Loii
Long

2 POSSIBLE SCENARIOS FOR GOLD

FX:XAUUSD   Gold / U.S. Dollar
486 4 13
2 POSSIBLE SCENARIOS FOR GOLD             .

not favoring any of the scenarios. my bottom is $1250 or $1243.
Comment: 1243 will be a key support, a break below will see $1235-1320.
Comment: bottom can be as low as $1230
Comment: DO NOT BUY! this has broke the bottom of the channel. im expecting atleast $1230 by end of friday session
Comment: typo key support is $1243-1230. sorry
Comment:
UPDATED: 2 SCENARIOS FOR GOLD
Comment: THIS CHANNEL IS STILL VALID! i long until 1268-1275
Comment: trading scenario #2
Comment: out of my long
Comment: i will be waiting until 1205 or near to long again. currently got 0.4 lot shorts
Comment: $1205 is 38% retracement from dec bottom to may top.
below 1243 you gave down side target 1235.. right but 1320... its writing mistek or again up side range
Reply
Loii SunilJi
$1230 is my bottom, i will only buy small there, if 1230 breaks we can see much deeper correction
Reply
ok Good but you wrote 1320... so i asking you.. its upper side target or any writing mistek.. ok now its clear... thanks
Reply
Loii SunilJi
sorry typo its $1230
Reply
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