Gold/USD buying points

FX:XAUUSD   Gold Spot / U.S. Dollar
207 1 0
Looking at the 50% and 61.8% retrecement regions for buying points 1 and 2 respectively. Currently (22/1/14), the buying point 1 is trying to hold. However, if Buying point 1 is not held and the sell-off continues, will be looking for a weekly/monthly bullish candleline at the 61.8% retracement level (similar to that seen at buying point 1) and determine if Buying point 2 is to hold.
6/8/14: Buying Point 1 has held till present. The last 5 monthly bars however do not show a clear direction as it failed to close above Bar-8/2013 highs. There may be a third test coming for Buying Point 1.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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