FX:XAUUSD   Gold Spot / U.S. Dollar
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Quick chart if gold wants to retest its previous high.
Hi pixi, 1375 means we will break the major bearish TL which is currently around 1350. If that is the case we should go to 1400+ or go really quick back under 1345
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pixi trading4fun
Sure, you're right. As you said quick back under 50 is also possible and i like the wicks ;) But we aren't there yet.
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pixi, Does this means Gold will be bearish this month ?
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pixi albertwt
Hi albertwt,
In my point of view, yes, but i'm maybe wrong like any trader ;) Good luck in your trading !
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Hi pixi, how come gold will be bearish this month, while the chart showing a retest of 1375. Do you mean quick retest then bearish?
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pixi mshinawi
That's my point of view. Many confirmations are needed though. First step is a wave up above 33. And as i said, i'm maybe wrong. We'll see.
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