11/11/2019 A GoldUsd Rate Market Update - From Low at 1460 There appears A Possible Swing High Phase taking Place - the 15 minute chart and h1 chart are severally at an Overbought State at this time - As reported within Chat on Friday Morning.
So Expected Target & Resistance Level High is set at 1496 I believe that this is merely an inside bar swing high and that the current trend will resume. But this is where wait and see will come into play. Gold a little choose at the moment to be setting Longer Term Golds.
So Expected Target & Resistance Level High is set at 1496 I believe that this is merely an inside bar swing high and that the current trend will resume. But this is where wait and see will come into play. Gold a little choose at the moment to be setting Longer Term Golds.
Comment:
Gold Rate at this time should be used and considered as only opinionated finding until Price as settled to one side or the other at a full low or full high - where by the Rate can be traded -
Comment:
Late Afternoon : Gold Rate - If you are going to trade this Rate then - Gold will still go higher - Sometimes i forget Price will add an additional 5 minute bar lower first.
Until a completed cycle low is formed at the Low -
Stick to the target 1496 - A new target high is set 1492 -
New Support level currently revised at 1448
Cash into Dollars.
Until a completed cycle low is formed at the Low -
Stick to the target 1496 - A new target high is set 1492 -
New Support level currently revised at 1448
Cash into Dollars.
Trade active:
12/11/2019 Gold Rate - Stopped Out at swing high 1452 Lows
Gold Rate - Spot Price 1452 - As of further revision against the Trend - the H1 bar chart still remain`s incomplete at 1431 so I consider on the continuation Lower Low trend is still in play and that Price will move Down Lower into this & support level at 1431
Gold Rate - Spot Price 1452 - As of further revision against the Trend - the H1 bar chart still remain`s incomplete at 1431 so I consider on the continuation Lower Low trend is still in play and that Price will move Down Lower into this & support level at 1431
Trade active:
Gold 1452 now acts as resistance level steight down to 1431 at lower support level
Trade active:
If Gold Price turns high then 1492 will still count - to risk to get in at the moment.
Trade active:
12/11/2019 Late Afternoon - Gold Rate A Possible Swing high In Progress Support Level established at 1445 - Target High 1496
People won`t Believe You ? Once Profit is added to your Accounts.
People won`t Believe You ? Once Profit is added to your Accounts.
Trade closed: target reached:
22/11/2019 Gold Rate Closed Uut Manually at A Return to 1464 Lows.