#Nasdaq setting up for more downside. #SPX500 could have completed the C leg as its move is equal measured. Although, big picture S&P500 could well correct to the fib 50 of the last wedge down at $2,892 #FTSE has had an extended B leg so I am expecting an extended run up to £6,708 the 618 fibonacci retrace or £6,867 the fibonacci extension. That's what I am expecting next in the #UK100
#Gold is locked in a sideways channel having not even tested the 236 fib or the 21 week EMA which I'm expecting, especially when you consider my last chart the Gold/silver ratio which I am expecting to go all the way to 30 to complete an 10 year double bottom. This would mean a three figure silver price and when you consider silver is $24, I am boldly saying DO NOT BE IN #GOLD, BE IN #SILVER!
THIS IS A CLASSICAL TECHNICAL ANALYSIS. A VERY SOUGHT AFTER SKILL
#trading #bitcoin #forex #btc #ethereum #technicalanalysis #defi #forex #currency #eth #fx #stockmarket #stocks #coinbase #cryptocurrency #blockchain #markets #crypto #gold #silver #preciousmetals
#Gold is locked in a sideways channel having not even tested the 236 fib or the 21 week EMA which I'm expecting, especially when you consider my last chart the Gold/silver ratio which I am expecting to go all the way to 30 to complete an 10 year double bottom. This would mean a three figure silver price and when you consider silver is $24, I am boldly saying DO NOT BE IN #GOLD, BE IN #SILVER!
THIS IS A CLASSICAL TECHNICAL ANALYSIS. A VERY SOUGHT AFTER SKILL
#trading #bitcoin #forex #btc #ethereum #technicalanalysis #defi #forex #currency #eth #fx #stockmarket #stocks #coinbase #cryptocurrency #blockchain #markets #crypto #gold #silver #preciousmetals