I believe Gold is going to bottom around 1790 (50 Fib) or 1830 (38.2 Fib) then to 2000 and higher. But before that, it could test 1898 (38.2 Fib of the drop) and then go down.

Gold

HI Helioss. Where can I get the Delta Tick Pro indicator that you show in your graph? Thanks.

EURUSD only

Where can we find it on TradingView? What is the name of it? Thanks.

Gold, Daily

Price is at a very important line that has proven to be very difficult to break since 2007. We could be in for a reversal here to test the 38.2% Fib at 1.0358. Attached is the Monthly chart.

EURUSD only

107.46. 2 pips more than your target. A shark with a slightly thicker skin than normal. Excellent work, Ata.

EURUSD only

You may very well be right. On the attached chart you can see that the 61.8% Fib retracement from the 1.0481 bottom to the Shark top projected at 1.0744, falls exactly on a strong Support/Resistance level at 1.0581 (Pink line).

EURUSD only

Good morning Ata. What would be the implied target area of this Cypher or Shark formation? Thanks.

EURUSD only

Hi. Can you please explain how to use this indicator. Can you set an alert on a hand drawn trendline? Thanks.

Indicators with ON/OFF buttons

I agree with you. See attached Daily chart and the drop from 1.2270. We are now at a most crucial trendline. It is highly unlikely that it will be broken on the first try. Much more likely is a drop to the 38.2% retracement level (Blue zone) and ...

EURUSD only

Hello Ajax. I like your Elliott wave studies. I would appreciate an update on the Gold chart. Thanks.

Gold

I think you mean 1825-1830

Gold

Retracement to the 1783 level is very possible before rising again. It would be roughly the 50% Fib retracement and a proven support/resistance level.

Gold

I am expecting a new high. In the monthly chart below, you can see it is forming a cup with handle formation. At some point, I expect a breakout to the upside. The reason is inflation. I believe the central banks are way behind the curve. They will ...

Gold

My same strategy... Fibs are amazing indeed. Many times I use the 61.8% Fib in a different way in order to foresee what the bottom or top of the move may be. In this particular case, since I expected a bounce to 1830 and I already had the top of the ...

Gold

I agree with you on everything you say. There is another important reason why the 1830 level might/should be touched: it is the 61.8% Fib retracement of the entire move down from 1877 to 1753. This, together with the strong December to February ...

Gold

Hi. Can you please explain what you mean by this: "...this level was totally ignored on the way down, which leads me to believe we will be retesting it." In other words, why do you feel it has to be retested on the basis of not serving as support ...

Gold

Today the stock market has a chance of putting on a real Black Friday. I know this is a seasonal bullish time, but...

Gold

I don´t see the climb stopping until at least 1912.

Gold

Hi Elbert. What´s your target...? Mine is 1828.

Gold

EurUsd is building a solid Bull Wedge on the Daily. I know we all expect EU to drop further, but with the ECB news upcoming, I would feel uneasy about holding a short position. The chart shows a potential explosion higher. I think the safe route is ...

EURUSD only