zhipengcfel

Pay attention to the rising channel support

FX:XAUUSD   Gold/U.S. Dollar
7 months ago
Gold             retraced back to the bottom of the rising channel and rebounded a little bit. Pay attention to whether it will break the rising channel or continue going up.

Good luck for everyone!
7 months ago
Trade active: Gold breaks out of the decline channel and confirms a bull flag!
7 months ago
Trade closed manually: I closed longs.
snapshot
7 months ago
Comment: Gold is still bullish. Pay attention to the resistance at 1353 which is a neckline. If it breaks, it will go to the previous high!
snapshot
6 months ago
Comment:
Elliott wave analysis on Gold (2016-08-07)
OrelMely
7 months ago
thanks for share .....you are very good elliot player.....
blessings
+1 Reply
zhipengcfel OrelMely
7 months ago
Thanks very much! There is one problem with elliott wave is that it has many alternative counts, so we need the market to tell us which one is correct.
+1 Reply
RogerS PRO zhipengcfel
7 months ago
But you still expecting to reach the DCL (C) after this last leg up, don't you ? Maybe is all up to FOMC meeting today.
+1 Reply
zhipengcfel RogerS
7 months ago
It could be. I will watch carefully.
Reply
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