GOLD: Don't miss the breakout again!

FX:XAUUSD   Gold Spot / U.S. Dollar
2883 16 78
Gold             is getting ready for another flight, this pair has proven a bad track record for me but nevertheless I am forecasting it to break down, the great thing about breakouts is even if it goes to either side you can still catch it if you are watching it closely so keep an eye on this!
Comment: It looks like it may break any moment now
Comment: price has broken below as anticipated.
Comment: The ideas expressed here are not trade calls and are only intended for informative use only, to subscribe for our services visit http://www.thepiphunter.com
Comment: that's it?
Comment: Buy breakout!
Comment: possible impulse coming up!
I thought a handle of cup and handle would form instead of that rising wedge. Still bullish gold but then again, I'm a gold bug perma bull :)
Fibo 38.2%: 1200
Nice call bud! I would expect a pullback to 1190
same here, there is a strong fibo resistance there
Sir what you think about this retracement after break out ? only a bull back or do you think that is a correction ? I'm entered a 1235,5 where I have to put the SL in your mind ? thanks a lot for your attention
good job. where do u see the bottom or support? i got 1224. what do you think?
As long as I don't see any sign on dollarindex for trendreversal, I'm also going to assume that this is a deep correction.But good job
Looking good so far
+1 Reply
piphunters AlexxChan
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