FX:XAUUSD   Gold Spot / U.S. Dollar
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Traders,

This is not a signal to trade.

Gold hit fibo 382 of last descending trend and b pulled down from there.
The big pic / direction from weekly chart is still valid.
Our first target 1262 hit ,but we were out becoz the new stop loss hit. 1/2 lots size in 90 pips profit.

Next plan is try to reenter again to hunt more pips in 4h chart. One of the target is 1283.

Less is more!
Comment: Down to retest the weekly trendline.
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Comments

Link: My view Gold


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Hi, is there any chance of getting a weekly support?
Reply
@SelDV, possible!
Reply
Hi. What do You think about USD/JPY.? What about a correlation with gold? thx.
Reply
@JFFD, still waiting for more info on UJ.
Reply
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