EricGoldHunter

Update Gold for next week

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I just finished my sell-off at take profit at 1890 follow the ideas below
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Currently the price is in the middle of the lower daily line, if it is normal, I will continue to sell off to the lower line, but last week, the price has been down continuously without any significant correction, according to my regular observation. On Friday, the price goes one way, so we will wait for a correction to pull out the weekly candle, then on Monday, if the price hits the upper level, I will continue to sell off to the daily line. And the last 4 days of August I will buy Gold with big news inflation data, if everything goes as this idea, I will buy Gold first in those 2 price zones and hold overnight, Forecasting the possibility of a price gap
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Regarding the ichimoku school, usually after the end of the H4 down wave, the price will return to the price equilibrium, but last week the price broke down from the green daily line, so it reject the rebound after the end of the down wave H4, ---
In case the price touches the orange daily line today, I also set up a buy order, but this scenario is unlikely :))
because today there is no remarkable news for gold price to fall
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