UnknownUnicorn5176330

Gold from 1456 Low

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
18/11/2019 Gold Setting A New Target Higher from 1456 Low -
Price is Rising from Support Level 1456 Low - Target high 1500

How are the other 4 Forecast going 18/11/2019 Seen anything you like yet -
At time`s Price at the Overbought Value Level`s mentioned - Will add an additional run of the pips higher - As Example - An Extra 241% percent 5 minute chart bar higher -
But then you are also kept within the Current Trend or Occurring trend as of making a Final Decisions against A Traded Entry - This will occur sometimes at Inside Bar Swing High Phase occasionally -
It is not something to be overly concerned with because the trend will resume as mentioned or prescribed to you -

This is what we are trying to achieve - Where by we can enter into the Channel Pattern Range at an early start towards the Trending Channels which occur regularly within the monthly charts - So there`s always time to get involved once trends are Monitored then Identified and I can allocate A Secure Entry Level to the Pairs - As to the Occurring Monthly Trend Cycle or Channel Range Wave.

This is by far the better way of getting In to the trends once a trend is identified as Validated.
More in Comments & Recommendations as the Price Occurs at A Safe Level.

Forexcandles : Chart Planners - Chart Analysis & Specialist Planners.
Comment:
Gold Pricing and Target Now at 100% Percent Rating - Target high 1500
Trade active:
20/11/2019 Afternoon - Gold Rate another test above 1477 fails -
So Another Break below at 1464 may see the Rate Trending Lower Or return to down-trend mode -
It might be at resistance level at 38% bar on the h1 chart -
If price again swings high from 1464 then 1500 is set as target.
Trade closed manually:
20/11/2019 Closed Manually at return to 1464 - Gold Index: Got to much volume low to be bothered with the higher price at 1500 -

At 1477 is also the 38% bar on high on the h1 chart so may keep Price from rising further.
Waiting for Better Outcome - Placed within the Watch & See folder pending further development within the Current Trend
Trade active:
Minutes Later - 1500 still on it just turned around. stop-loss 1464
Trade closed: target reached:
Gold Target Reached at 1477 - Rate should now be considered against the Downtrend Range set at 1412 & 1398
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