FX:XAUUSD   Gold Spot / U.S. Dollar
192 0 13
It seems that the retrace is done, gold             goes on the bull cycle again:
1. bull flag
2. 0.382 Fib retrace similar as last wave
3. similar up-channel and down-channel intersection area, all of them show strong support.
4. RSI support.
Comment: The second one is 0.5 Fib Retrace.
Comment: Don't know why up-channel is not being shown on the chart. If you use chart share link :
snapshot
, you will see the channel
Comment: A re-test of the 1220 area is possible.
Comment: Gold looks so weak lately. See the price action around 1217~1220. If it cannot hold, it will lead to 1210, 1200
Comment: Let's see if the support lines will be tested multiple times before going up as before:
snapshot
Comment: Breached the support. It will go to next trend line, which is 1210 area and 1206 area.
Comment:
snapshot
Trade closed manually: Gold going down.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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