moorekapital

XAUUSD: MY GOLDEN MAP

FX:XAUUSD   Gold / U.S. Dollar
445 15 7
TREND:
Generally, gold             is in downtrend


RESISTANCE ZONES
Red Above


SUPPORT ZONE

Sea Blue Below




Comment: GOLD: Great Zone that was, 1180-1170! PRICE ACTION says, indecision around this zone. Interestingly, we seem to be getting a BO of Inside day southward. How I wished we had a fake BO to the North prior ;) Cant attache updated chart, as TV data not loading. Click play above to view current situation.
Comment: Thanks to 1180 -1170 ;)
Comment: Shouldnt the rally begin from here on..??? ;)
Comment:
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Comment: REASONS TO WATCH GOLD
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Gold seems to be in a no man's land right now, at least, in the bigger picture of things. 1120 for me, is the line in the sand. A drop below could take us down into the sea, and below, whilst a break above could see us touching the reds above. However, regarding the impulsive moves up on the daily chart, at least, I am bullish biased.
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Are you selling now that it is up to your resistance level? Or is momentum keeping you on the sidelines?
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'1170-1180' and then later, '1230-1250' are ZONES I expect to hear price speak to me. I still hold my long because price action is still bullish. I will REACT to what price does. I'm still anticipating a rejection, but price is KING.;)
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AMBRISH jangseohee
WAITING WITH HAMMER ?
+2 Reply
jangseohee AMBRISH
Yes Amby
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Trading like a 'SNIPER', setting ambush, is the wisest thing. But I discovered this wisdom quite late ;)
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history repeats i suppose
this one is old history
GC1!, Inverted H&S break out
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moorekapital jangseohee
This thing called 'PRICE' is an amazing thing!
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jangseohee moorekapital
YES sir
it can happen anyway ^_^
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1160, the saviour!
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moorekapital moorekapital
1160, shamed....???? ;)
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moorekapital moorekapital
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AWESOME ANALYSIS !!!!! HUGE FAN OF YOURS..
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Indeed.
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