Gann Fan
XAUUSD Gold Price Technical Gann Analysis for 12/14/2020The main trend is down according to the daily swing chart. A trade through $1879.80 will change the main trend to up. A move through $1767.20 will signal a resumption of the downtrend.
the key point for the price is 1823.50
resistances:
1849.90
1870.30
1879.80
supports:
1823.50
181020
1780.50
1767.20
Good time to buy NASDAQ100?It is very likely that NASDAQ100 will retrace, question is when is good time to enter.
Not a trading advice.
If I were a whale, here's what I'd do...
Lots of smaller players have stuffed their bags in anticipation of the SPARK airdrop.
Most trading volume of the past 10 days happened in the $0.55-$0.62 zone
It only seems logical to take them down 20-30% and have the weak hands pee their pants, then pick up the cheap coins and then do another leg up all the way till $0.94-$1.20, forcing newcomers to FOMO in.
ES 15min GannFan shortim a overall bear since 2018
because of that i don't trade that much anymore, im just buying more spxu more for every step up
still i understand everybody has a plan
my levels are indicated by gann fan
i also use it to see if the move up is getting tired
first i check weekly, then 4h, then 15min
RSI confirms or not my theory
but at the ends, bears have been wrong 2-3 times in the last 3 years
so you know
dont trade this