7 months later of Gold price on weekly chart

7 months later of

Gold price on weekly chart

Those are renewal gold price charts and old history of blogs which have posted since 7 months ago.

Please return back to bellow blogs and retrace what I said before and digest attentively what will be happen to the future of Gold price as a sort of determinism

5) http://odysseylee69.blog.me/220174939107

4) http://odysseylee69.blog.me/220169534598

3) http://odysseylee69.blog.me/220066688306

2) http://odysseylee69.blog.me/220027352419

1) http://odysseylee69.blog.me/220073206024

7 months later of

Gold price on weekly chart

(As Symmetrical triangle pattern)

See the symmetrical triangle pattern (black lines) and

See the See a Revised supported line (Blue color line)

And contrast before and after.

A) The symmetrical triangle pattern has been breakthrough October 2014

And failed to rebound to the vertex of triangle and has been acted as the resistance      line  

B) The Blue color line has been acted as the supported line in terms of a ladder pattern (Can you draw the cannel or ladder pattern?)

Indeed!

“A” is evolved into “B”

Now it seems like more or less of a ladder pattern  

If so, the next movement of gold price should be supported by “4” lower than previous lowest point 1130.40?

Neglect all the news but only watch assiduously or pre-supposedly out the shape of ladder pattern and response between both gaps of Channel, for it should be fluctuated between 1300 and 1140 unless the channel is breakout

I wish you have a good luck

And happy New Year!

(Today FEB 19. 2015 it is a new year as Chinese moon calendar) 

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Sorry!

I forget to tell you about the future of Gold price in Marco view

Which direction it will finally be breakout?

UP? or Down?

I will bet Down 80%

Nevertheless we would better to response according to what they are opening their card to us 

Brent crude oil for future

Brent crude oil for future

Monthly chart of

Brent crude oil

It seems to be supported by previous low level (see the black line)

For sure, check it out as very attentively the 4 signals as relaying deeply on the world economic factors. For nowadays all over the world economic issues are deeply subordinated by 4 signals as below that I descripted and

Review what I said before form http://odysseylee69.blog.me/220230884702  

1. is what we are waiting for the “^” signal  of Bollinger band’s upper line

2. is what we are waiting for the “the gold cross ” signal  of stochastic but not well      matured yet.

  Let us be patient a little more and then we shall see the shape  

3. is a  hammer candle which is rebounded from 45 point ,preparing for supporting the    downtrend

4. is Pervious lower points as Supported line. I think it will be acted as very strong  supported line.

I mean that oil price will be not more than this level. It may be big help what is lowest price of it