FUNTRADER-Vera
Long

Gold: details about how to trade next week!

FX:XAUUSD   Gold / U.S. Dollar
561 4 23
Traders:

When hitting close to the area of big wave 3 fibo ext2.0, gold             bounced up immediately.

Hopefully, you did not short it here, as chart shows strong RSI 4H DIV             appeared, which means seller taking their profit and buyer in.

We already long gold             at 1244 and using the small wave( green arrow) and big wave 5 ( red arrow) fibo 382 to 618 to see if gold             can make it there.

In the medium term, gold             is STILL expected to drop down deeper to 1200.

Less is more!

Comment:
snapshot
Trade active: LONG TRADE IN
ENTRY 1253
Comment:
GOLD: TIME FOR A RETRACEMENT  WITH RSI(4H) DIV
Comment: same, one more chance to test 1253
Comment: the miniute of US retail sales data did not push SILVER AND GOLD to go down any deeper but make a great entry for both.
Silver:17.3 fibo 618
Gold:1346, the close price of last lowest bar(1h)
Comment: entry:1246
now 26 dollars.
Comment: Now, I realize this takes a month to finish/
Comment: This means we need to take more time on the time calculation.
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perfecttt chartttt oh my god
Reply
Thank you !
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Great job so far!!!
Reply
100% agreed!
+2 Reply
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