Yahia.Awes
Short

Short Gold for double bottom.

FX:XAUUSD   Gold Spot / U.S. Dollar
1377 3 30
I feel like this was just a correction and needs a double bottom for a real rally to start.

Supports my bullish view on the dollar and bearish euro             , oil             and cad.
Comment: So far so good!
Comment: All eyes on 1060, 75% profit taken rest is at BE
Comment: Keeping this short for a long term, maybe untill we see 3 digits. I will take profit at the break of 1100.
SL hunt about to start!
Reply
IvanLabrie Yahia.Awes
Going long here?
Reply
Yahia.Awes IvanLabrie
Yes Ivan, I am already long at channel touch. It has formed a bullish divergence also as you can see, so this might go to +/- 1200 before further drop. It also formed a diamond pattern on the support. Remember horizontal support, channel support, diamond bottom pattern, bullish divergence and falling wedge is worth risking for me here a long
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