gold is riding a perfect parabolic movement, but

957
Hi,

in my november publication, i' talked about a gold range in 12M tf, which resulted in the fall of the gold then, gold got the support below, now testing a tl above , i will share the link of the publication below

gold is testing a 12M inside bar high, well at the start of the year, if, continue with it, we have some good positive levels in the near future , but, surely deserve caution here, smaller time frames will guide now

in 1M, gold enjoying the breakout of the Inside bar but under the resistance of the mid of the BO zone, again a point of caution

in 4H, gold is following the perfect copy book parabolic movement, making strong move after taking support and getting resistance from the above curved tls , now at a steeper angle

important 12M , 1M &1W levels already given

gold is within a caution zone with volatile movement , still below the lower tl in 4H , so trade safely

once settled we can get a good directional trade

i will timely add some smaller tf patterns which will help us to navigate through this caution zone

hope you will like the publication and trade safe


thanks
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previous idea
Gold is following this range since 2014 in 12M tf
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in 1H snapshot
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in 4H, gold is trying to form a new consolidation pattern, in case price stopped following the parabolic movement snapshot
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still in hh in 15 min snapshot
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still in HH consolidation snapshot
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still in hh pattern snapshot
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in day tf snapshot
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progress snapshot
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made new parallel curved tls snapshot
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took resistance at the previous day level snapshot
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