Multiple Calculation : AB=CD 0.618 PULL BACK PREVIOUS HIGH All implies that 1285 is the level we can short GOLD. Let's wait patiently to see the correction move completed and go!
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Getting Closer
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Now is 1279, let's see what will happen at 1285
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Price has come to this level watch price action
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OK. The 2nd candle in 1h chart close below 1285.70 If this third candle also can not close above 1285.70 I will go for short
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HOLD FIRE
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another 38 mins to go. i can smell the buyer's are getting weaker
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1h chart confirm 1285.70 is strong resistance. sell the pull back
Jack, my next target 1239. Yesterday hit 1256. I going to sell fir any pullback chances
tntsunrise
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GOOD
saint_athur
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Tq mate. I still hold my position. Follow u and chartwatchers. U guys awesome! My target 1255
val_trader
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It seems it bounced back to 38,20%
val_trader
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it's going back to 1285.72
tntsunrise
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NOW IS 1256
esonchew
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The gold will drop until which level?
tntsunrise
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look for daily support. if you learn how identify support and resistance, you dont need ask me. go and learn some basic technical analysis.
JOHN MURPHY'S BOOK is good for you.