theoris

Update Gold for follower that ask me in pm

Long
theoris Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi
I have many pm so I would like to summanry in this idea.
As I have early priate idea that have old entry around 1496 , 1528
If you still keep this nothing to do because I think you partial close and let it run as it can go.
What 's next !
I see daily chat .
from 1160 it have big move around 3 step and now in step 4
it move around 1600 - 1300 -1000 pips
it is decreasing if i calculate to forcast next move . It should move around 700 pips ( 1557-1568)
Yes, If I am right This move will go around 1557-1568
and will retracement again and check direction again.
Now we near supply zone in weekly timeframe ( gray zone)
It may drop sharply or hugh Break up.
Nothing is 100% sure ,Only good money management can help you survive.

Yes It is only my opinion . but what to do it is depend on your account and strategy.

Hope it may a little bit help.
Trade with cauton and don't forget to protect profit.

Cheer,
Theo.

Comment:
small TF
you will see sometime I change TP a llite bit
because of Chart pattern change every second too.
so it is safe to talk in Zone , not in point.
Comment:
Break up if not drop below 1545.0 again in TF H1

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