DaSpalla

GOLD is confusing, the only thing one can do is..

FX:XAUUSD   Gold/U.S. Dollar
124 1 1
4 months ago
I have to say this week MA does not work, HNS does not, Stochastic becomes rather unreliable..
One can do best is to trade 'within corridor' of hawkish trend. Using support and resistance line we can determine when to buy or to sell.. but be careful there is Bullish divergence pattern make sure to put stop loss for those who take sell position once the price hits resistance 1260 - 1263.

4 months ago
Trade active: Buy at current price of 1253 (7:00pm at Jakarta GMT+7)
Target 1260
4 months ago
Trade closed: target reached: Target Reached! $$$$$$$$$
4 months ago
Trade active: We are breaking the triangle, now to confirm a breakout one must wait for a candle to close above it.
DaSpalla
4 months ago
The usual effect where USD movements always reversal against Gold.
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