d.vezeris
Long

XAUUSD 4h Tech Analysis (02.Oct.2014) Training

FX:XAUUSD   Gold Spot / U.S. Dollar
273 0 2
XAUUSD             , in 4h Tech Analysis Training Diagram look like this:

The XAUUSD             pair made a local bottom at 1205.51. Then it reacted towards to KUMO. The pair is fighting to get into the KUMO and until now it has breached the two resistance lines.

MACD is bullish and has multiple divergences. RSI is looking up.

There is no special candlestick pattern nor a general pattern either. The 1226 is the 0.764 of fib. Next target 0.618 of fib at 1238.

So in order to have a bullish reaction confirmation the pair has to breach the top of KUMO at 1226. Until now it failed three times before. Wait and see. Long if it stabilizes above 1226 for EMA 200. Short under the resistance line.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out