Jia En Cai

Round bottom xauusd long 20161127

FX:XAUUSD   Gold Spot / U.S. Dollar
362 5
The price of gold oil 1046.23 to 1375.04 this band to form a circular base. Department of neckline position price in 1176.42 marked as m2 . This band since the rise in the 1163 standard is q2
The band now falls from a high of 1336 to a low of 1171. A neckline is marked as m1
  Control interval m2-m1.
Due to coincide with the 61.8 gold cutting, we have reason to believe that the gold price will be 1172. Temporary corrections to do.
More than a single Friday to admission. Stop 1163. Target as shown.
This is possible, will be interesting to see if we break up, or resume the downtrend after rallying a bit.
Good luck.
Jia En Cai IvanLabrie
1163 If I was stopped, I would have a short backhand
+1 Reply
IvanLabrie Jia En Cai
@Jia En Cai , cool.
Jia En Cai IvanLabrie
@IvanLabrie, THANK
IvanLabrie Jia En Cai
@Jia En Cai , already looking good my friend, best of luck.
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