FX:XAUUSD   Gold Spot / U.S. Dollar
52 5 1
Bottom of the triangle.
Hourly Ichimoku show bullish signs.
tight stop but I think it should work!
Reply
JohnYoon franciskim
agree, the reason for this tightness is if it does not hold then Gold might fall up to 1245. And I don't want to be in this trade in this case :-)
Reply
franciskim JohnYoon


There is awesome support below :)
Reply
JohnYoon franciskim
Yes indeed :-) However Algos also can see "awesome" support and will try their best to kick it as hard as possible :-)
Reply
franciskim JohnYoon
no doubt it can be broken if some huge power really wanted it broken, but for the last 15 years it hasn't been and therefore I'd bet the chances are very slim. For this reason I'm 2/3 in gold right now and only 1/3 in shares.
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