XAUUSD ANALYSIS Long

Gold/U.S. DollarFXCM

Description

⋅ Jul 12, 2016 1:21 AM

XAUUSD ANALYSIS

It seems we are midway through wave 3 Minor of wave 3 Intermediate?

I've opened 3 positions going LONG on this, all indications confirm an uptrend, especially EMA 8 and 34 periods

Trade closed: stop reached

⋅ Jul 14, 2016 2:08 AM

Trade closed, stopped out with a fibonacci. Obviously wrong SL placement/entry because I believe there is a wave 3 on the minuette continuing ?

Will now re-analyse and open some new positions