robus
Long

XAUUSD: Cup and Handle Break Out. Target 1375-1390

FX:XAUUSD   Gold Spot / U.S. Dollar
Underlying effect of BREXIT and No IR Hike by fed. will multiply the bounces.
TG1: 1333
TG2: 1353
TG3: 1385
Comment: TARGET 1 & TARGET 2 Achieved
Comment: Have Made Strong Bull Flag on Daily
Comment: Target Almost achieved
Comment: As I suspected 1375-1385 would be hard to breach. So apparently 1375 is the top and now journey to downside for refueling.
Do you think that it will go to the target by Tuesday?
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robus drill
Well apparently, I made this on the day of brexit and I was too lazy to draw before that standing impulse which was obvious as the handle around 0.5 fib. but at that time I didn't thought about the time frame. We had very good expanded consolidation in region of 1307-1340. We survived few shocks including NFP and raise of margins with corrections to 1335. I believe the range got extended towards 1404-1420 and this would take whole week. Amid rising fear we must at least reach 1385-90 by Tuesday.

One shall keep in mind the clone levels for range.
1210+97 = 1307
1307+97 = 1404
So the top could be in between 1391-1404.

Good luck and happy trading.
Reply
drill robus
Oh really? That is good news. Thnx for your time and effort.
Reply
this is possible
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