XAUUSD : Long and Short Possiblities

FX:XAUUSD   Gold Spot / U.S. Dollar
Addendum to previous chart.
1281- 1285 provides huge supply.
Break of rising wedge can lead gold             towards around 0.5 fib 1235 retrace.
Dovish News can provide more strength to pull gold             towards 1300 region.

We can see huge commercial short covering if retrace do not happen and this might fuel bull run even more.
IR hike can trigger fall towards 1150. If not then bounce towards channel top.
We may see huge manipulation Pre and Post FOMC.

Trade Carefully.
Good Luck
Wish you all Million Dollar
Comment: We are in 1280 - 1285 region. As I predicted we are facing uphill and resistance at this level. Clear bull flag at lower TF 1hr . may short up to 1290 - 1292 maximum.Enjoy profits.
Comment: Tops 1290 and retraces to 1280s before FOMC.
IR decision will be the path decider for gold.
good job on this~ Good luck
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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