saif12
Long

XAUUSD (long)

FX:XAUUSD   Gold/U.S. Dollar
43 0 2
6 months ago
Looking into the long term, and specifically when the %K and D% crossed in their way below -80, The %R reverse under -80, I think the gold             will go down to 1095 by the end of July, or early Aug. More precise timing of the exit can be established by D or 60 curves later on.
In conclusion, if you are in the gold             business, it is time to short for the coming 3 months. Please be advised that this explanation is only to share thoughts, and whatever decision you make, it is up to you.
6 months ago
Comment: I guess those who shorted are having fun. I will keep my shorting positions until the end of June.
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