1 year candle timeframe analysis
Diupdate
this is 1 year candle timeframe
as you can see we got a green box
based on 2011 HH and apply it to 2021 HH
and got around 1680-1690 area as next target
with possible bottom at 1520-1560
more likely the 1520-1680 = yearly wick zone,
so even if gold hit 1520,
then we can expect 2021
candle close near 1680-1690 zone
all of it depend on jan and feb monthly candle close under 1772
if yes then it open possibility to hit 1560 and 1680 zone
as you can see we got a green box
based on 2011 HH and apply it to 2021 HH
and got around 1680-1690 area as next target
with possible bottom at 1520-1560
more likely the 1520-1680 = yearly wick zone,
so even if gold hit 1520,
then we can expect 2021
candle close near 1680-1690 zone
all of it depend on jan and feb monthly candle close under 1772
if yes then it open possibility to hit 1560 and 1680 zone
Komentar
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Komentar
Since gold drop under 1900My view of gold change to basic view gold rally before and after recession
Before recession we see 2070 rally
And after recession possible global crisis, mean we can see rally higher than 2070 if crisis happen
I think crisis happen by end of 2021, so there room for more correction this year, but
It's all depend on movement under 1772 as confirmation
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