ReneK
Long

One move down

FX:XAUUSD   Gold/U.S. Dollar
692 5 12
gold             makes a nice corrective structure on a daily chart , a big move up starts from 2001, since 2011 it makes a correction and when it breaks the correction it will be move on to upside

Good LUCK
Subjugal
5 months ago
Do you think, Gold could go down 1200 to 1180 once more? Dax and Dow Jones seem to be very high and might go down, so Gold could go further up.
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ReneK Subjugal
5 months ago
True, when it breaks the above trentline it go up, but a down move is possible
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Subjugal ReneK
5 months ago
Tahnk you very much.
+1 Reply
TPOTrading
5 months ago
Great reminder of the channel..thank you
+1 Reply
pmcllc PRO
5 months ago
according to that trend line it could go down to 1000s!
+1 Reply
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