dRends35

GOLD - Getting Crushed.

Short
dRends35 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD is capitulating and a Primary wave C is probably underway down to $1500 area. The recent sell of has been fast and a bounce will probably come soon enough. I'm swing closing some of my position and if price gets back up to long term support turned resistance then I will re-enter a swing between 0.5 and 0.618 fibs. If not I dont mind at all taking profit, I will hold into further capitulation.

Some funny comments. It was just the same calling BTC and ETH top - a little milder here actually.
Comment:
1hr hammer completed into ABC 1:1 area. Very good chance will bounce from here.

Trade closed: target reached:
Position closed as clear reversal underway. Will look to re-enter down the road.

Next video Saturday 22 June😼.

Hodlers assume an obvious next wave up but will there be a sting in the tail💀.

Deep analysis - I keep the juicy details for my clients.

Telegram Group: $50 per month 👍🏻.

Contact: t.me/dRends35
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.