ritaa123

ritaa123

I am taking a long term sell from here. As you can see from the chart, the fibs align with the major supply and demand points with price touching the highest trend line.

ritaa123

From past Gold behaviour we can see that Gold is bullish during December-January. We have already seen Gold establish support at $1850 meaning it will now be fluctuating around the current price until we see it rise in December. After this we can expect to see Gold rise until $2200. Another reason for this rise might also be the new President Biden during which...

ritaa123

I predict Gold has some more way to go down

ritaa123 Updated 

I think gold is still very much bullish

ritaa123

Looking at the higher time frames, GA is on a clear uptrend possibly up to monthly resistance 2.00800

ritaa123 Updated 

Gold could go down to 1461 and then go up to 1490 once it touches the trend line. However, in the long term I think Gold is still going down.

ritaa123

Triple bottom at the support 104.40 Price is currently at weekly support however, over the following weeks should rise to monthly resistance at 114

ritaa123

Price may bounce off trend line and break upwards to form a new high