roosweltcr

False Break out

Short
roosweltcr Updated   
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
As it seems with multiple time frame False break seems in Gold . Should be return to the side way as it always does few weeks back due to no thrust even the USD was weaker. Even weaker state it flows USD high thrust with panel trend. This might be a small hiccup, might be turn in 1950 near and how ever return it back what it suppose to do.
Also it doesn't create the resistance levels @ 30 min and rest times frame still
Also USD news is waiting to give more pump on DXY today
Comment:
My Prediction over 1950 is now active. it will test further above for weekly resistance. The top is 1975 and awaits resistance. This is inevitable as DXY dumped today.
Comment:
Swing High Appear @ 5 min chart. but week, if DXY dumped, might go slightly up. as it nearby June 16th - 1968 Swing high point and it this is this will be double top 2nd hit
Comment:
Short Begging @ 1955 here we go
Comment:
RSI Oversold @ 4 Hours and 30 min
Comment:
So the Bulls turn into Bears right, But unpredictable as buyers( like 85% ) still push upward.
Comment:
Recent 10 to 11 UP and down till FIBO shows fall back to 1935 as it seems but the next two days' data is unpredictable. Who knows what will happen next nah. Life is uncertain and so is the world. Let's face it.. Positively
Trade closed: target reached:
Small but target met
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