XAUUSD is back on bullish trend after a false double top pattern, we have found the bullish trend by RSI ascending trendline, Parabolic Sars as well as MACD. The final concern here is the bearish trendline in the chart. We are waiting for price to break out of the trendline where the 76.4% fibonacci retracement lies !
Entry: 1728.39 Sl:1718.78 Target:1775.49
Comment
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Order cancelled
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Order cancelled: Price dropped respecting the bearish trendline instead!
Thank you for sharing. It still a good analysis, but not the right scenario decently
You can check here the history and the real expectation of GOLD/US:
PeterGrigoriou
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could you update on this trade please
FXCM
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@PeterGrigoriou, Order cancelled: Price dropped respecting the bearish trendline instead!
nrmt2010
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Thanks for nice analysis and explanation. I Wish you good luck.
You can check here the history and the real expectation of GOLD/US: