TheZabisyu

GOLD / 500oz swing / #6. FED hype, triangles and others.

Long
TheZabisyu Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hi.

Today my Entry at 1333 got filled, you can see it in related idea.
Looking for Gold to recover, since I have signals for EUR USD pointing up mid term, and DXY is at 95 Resistance that ain't weak, and can send DXY to 92's.
People still looking for some triangles, for one they are broken, others find new ones - Chaos.
Big sharks ain't drawing triangles or patterns on charts.
Breaking down some triangle line / trend line or whatever it is called, doesn't mean the Gold will be falling.
How it broke these " Holly Grail " lines downside so it can do the same upside, will it mean that Gold is Long?

As well people believing in some FED Rate Hike bubble etc, of corse there will be hype, to play around with retailers.
Look up SSI as well.

I am bullish on Gold and will be till targets are met.

TPP.
Comment:
People don't understand what I mean with - Big sharks ain't drawing triangles or patterns on charts..
lol.
What I meant was the ones that move market, I am not calling myself a Big Shark.
Hilarious thinking.
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