It just hit the trendline, today would be a funny day. The rise caused by US attack Syria, nowadays the recovery of the market is more and more quickly, so i don't think the attck would affect for a long time, unless it upgraded to the ground war. Entry: 1264-1267 SL:1276 TP:1218
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Watch this channel, and the closing of 4H
Trade active
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Shorted from $1269 after NFP came out
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see? really really a funny date!
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broke 1217,my final tg is 1109. hope it is not a dream!
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Update wave count for daily chart. A bounce will take place from the end of Apr to the beginning of May. The significant LOW is estimated to appear in Jul. Fundamentals: The inflaction growth not so fast as the centre back espected before, salary still at low level. invst.ly/3pg7b
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sliver didn't see the new high on Friday.That means,gold has a false break out.
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Likely going to retrace $1259-1261
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In half year chart, it's under MA10:1259
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compared with the latest 10 years' gold movement, afterApr7-Apr12, at least 9 of 10 are in down trend.
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Gold is bouncing in short term, but still in low volume
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Yellent speach clarify the inflation still not as high as enough to threaten the economic growth. still a little bit low than the targeting.
As i said the market would properly overhyped the inflation and gold.
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Retracement seems to be done here, added shorts at $1266.