What could be expected for gold this week even after the big US election will gold continue to rally or not?
Now whats about to happen here
everyone knows that trump lost elec and that could cause a short term fall for gold only to make a touch on a very significant support and trendline before we buy again
now areas of target should precisely be 1922.841
now for stops i would allow you to have this based on your feel for risk to reward yet this one simply tops a 1:2 RR
this is an amazing set up hope you guys enjoy it its been a while
if you guys are willing to be my IB and earn up to $1000 a day feel free to take my number from the screen shot of the analysis above
have a good one good luck guys
I know you probably don’t want to hear this, but I think the markets will be a bit rangy and consolidated for the next few months.
I think what you have drawn on your chart is good for the short run, though. I’m expecting EUR/USD to break up through the monthly downtrend line before it starts to range.
It needs help from the dollar, though. What you have on your chart above would confirm my theory.
No theories to be confirmed i like how brave you are
EURUSD will rally for 1000 pips
it broken above the daily and weekly counter trendlines big buy for us entries are up right now
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Gold prices have been increasing insanely. I am planning to invest in it but not sure if it will fall in the coming time.
Nothing is certain especially considering the inflation looming in 2021.