keno1989

GOLD MAJOR UPDATES

Long
keno1989 Updated   
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
My previous idea I said the major algo can goes back to 1800, then I revised it, because I see the news on FED last week, they will cut rates next year.

I will wait the price to get In that zone 1990-2000 level. Stoploss below the reaction area 1975.

This speculation is higher than you ever expected to me.
IM using numbers on the previous 3 years high, How to calculate or estimate the is how long the price retrace to its high, thats How I assume the price would go in the near future.

Not focusing on short for now. Higher speculations on price distribution at 2300-2350$ per ounce of $GOLD.

Goodluck and Happy trading A longshot to be watch, I will not update no more on GOLD, I will update only if price breaks the 1970-1973.

Comment:
we might see 2070$ spike..
Comment:
2070 there you go.! hourly smt is around 2118$, daily smt 2071-2073, 4h smt 2087-2088. trade at your own risk, disclaimer this is not a signal. im looking on that zones on smt, retracement will be posted once that preferred numbers come.

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