Mai: LONG & SHORT

11 apr 2019

The low in May long and then second half of the month short.
For the success of this setup, the resistance @ 1360.6 should not be outbid with Daily or Weekly closing price.

14 apr 2019

Nota

If gold does not stabilize at 1282.65 next week, then the next target would be Kijun on a weekly basis or 0.786% Fibo from the ABC Formation.
If the price closes (contrary to expectation) under the Kijun, then Butterfly would be active with targets between 1250 and 1258 and in extreme cases even 1243.91.

15 apr 2019

Nota

The blue 1-5 (of the red 5) can soon be finished.
I pay attention today at 1284.8 to close my short. I don't need more ;-)

15 apr 2019

Nota

Yellow circle was not undercut.

For further development of the gold price, it is advisable to pay attention to GOLD-SILVER RATIO and above all to the brand @ 85.346.
If we see break and close on a daily basis below 85,346 then gold will rise and vice versa.

15 apr 2019

Nota

It is still not clear how it goes now. It may be that since the last high (top of the wave 3?) Gold has fallen in the form a b c d e ... If so, then today the e would be finished and thus the wave 4.
If confirmed, then wave 5 should rise towards 1360.6.

15 apr 2019

Nota

Confirmation for rising 5 would be overbidding at 1310 with daily and weekly closing prices (yellow circle).

15 apr 2019

Nota

Blue lines are (as usual) the TP levels!

15 apr 2019

Nota

Gold-silver ratio:
monthly basis...
Exciting location...
Either the red 5 is already finished or if it goes over the last high, then it will be completed in 1 to a maximum of 3 months.
This year - an A B C correction would be a logical consequence.

17 apr 2019

Nota

Here one alternative to my main chart above
The green level is the KIJUN on a weekly basis... eventually as support.

26 apr 2019

Nota