motleifaul
Short

Gold behaves very erratic the last days.

FX:XAUUSD   Gold/U.S. Dollar
458 4 0
I think that it resumed its downmove after the break under the resistance channel again.
I am taking the profit now as gold has reached its target zone(fair ellipse). It was good notto work with a stop in this case, As I said, gold has been behaving very erratically in the past days. And my experience has shown that the price made its way after one ore more retests of the opposite direction only. Same was with the dollar. But finally I have been right and could turn my view into money.
Reply
if stock continues to go up... gold got to settle for 1220, channel bottom which coincide with IHS neck line support i believe
GC1!, support at 200ema & IHS
+1 Reply
motleifaul jangseohee
I prefer a target of abt 1240 which has ben the hight in December.
+1 Reply
jangseohee motleifaul
ok
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out