nantha82

I select LONG for GOLD

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
This is my own Trading Plan. Do not follow my idea but you may learn and advise me about my analyst.
On 25th August, there is Double bottom line ( also a Shoulder ).
3rd September, a head has formed at the peak.
9th September, another Double bottom line ( shoulder pattern formed and completed )

First scenario : Market stucture follows the HEAD & SHOULDER pattern
Second scenario : Market will respect the trendline and the support & resistance.

All these, showing me a huge oppurtunity of Long at least until 1810 at the moment.


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