back. Gold is currently consolidating between 1770-1785 and with the price action, I expect gold to drop further to 1750s before small retrace and continue the downward trend to 1700s.

msss2019 Updated 

As you can see from my post yesterday, the price is moving exactly as predicted. We have hit £40 now and next target is $45.00 Hold you LONG positions!

msss2019 Updated 

As you saw in my earlier ideas, NIO has had a huge correction over last few months. After the huge drop to $32, we saw pullback. We then saw 3x more drops to $34, this is now support. The price then dropped to $35, a higher low. Then we saw price $36, another higher low. As you can see the bottom is now in and major resistance levels formed at $36.50, $36, $35...

msss2019

Gold rejected multiple times at 1743 and underside of the main trendline. Only way is down. 1721 > 1705 > 1690 > 1600...

msss2019

Gold getting weaker towards a retrace to the downside. SL: 1755 TP1: 1727 TP2: 1715 TP3: 1707 BONUS TP: 1689

msss2019 Updated 

As posted yesterday, price is retracing and reacting to Q4 2020 earnings report. The price is holding steady at 42.xx support which goes as low as $38.00. Price should begin to rise now as things settle down. Long entered here as price expected to rise up to $50+. SL & TP on chart.

msss2019

Price has steadily rectraced down to 43.xx as expected after bullish few months. With news of Q4 2020 earnings down, price continued down today. I expect the price to reverse and steadily aim for £75 over the coming months. Trade with SL.

msss2019

Gold dropped to 1823 after major rejection at 1855 yesterday and 1848 today. Now it will retest to 1830, before dropping to 1798. Manage risk and trade safe. SL: 1836 - may retest anywhere between 1830-1836 TP1: 1798 TP2: 1760

msss2019

Gold is about to make a move. Up above resistance to 1900+ or down below support to 1750. Wait for breakout before buying/selling

msss2019

As the US reopens, the gold should weaken against the USD. This will mean gold will lower itself down to 1600-1700 level in the coming weeks. It is unlikely to break the 1800 mark as others have pointed out. Use stop loss, but expect a little rise before the big fall. Trade safe.

msss2019

Strong indication of final shoulder about to complete and go Short. Watch price action around 1.25000.