mytrade1602

Gold future prediction

mytrade1602 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
5
Here is the prediction for the gold. Ignore the time frame.
Trade closed: target reached:
The fall has broken the support. Gold will fall more, target 1210. 1220 has support.
Trade active:
I would say this might happen. Let's see the price action around 1220 and 1230.
Breaking up 1230, 1250 will be in sight. Breaking down 1220, it will head down to 1200 area.
Order cancelled:
Falling out of the channel, no reason to go up to 1250. Most possible is that it will dive to 1208 area then retest 1240 then dive more.
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