Gold - Correction is in progress

FX:XAUUSD   Gold Spot / U.S. Dollar
313 3 3
Not much comment, the move has started finally. The pattern looks pretty much the same as in WTI ( pls             see below)

The main question is will it break above 1180, and will 1200 stop the counter move?

Short term its rather more bullish until holds above 1155, but if 1180 - 1200 stops the move it will turn down again once more.
Gold reached upper side of my tgt range. I closed this long at 1192 today. I do not want to fight with daily trendline and Kijun Sen.
Justiceisfalse Kumowizard
Tip of the hat sir.
Kumowizard Justiceisfalse
Of course the big bull will come once, but for that Price will have to make a Kumo breakout on the daily. I don't think it is gonna happen now, but who knows, it may happen later this year. Even then compared to weekly chart that will be a counter move only, with probably reaching 65-70 USD, but 100 is less likely to see during one year horizont
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out