XAUUSD 4H (03.07.2014) American Session Tech Analysis Training

Gold/U.S. DollarFXCM

Description

⋅ Jul 3, 2014 1:24 PM

As you can see today's decline stops on the top of KUMO (green line) @1314.64 and now the Gold is reacting.

MACD & RSI are bearish. The critical level is the SPAN A (green line) on the top of KUMO and Kijun Sen (blue line above the KUMO).

If the pair break the SPAN A and gets into KUMO the position is short for 1296.
If the pair breach the Kijun Sen @1320 the position is long for 1331 again.

The USDollar today is very bullish.

XAUUSD

Comments

gasharet

⋅ Jul 3, 2014 8:34 PM

USdtry please

maximus71

⋅ Jul 3, 2014 1:39 PM

Thanks for your analyse, how do you put the two different chart on the same picture...? Thanks for help

d.vezeris

⋅ Jul 3, 2014 1:43 PM

If you sign in and go to charts, on the toolbar above the chart there is an icon with a libra (scale). There you can insert a new symbol to compare.

maximus71

⋅ Jul 3, 2014 1:49 PM

Thanks a lot

maximus71

⋅ Jul 3, 2014 2:03 PM

Very usefull to complete decision...thanks