transparent-fx
Short

GOLD MULTI-TIMEFRAME ANALYSIS (over-extended market)

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
hello traders, as promised here is the full analysis for gold , if you have any question or you want to support me please leave a comment below and I will get back to you.

HERE ARE THE FREE EDUCATIONAL IDEAS I PUBLISHED UP TO NOW

PSYCHOLOGICAL LEVELS: simple and effective way to find key levels


HOW TO AVOID FAKE TRENDS ( using multi-timeframe analysis )


THE PROPER WAY TO USE FIBONACCI ( majority are doing it wrong!!! )


AVOID THIS CANDLESTICK FORMATION TRAP!!! ( important!! )


HOW TO BE A SNIPER ( the line chart trick!!! )


TRENDLINES AND COUNTER-TRENDLINES ( how to use them correctly! )




You can take a look to my XAUUSD TRADE :)

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It hit your target 1 and it may be a bit too early to tell, but it seems like it's struggling to break out further for now. I'm looking at a huge long at around 1365, which was the top of the 3 year old triangle formation. Any thoughts? You note it could retrace back to 1340s which marks a previous local top, but that'd put it within the giant triangle, which would imo be highly uncomfortable to long.
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Great video! Going to keep following :)
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Looking at your gold analysis. I like it and I can follow it after I've played your video many times, but I cannot duplicate it. My problem :-( I am using MT4 because I learned on MT4 and making the switch fills me with dread ....
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Your Analysis is Really awesome , I Have Share Same Analysis -

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Very good so far, tested 1400 and went back to 1410 and went down again with a naked weekly candle
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Gold is so unpredictable ahaha crazy bullish momentum...
+1 Reply
@EstebanHmd, so true, but now it has resistance
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