SonicDeejay

XAU/USD Gold Daily Update (18/8/17) *Patience, Will be BULL soon

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
It is true that we have a sell down, but is it really a start of down trend?
If you say yes, you are in the big trouble.

The market is bound to whip around. There will be a pull back even in the UP trend.

I am seeing possible swing up coming soon. Since it is in the bearish price action, it is good ti enter nimbly.

I see 1254 as a nice ultimate support and it will turn up soon.


Trade Safe,

s0nic






Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.

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