GOLD UPDATE: Watch for breakout towards $1200

FX:XAUUSD   Gold Spot / U.S. Dollar
1828 19
The commodity is in a large corrective structure and it's looking more likely that we break down, a smaller degree break inside this larger structure has already occurred to the downside and will give a nice opportunity to go short and wait for a larger breakout once confirmed. Once at the bottom trend line , a break from here can send it falling towards $1200.

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Comment: we got a break and if confirmed should get us below $13
piphunters piphunters
$1200 on the cards once again
Yeah, i also prefer selling. But 1200 a bit far. i continue notice ur xauusd's post
if we get a very good NFP reading it cements the FED rate hike case and there is no reason why we can't go to such lows, the monthly chart has plenty of room to either side.
target 1420 (+/- 8$)
max down to 1308 - below that price = SL (fail of structure) but it is still long, Dude :)
neeeeeveeeeeeeer :D
hey man. do you follow what yellen says ?
piphunters pyromus
pyromus piphunters
i think you dont understand what she says. you have to study what fundamental is
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