2lalit

Does Double Top Will Bring Fall More In Next Few Days ?

FX:XAUUSD   Gold Spot / U.S. Dollar
239 0 4
Now we can look at the chart the range of price movement of the Inverted Triangle (brown lines) are between $1310 and $1260. In my opinion at the $1260 level, at least price movement should have something to reverse the direction but seems limited only up to test 1270/80 to make a confirmation. I'll go long if any something to reverse at this level.

If gold             consistently moves below $1280, there is hope that Gold             will continue fall back to 1240/30, because I look that @ $1322 looks like formed a Double Top Reversal with a valley @ $1280 (I labeled it with 1 and 2) and it can bring Gold             to the level of $1240/30 to retest $1240 Low.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out