FUNTRADER-Vera
Long

XAUUSD: Need another good entry to long gold!

FX:XAUUSD   Gold Spot / U.S. Dollar
259 6 16
Traders:

According to this chart, Gold             has a double head now.
Retracement can make it drop down to 1282-1290.
Then we will see it get high up to 1323, this is the best price I can predict for gold             for now.

So two trades here:
Short: 1305-1290 or 1305-1282
Long 1282-1323 or 1290-1323

Less is more !
Comment: short trade 1st tp achieved.
1290
Comment: gold drop again, with DXY stop dropping.
Now waiting for 1282 as next support.
Comment: GOLD hit redline and drop down again after the US president's selection.
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I don't know about DXY has stopped dropping yet.
Please don't think I'm harassing you. If I didn't think you were good, I would not even have bothered to comment your ideas
snapshot
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thank you.

Just to make sure you know that I also trace retracement.
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its just a retracement for dxy, not really stop dropping and rising for now.
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+1 Reply
bracken FUNTRADER-Vera
I know and I liked the idea and even commented it at the time. Then became one of your followers (because of it)
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Exactly thanks
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