Tendorian

Gold Forecast February 2017

Tendorian Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
4
Bullish trend is intact, keep looking for price to break resistances.

This is my forecast for the month ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Comment:
Thursday Feb 2

Price should keep going up to test 1220 resistance.

Comment:
Friday Feb 3

Rejection at resistance, bulls beware, we may see a turn here. Another rejection confirms it.


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