Heavy short. Long bitcoin. Good luck.
T1: $800
T2: $400
T3: $70
T1: $800
T2: $400
T3: $70
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Fundamental analysis: Gold's value = its use cases: jewelry, dentistry, store of value. As old folks retire, money is being transferred from the old to the young and the young are having more influence on markets. Gold is not the preferred store of value for the young. in fact, not many want to even touch it. Gold to fall, bitcoin to rise in the very near future.
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Golds future value = its current use cases - the value of being the preferred store of value
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Sell targets:
s3.amazonaws.com/tra...shots/7/79xeuFjL.png
s3.amazonaws.com/tra...shots/7/79xeuFjL.png
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I want to emphasize that this is a long term point of view. It will take 5-10 years to develop
トレード稼働中
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GOLD WARNING! crash is imminent on a 1 week interval. We will know the reason for such crash soon
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Weekly GOLD = 4H/5H NFLX from 06/18-12/18. Gold is a significantly slower market.What took Netflix 6 months to complete, took Gold 3 years. If you lay the weekly GOLD chart from 2016 - current next to the 4H/5H NFLX 06/18 - 12/18, you will be happy and or unhappy to see Gold has peaked. Serious downside to come whenever the market decides to break. best fo luck
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of*
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The market is screaming at you, no one cares for gold.
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If you do care for gold: from the bottom of my heart, I wish you the best of luck financially
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GOLD: what a horrendous market oh my god. Contaminated with range + trend algos with no volume. These clueless algos are sitting ducks. They trade the range or the trend, they do not predict the end.
Bring your cash + Elliot wave + statistics algos to work on Monday. You will run right over this market.
Bring your cash + Elliot wave + statistics algos to work on Monday. You will run right over this market.
トレード稼働中:
RUN!
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$1,339^ Run for the hills
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Someone just dumped $1B of gold in the futures market
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Start running! s3.amazonaws.com/tra...shots/n/nUBVvi4z.png
トレード稼働中
トレード稼働中:
This will hurt.
s3.amazonaws.com/tra...shots/k/kGpvJ282.png
s3.amazonaws.com/tra...shots/k/kGpvJ282.png
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and yet another month goes bye and no one cares for gold.
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by*
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Expecting demand to drop like a rock soon.
Expecting demand to drop like a rock soon.
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トレード稼働中
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GENERATION BITCOIN: 90% of Millennials prefer crypto to gold finance.yahoo.com/ne...refer-153754375.html
トレード稼働中:
Looks like all you gold fondlers will learn the hard way. Heavy short. If somehow the gold bugs manage to break up from here short 16.5k.
トレード稼働中:
We are in the "complacency" stage of market psychology.
"We just need to cool off for the next rally"
"We just need to cool off for the next rally"
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t1: $914 - $994
t2: $673 - $733
t2: $673 - $733
トレード稼働中:
Run.