Position closed at 2011 (middle space ceiling for today)ImpLaNT wrote: Fri Nov 24, 2023 9:46 pm I entered into a buy on gold at 1994. The base is - M and L Ordinals are looking up, S - shows a upward pullback (I hope that the arrow will change to an upward one over time). n-7n TT are open upward, Cyclicality are all green. That is, we have (n-7n) TT + Cy.
But the market today is extremely sluggish, so there are some concerns. But I will hope for mathematics
+169.8 pips
The basis is the forecast about the low probability of price moving into far space, outlined here... post1295528421.html#p1295528421
A very sharp rise... An unexpected exit beyond the boundaries of the middle space 2011. In principle, the 2017 level was also being watched, but I did not take risks and took profits earlier. This upward surge may be followed by an equally sharp decline in price. I still don't believe in the bulls ability to do anything significant today. But pay attention to the KSO... the 3n-5n partitions still have not turned orange, which leaves room for continued growth. Level 2035 is seen as the limit of the possible and impossible. Next is just open space...