Timeisaflatcircle

Timeisaflatcircle Updated  Jun 19, 2018

Gold has been forming a ascending triangle since beginning of 2016. It is currently sitting on support of that triangle. Note that this is a aggressive entry as it is possible support will not hold. A safer entry would be when it breaks out upwards from the triangle. I will be opening a long trade here with multiple take profits along the way. Last take profit at...

Timeisaflatcircle Updated  Jun 18, 2018

Based on previous touches this support line has held 8 times when price touched it. One time it failed and took around 9 weeks to recover, the fact that price moved back above the line is more proof to me that the line is valid. Like in the past there is a reasonable chance that price will wick down maybe 5-6% and still recovers afterwards. Keep this in mind...

Timeisaflatcircle Updated  Oct 15, 2017

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Timeisaflatcircle Sep 18, 2016

Looks like a decending triangle. Any toughts?