GC1!, round bottom or break down

Jan 3, 2016

it has been a year of overall bears when bulls were trying to pick the bottom
for the past 2 months, gold price seems to be making a rounding bottom (unless the red support is not broken)
else we go lower

let me recall my cycle analysis


that long wick makes me feel uncomfortable about going bull




the doji is tricky
daily and monthly have bullish bias, but weekly is more towards selling
i would have higher confidence of being bullish had the doji has longer lower wick

i am keeping my short since

Feb 5, 2016

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Jun 16, 2016

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Jul 4, 2016

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Apr 2, 2017

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Apr 13, 2017

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Apr 15, 2017

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Apr 15, 2017

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Sep 6, 2017

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Oct 6, 2017

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Feb 12, 2018

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