DevonRamsay8899

XAUUSD Potential Breakout Pattern

FX:XAUUSD   Gold Spot / U.S. Dollar
On the higher time frames, it seems as though Gold is forming a symmetrical triangle. I have Buy Stops and Sell Stops ready for the anticipation of a breakout higher or lower. More than likely, we'll be seeing more upside for this pair
Oct 06
Comment: Overall XAUUSD has the potential to reverse, as I see a possible head & shoulders pattern on the monthly time frame

Comments

nice analysis. you could have made money here not sure..or small losers but this is what i would consider a GOOD loss. nothing wrong with taking a L if you're trading your strategy, that you've back tested and know have expectations on performance :)
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