i have to be honest with you, I'm more impressed from your drawing than your analysis.
Childrenofmen
⋅
So how likely is this scenario do you think?
This would imply some choques to happen in the broad market.
pixi
⋅
@Childrenofmen, hi bro, yes indeed. But if look the big picture (see below), imho, the most critical area is 1290 (let's say 1300), and i think gold could reach at least this level to complete a bearish pattern (see previous idea). That being said, above this area, Gold would broken its long term trendline and this scenario would be "playable".
Childrenofmen
⋅
I've seen that idea and i agree thats a critical area that seems very likely to happen, since indices are showing weakness for the first time in 3 months. However 1433 seems utopic at this point. The patern is there, we can all see that. But if we will have enough triggers remains to be seen. @pixi,
Cryptolover
⋅
No chance for bearish?
pixi
⋅
@Cryptolover, hi, see my answer below at Childrenofmen
SpiderMan
⋅
I m not intreted in the analysis however im very intrested in the painting!
how can i draw like that?
eskgroup
⋅
:)
RoboCash
⋅
Best entry at 43! I am waiting for a bit more confirmation...