

Cryptoelmo
117 posts





$GOLD: After a $50 rally off my $1750 support, Gold has been basing all week ~$1800. This is what bulls want: Choppy, trap filled bases setup trend legs The 200dma is at $1830 & next big lvl/target. Recapture that and were back in a strong uptrend to $1890 and the path to ATH's

$GOLD Update: It's been a $150 rally from my last chart post & more likely ahead: On May 14, Gold broke $1855 which coincided perfectly with recapturing its 200dma & a 9 month bull flag breakout. Last week, we backtested it. From here next targets are $1950, then $2070, $2300


$GOLD Is on the verge of a major move - clean technicals here. All month, Gold coiled into a perfect symmetrical triangle, right at resistance of a five month bull flag If it breaks out at $1900, Gold is headed to $1940 then $1980 short-term. Pattern fails below 1850 & sees 1790


Lines in the sand are last week's highs/lows. Keep an eye on gold here.

I think November we see $45+ Brent Let’s do this! #OOTT

