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anilmangal
Sep 5, 2016 6:53 PM

GOLD still in a corrective structure.  

Gold/U.S. DollarFXCM

Description

Hi Guys I have been getting lots of request to post my views on xau, I haven't been posting because it's still in consolidation. Short term trades could be made in the consolidation but the risk is high so I prefer to wait for the impulse.


Trade with care
Thanks for your support.
Comments
Smiley8080
B/out coming for Gold?
Smiley8080
Ani, Looks like it's going to break?
Priceaction_br
Could you please update it friend? Thank you!
Smiley8080
With a dollar 'collapse on the 26th' I say it's a long, Thanks Ani.
Chartist4312


good, we have the same opinion, I prefer waiting for a break above correction as well:)
SusmitBanerjee
Hi friend.I would like to ask you a question as I am having doubts with the chart.Its definitely a corrective structure going on now and is expected to break thats true.But my question is have you pointed out an impulse structure by labeling it as 1-2-3-4-5 or something else??Please clarify my doubts
hunter68
Thank you for your opinion.
Smiley8080
Thank you for the analysis anyway. Alyways welcome from you.
TheZabisyu
Where is that High Risk?
lemezohaib
trade during correction is always a high risk
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