FX:XAUUSD   Gold Spot / U.S. Dollar
423 4 0
My forecast for gold             ; in short term to 1705 to make the 4. wave swing high..afterwards the 5. wave towards 1660 level in maybe a few days...so waiting for the 1705 level to open my short position...this 5.wave is the last leg for the downcoming wave from 1795 top...

My wave count is stil in progress..1705 zone is acting as a resistance,so I opened new shorts at 1705,waiting for the TP=1660...SL=1712.....R/R= 450/70=6.42... very good reward/risk ratio...lets see...?
Reply
I closed all the long positions at 1699,the wave could not reach 1705,which was my TP level..
Reply
thanks;by mentioning " towards 1660" , I made a statement to show the importance of the 1650-1670 zone for the 5.wave downwards..ı don't have any idea about the exact location?? 1703.66 level has been seen,and so far my view is in progress.Taking care for closing long positions today...:)
Reply
Agreed with your view, however I do see strong support at 1681 and again at 1677......PS:I do not trade spot Gold but GC Futures Contract...
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