faylee
Long

Watch $1338-1345 area

FX_IDC:XAUUSD   GOLD / US DOLLAR
1299 8 29
Although falling below $1345 on Fri             . is a negative signal, however $1335 still holds.
At present,$1338-1345 area is critical.
If price back to $1345 above, it's neutral, but possible to move up
If break out $1338, it's more likely to fall.
Now I'm still holding the long positions for Gold             .
From Jul.28 to now, longer term buyers are buying from $1330-1335, I belive they won't easily give up.
1324 buy.. Imo
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Are you going to buy at 1338?
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Gotta watch DXY for this one. Strong $ -> Weak commodity (Gold Drop) ; Weak $ -> Gold up.
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Gold has broken, will continue dropping
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What's your S/L?
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faylee Harleyquin
1327
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my T/P will be 1345 and my S/L will be 1330 :)
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Gold has broken out $1338
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