Gold Correction Almost Complete

Nov 27, 2020

The move gold will make is quite clear now assuming it is setting up a bear flag at the moment (which looks like it's breaking down as I type this).
The measured move lines up perfectly with the lower support from the wick.
If we wick off there and closer back above the upper support, I will be going long.

Nov 27, 2020

Note

Please consider donating a few Gwei if you enjoy my charts and find them helpful :) 0xf611624408DB83923979Fc2cBd88D6965594fb31

Dec 1, 2020

Note

I am not buying this rally yet. There still hasn't been a retest and resumption of any of the support on the 8hr timeframe, which is the most reliable.
I would like to see a liquidity grab with a wick down to the bottom support just to take out all the people going long too early.
If not, I will be looking for a retest and resumption of the red S/R line it is currently sitting on

Dec 8, 2020

Note

Profits taken here, expecting some sort of pullback