2/13/2016

Analysis the Gold price

Monthly chart for Gold price


Nowadays the Gold price is reissued since the global economic is getting doom.
Hence
I would like to post and analysis it
Check out whether if it will be happened to breakthrough and/or supported line?
It is crucial and inflected point as enough as paying attention  

I think it will be acted as breakout (③) and supported line (④)
Otherwise it will be continued as downtrend line  
Let us see the chart and listen to!  




①     Is the ladder Patten if uptrend line
②     Is downtrend line
③     Is a big candle which is appeared as “breakthrough uptrend line ( but unsure)”
④     Is possible adjustment(corrective wave) if so, “breakthrough uptrend line ( but unsure)”
⑤     Is expected uptrend line if 5ma is happened to Double bottom on 20ma
⑥     Is preordained and recoiled as the Ladder pattern so that it is continued business as usual, nevertheless all the atmosphere of its optimism is rising     

However
The below is reference what I said

Reference:

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