FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             has been in a correction since it made a double top at 1375. If you follow my last trade on gold             and still have your short position, I think it is time to take profit. Gold             will probably find some support at 1300-1305. I think there is a long opportunity here according to the chart:
- Trend line support.
- 38.2% Fibonacci Retrace @ 1307
- Last low at 1305
- Left structure shows major support area at 1300-1310.
I see a chance that gold             will re-bounce to the resistance area at 1330-1335. The 23.6% Fibonacci retrace is at 1333.

Trade Plan:
- Buy Limit @ 1304
- Stop Loss @1297
- Take Profit @ 1332

Stay Tuned !
Order cancelled: Gold only touched 1310 before moving higher as expected to the resistance area 1333. I have cancelled my buy limit order because I think gold has bounced but still has the probability of retesting the recent low at 1310 or lower. I will watch the price action first before making a trade.
Great chart,have it touched your buy zone ?
1300-1305 is my buy zone.
Boumrah VietnamGold
We also have AB=CD with a bullish divergence
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