motleifaul
Short

Upper boarder

FX:XAUUSD   Gold / U.S. Dollar
106 6 2
I plyed this game just recently and wonder if I could be successfull again. It is an upward channel, isn't it? But the market is not convinced yet whether the 2 year old downtrend is finished. And so am I. That's why I assume that we will see a little downward correction at least.
This one hurts! I've been stopped out already. I entered the trade to early. I should have been waiting until the blue line at 1230 would have been reached.
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jangseohee motleifaul
the blue line price is ...?
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It's a quite good discussion here. Thank you!
+1 Reply
There is also a crab pattern completing at 1234.37
snapshot
+1 Reply
jangseohee HamedAghajani
1234-1240.. S/R zone
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i found first resistance to be 1240.83 when i look to the left which is very close to your 1238.11

Immediate Resistance ~1240
+1 Reply
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