XAU/USD (Gold) August Analysis 2018
This will be my views of XAU/USD Gold (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Comment:
Update on XAU/USD.
The previous trade didn't work.
It is now the downtrend now, as long as the price is still below $1,225.
The previous trade didn't work.
It is now the downtrend now, as long as the price is still below $1,225.
Comment:
Updated View on Gold (13 Aug)
The market seems it is not ready for a good run UP, just yet.
Do not rush into LONG.
S0nic
The market seems it is not ready for a good run UP, just yet.
Do not rush into LONG.
S0nic
Comment:
Updated View on Gold (13 Aug)
The market seem it is not ready for a good run UP.
Do not rush into LONG.
S0nic
The market seem it is not ready for a good run UP.
Do not rush into LONG.
S0nic
Comment:
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I am expecting Gold can make a quick swing back as long 1208 levevl is holding.
It is not for a long term holding, but rather a short term swing trade.
EP Near 1216 or 1212
SL 1202 or 1194
TP1 1242
TP2 1263
DYODD. all the best.