Any daily reversal candle around 1810 will be a good BUY

Zaktualizowano
Any daily reversal candle around 1810 will be a good BUY. I will prefer to see a third MACD divergence on daily TF around this price.
TP should be around 2200/2300
Uwaga
I have 2 guesses for bullish view.
1. COVID-19 second wave might turn Gold attractive again as a save haven which could later cause "Gold crash" by end of first quarter once vaccine news start rolling out.
2. Stimulus would come after election - crazy view though. If Rep looses, they might agree to the terms of Dem on stimulus (maybe they are just be waiting for a good time to play "You just lost a good and empathetic leader game").
Uwaga
"1 GOOD" trade is better than "3 GOOD and 2 BAD" trades
Uwaga
A female president will have similar but rapid effect as (1.)....Wake me up
Uwaga
DXY could drop hard to 89 by Jan 2021. Oil could reach 50 and beyond. Gold should be bullish around 1810.
snapshot
Uwaga
Renko is counting 3-1-3-1-? = w-x-y-x-z
snapshot
Uwaga
Dont rush...Wait for a reversal candle on daily TF before any LONG
Uwaga
If weekly BTCUSD divided by XAUUSD forms a topping reversal candle by Friday, start selling BTC and buy GOLD.
Uwaga
Once price retraces below 1800 again, watch Net Volume for 3k
Uwaga
Update on long analysis
Uwaga
Dont BE FOMO BULL, Be Smart
Uwaga
Here is the plan...Join me
Uwaga
snapshot
Uwaga
Same Plan
Uwaga
Update on Plan
Elliott WaveFibonacci

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