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d.vezeris
Oct 13, 2015 10:48 AM

XAUUSD 1D (13.OCT.2015) TECHNICAL ANALYSIS TRAINING Short

Gold/U.S. DollarFXCM

Description

XAUUSD 1D Diagram Technical Analysis shows the following:

The XAUUSD seems to follow an ascending triangle pattern. Today it declines below the resistance line of this triangle. The candlestick until now is engulfing the previous one.

The cloud is a strong resistance for farther decline. On the upside it has to break the triangle.

Short for the cloud @1125 / SL 1165.
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