LONG TERM BULLISH ON TRENDLINE SUPPORT

2021년 3월 17일

After the 38,2% Fib Correction and the trendline retest, the bull run on gold can continue.

Remember cup of tea/2nd impulse is activated up to 2,500.

2021년 3월 21일

노트

Last week gold performance was quite better than the last months. It held the support trend line and aiming higher.

2021년 4월 1일

노트

In short term we've made a double bottom in 1677$, let's see if it respects it and if it is activated.

That means that if we break 1753$ we will break the downtrend and activate an objective up to 1834$.

This will match our scenario pretty well.

If this doesn't occur, we may see more downtrend until 1568$ at maximum low point. Which in my opinion will be an excellent opportunity to buy.

2021년 4월 3일

노트

Trendlinde respected. We're close to activate that double bottom.

2021년 4월 13일

노트

Double bottom activated, relative behaviour has improved

2021년 4월 17일

노트

Nice behaviour this week. We are looking for 1835$