chartwatchers
Short

GOLD's daily cycle low- levels of pullback

FX:XAUUSD   Gold Spot / U.S. Dollar
160 1 10
Friday GOLD             was on day 20 - it's a possible daily cyce top so it can start moving down into the daily cycle low.
The possible levels:
Level 1 : 2015 May Intermediate Cycle High (1232) Friday correction was able to come back to this level
Level 2 : Bear market trend line test back (1200-1210)
Level 3 : 2015 October Intermediate Cycle High (1191) + 10 EMA I think this correction should come back at least to this level.
Level 4 : 20 EMA (Friday it was 1156,4)
Level 5 : Fibonacci 50% (1154,5)
Tonight we break through the 1st level at 1232.
Now we are testing the bear market trend line at 1209
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out