Fxprotrader
Long

Gold Two Possible Long Setups

FX:XAUUSD   Gold Spot / U.S. Dollar
465 10 11
For those who didn't catch my previous long setup in gold             (see the link below) you can follow this possible scenario with two options. Pirce will either retrace to form a five wave corrective structure or will break the descending channel having already completed an abc corrective pattern. Just wait to see which of the two scenarios happens and go long.
Trade active: Stoploss and profit targets:
snapshot

NICE! Thanks for your Idea, you were right with the deep Entry!
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Rayge P_Parker
haha, i long xagusd at 13.7! and cut half position at 14.1, now BE!
+1 Reply
well done mate..
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Congrats! :-)
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You are welcome Parker..!
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how about xag?
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In my analysis silver will go up, but still there is no good setup for this.. We should wait..
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Agree, but dont think that Price Comes down again. 0,618 Fib already hit:
snapshot
+1 Reply
Nice spot parker.. But there is a chance that we see a five wave correction there. Let's see what happens next.
+1 Reply
P_Parker Fxprotrader
Ok I am not into Wave Count.... Lets see :-)
+1 Reply
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