mytrade1602

Gold trend between now and 2020

Long
mytrade1602 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Here is what I am seeing. Long from around 1275.
Comment:
My rationale for the long:
1. Going for breakout of the resistance
2. Around 1275, a deviation will be formed for daily
3. Multiple major support lines.
4. For my calculation, break down under the daily ichimokou cloud, the value is 50 from the point of breakdown. 1326-50=1276.
Comment:
Sorry for the mis-use of the color of trend arrows. After breakout, long from around 1292 to around 1314, then short to around 1275, then long from there.
Comment:
Test
Comment:
Updated chart:

BTW, How to post a image in the comment?
Comment:
1308 might be the top, if 1288 broken, 1275 is coming
Comment:
1314 will be touched
Comment:
top 1309 , going to 1275 now
Trade closed manually:
There will be more down.
Trade active:
Let's see if 1275 area is going to be broken.
Trade closed manually
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