TradingView
ScottMescudiForex
May 17, 2017 11:04 AM

XAU/USD : getting help from weak us dollar 

Gold/U.S. DollarFXCM

Description

I see that gold is still in a uptrend as it bounced off the bottom of the channel. It has the potential to reach FIB 618 before retracing back.

Be safe!

Update : I forgot to say that I like very much that MACD crossing!

Trade closed manually

I sold my trade @ 1255.

Trade active

I re-opened a BUY on this pair. MACD crossing is confirmed and RSI is on the rise.

Target 1 is : 1265$
Target 2 is : 1277$
More