It's time for GOLD to drop

2021년 7월 13일

There have been rejections at the price of 1815 several times (light blue line), and my projection for Gold will fall to touch the price of 1766-1767.

Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.

2021년 7월 14일

액티브 트레이드

Sorry very much in advance, I forgot this pattern to be calculated into my analysis. I have taken a short position with the same target, 1766-1767.

2021년 7월 15일

액티브 트레이드

Revision.

2021년 7월 16일

액티브 트레이드

“M” pattern has formed at the low time frame (15 minutes).

2021년 7월 17일

액티브 트레이드

Now the position of Gold is under the second barrier of the Supply Zone on the H1 time frame, and is also supported by the RSI indicator which is declining.

2021년 7월 19일

액티브 트레이드

It looks like it will continue to fall towards the Demand Zone on the H4 time frame, and is strengthened by the RSI indicator which is also experiencing a decline.

2021년 7월 23일

액티브 트레이드

I added some analysis.

2021년 7월 29일

액티브 트레이드

Gold is testing the second phase in the Supply Zone on the H4 Time Frame. And after this it can be assumed Gold will drop again.

2021년 7월 29일

거래청산: 스탑 닿음

Stop loss has been hit.