FUNTRADER-Vera
Long

XAUUSD:Wedge is coming and waiting for a shortterm bounce

FX:XAUUSD   Gold/U.S. Dollar
330 3 12
Traders:

This is consolidation of gold             before big bomb next week.
Plan like this:
1.the begining days of next week, expecting gold             to test the downtrendline by double touching it from 1302 to 1316.
2.drop down from the top of the consolidation box to the bottom
3.bounce from 1302 to fibo 382 1321 or further to fibo 618 1333            

Less is more!
Comment: Double test 1308
Comment:
Gold : setpup long to 2 tp!
Web: http://www.channelabcsignal.com
Wechat: ziyuvera
Tele: https://t.me/FuntraderVera
Facebook: https://www.facebook.com/channelabcsignal
Group: https://www.facebook.com/groups/Channelabcsignal/?ref=bookma
You think we will get 1260 before 1440 ?
Reply
1440?
I dont know yet.
but we trade with trendline and RSI, hopefully those tools can show us in the near future.
Reply
showerreport FUNTRADER-Vera
Actually, depending on FED decision the DXY would tank or sky rocket. FED is on a moral hazard, if they don't hike I think they will loose credibility and a consequence the dollar should go first stop to 91 and then to 85 and finally 80 (having ranges). If they hike they could send the DXY further upside but the reality is that neither the world economy nor the US economy can handle higher rates (because the dynamics of the business cycle are preatty weak). Furthemore the OPEC is reaching Algeria we the aim to sell an agreement which is bluff but it must be sealed and sold in order to don't to look for Febraury lows. What does you DXY graph says about the future? Thanks!
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out