Dmtz4444
Long

Inverse H&S on XAU/USD

FX:XAUUSD   Gold/U.S. Dollar
1038 12 7
Price has been showing a nice pattern on a reversal H&S , and from Jun low to Aug high, Fib retracment price has found a nice right shoulder test on the 50fib, price may still test the the .618fib, and a hold from there could send price to break threw the neckline, @$1425, with a target projection of @$1650, RSI has had 3 pecks of over sold, sending a great signal, along with MACD , with Positive Divergence. And with Government shutdown talks, & weak NFP this Oct2013 , could give a signal for the FED to do more QE             and send Gold             back above 200MVA . let price dictate, where it wants to go. #SMART-MONEY.
Big drop! hit the .618 fib line of support
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belacesta PRO
3 years ago
maybe will be this one

Gold Triglav update...
+1 Reply
QuantitativeExhaustion PRO belacesta
3 years ago
I don't know... holding that 1277 fib level. If the damn breaks, we could see your target.
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Morning Doji star (or maybe Engulfing) at fib support,.. if we can hold this area very bullish @Dmtz4444
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fourkey2001
3 years ago
this is a very serious situation for gold!
+1 Reply
alex.a
3 years ago
>>> This is the leftover from the chat ----> @Dmtz4444 Does it require large amount of money if you played weekly and daily? What was the lot size when you started doing that?
+1 Reply
alex.a
3 years ago
>>> This is the another leftover from the Chat @Dmtz4444 Sorry to interrupt your beautiful lunch time. How many lot size did you use, then - because 1 lot requires 200 margin, right? If you did 100 contracts then the size of lot you started was micro lots? Would you please answer here because I might not be attentive at the chat room. Thanks in advance -
+1 Reply
Dopam
3 years ago
Going for that bottom trend line before we see the big bounce when we near the next Gov. shutdown.
+1 Reply
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