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art_fxtrader
Jul 23, 2019 6:45 AM

GOLD ( XAU USD ) Ready for going fmore L:ONG Long

GOLD / U.S. DOLLARICE

Description

So here is a pretty simple picture.
1) The global trend: UP
2) Local trend: UP
3) We have 3rd rejection of H4 HUGE trend line
4) H1 200 EMA
5) MY GLOBAL TARGET IS 1500 on GOLD
6) There are few wicks on WEEKLY that need to be filled
7) US DOLLAR I personally see bearish for long time. Rate cuts. So perfect time to continue our upside movement
Comments
Larbifx61
Can not be head and shoulders on 1 h
art_fxtrader
@zeradna, nobody is saying about head and shoulders))
Larbifx61
@art_fxtrader, Should everyone see it until the model is correct?
art_fxtrader
@zeradna, sorry I just probably didn’t understand you. Did you ask could head and shoulders be there or you just said that there are head and shoulders?
BARITH
Price is at a very critical zone, I see a good RR if we get a bullish signal on support, Very good and timely analysis done.
art_fxtrader
@Arith, thanks mate)
BARITH
@art_fxtrader, Patiently waiting for accurate setups is key. Keep it up!
art_fxtrader
@Arith, 100 % agree here
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