PriceSpeakers

Key moment. End of contraction.

FX:XAUUSD   Gold / U.S. Dollar
FX:XAUUSD            

The price fails to establish a new high for the current expansion, this expansion is actually a contraction last bearish movement. Thus:

We can expect a further expansion down if the price breaks the point A.

If the price rebounds from point A we can expect an upward movement to the point X (The top of the dynamic range).

If the price breaks point A, it sure got at least to point B.

If the price keeps a good bass player can take the first speed benefits at point B, the second at point C and the third at point D.

This moment is key.

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If it breaks 1348 do you expect it to go to 1360?
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PriceSpeakers zahidiyucef
Sure, now price is breaking point A but it could be a trap market, wait for confirmation (rupture strong and pullback slowly). If it is a trap market and price break 1348, wait for confirmation (rupture strong and pullback slowly). If it happens, surely price reach 1360.
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zahidiyucef PriceSpeakers
Whats a rupture strong and pullback? Lol
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PriceSpeakers zahidiyucef
Follow us, we want to educate our generation at understanding of PRICE LANGUAGE.
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wow it is following to the tee....as of Aug 11th, 2016
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