FX:XAUUSD   Gold / U.S. Dollar
294 3 5
The brexit reversal will occur this and next month. Fed rate hike is on the table
Comment: There might be re-bounce from 1265 area.
Trade active: Continue to short at 1270
Trade active: 2H chart is a ABCD pattern, target 1226
Comment: Take the profit at 1228
Trade active: 1276 is the key, might test here. Watch the price action around 1272, 1276
Trade active: Look closely at the chart, seems that 1265 will be the position to short, it will go to 1244.
Comment: Consider the two big wicks around 1251, better range trading between 1252-1265. Not sure if London or US will bring down the gold today.
Comment: If price closes above 1260(above the middle line) in 4H, it might test 1270~1272
Comment: Continue to short around 1260, when U.S. Opens, gold will go down to test previous low 1242.
Trade closed: target reached
What is the target? LLow 1200s?
mytrade1602 PRO ja.piotr.bor
same opinion. gold maybe face rebound now.because 1H chart showed double bottom.But i saw 1268 was intraday resistance .we could sell it there.target 1250 1210.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out