Pashabxl

XAUUSD: The fall will continue

FX:XAUUSD   Gold Spot / U.S. Dollar
For those of you who are following my analysis on a regular basis, you should not be surprised by the situation of GOLD             .
I've already written in previous analysis the level of LEvel and the headline goal. Although 1040-1060 is the tricky level of GOLD             bellow which the precious metal may fall well bellow 980. But we are not htere yet.
Having said that, the articulation and the choreoghraphy of macro economic news are almost as I 've forseen. Although at present I do not believe that FEd would increase its interest rate by June, en of 3Q15 may be the earliest moment.
For those of you who would like to enter long XAUUSD             , I think that it isn't yet the right time.
To enter Long means that you buy XAUUSD and expecting that the price will rise. If you enter short the market, you do buy with the expectation that the price will decrease.
Reply
RomelJohan Pashabxl
Thanks for that. Sorry for asking, im pretty new at this.
Reply
Pashabxl PRO RomelJohan
No problem there is no idiot question at any given time, and even those who are trading for the last 20 years are pretty new because everytime there is a new situation. Being humble is the greatest tool in the market
Reply
What do you mean by "For those of you who would like to enter long XAUUSD, I think that it isn't yet the right time." as in to buy or to sell ?
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out