Hi guys,after yesterday XAUUSD goes from 1586 to 1604 in just 210 minutes or under 4 hours.
From my prediciton it will continue to keep going until 1616+. After entering the channel,sideways is expected due to very strong resistance and support .
Heres what inside the channel
Breakout prices
1. 1607 ( 2011 - 08 - 01 )
2. 1610 ( 2012 - 07 - 01 )
3. 1616 ( 2013 - 03 - 01 )
4. 1632 ( 2011 - 07 - 01 )
::DISCLAIMER::
THIS IS JUST MEANT TO BE INFORMATION
FOLLOW THE ANALYSIS WITH YOUR OWN RISK.
I would be very happy if you can give me any correction or feedback about my analysis.
Thank's for spending your time reading this,hope you have a great day :)
From my prediciton it will continue to keep going until 1616+. After entering the channel,sideways is expected due to very strong resistance and support .
Heres what inside the channel
Breakout prices
1. 1607 ( 2011 - 08 - 01 )
2. 1610 ( 2012 - 07 - 01 )
3. 1616 ( 2013 - 03 - 01 )
4. 1632 ( 2011 - 07 - 01 )
::DISCLAIMER::
THIS IS JUST MEANT TO BE INFORMATION
FOLLOW THE ANALYSIS WITH YOUR OWN RISK.
I would be very happy if you can give me any correction or feedback about my analysis.
Thank's for spending your time reading this,hope you have a great day :)
Trade closed: target reached