Textbook example for a Wykoff Accumulation. long XUAUSD

FX:XAUUSD   Gold Spot / U.S. Dollar
141 0 3
We are back in the Aug-Oct 2015 uptrend channel . P&F charts suggest a 250-280 point correvtion from 1040 minimum, so 1290-1320 should be the target before we see a major downside move again. CHECK for COT net short % of the commercials compared to overall open interests. an increase to 410000 with a higher net short positioning increases the correction probability. With i.o.'s above 450000 and net short of commercials :SELL
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out