If xau could beat the resist @ 1.291$ a new high ~ 1305-1310 should follow.
But i don`t think that we will break through it without kissing the fibos before....why? because of the overbought rsi....
But Attention! If xau is not able to overcome the 1295$-Level (Pivot resist) a sell off should be exspected
But i don`t think that we will break through it without kissing the fibos before....why? because of the overbought rsi....
But Attention! If xau is not able to overcome the 1295$-Level (Pivot resist) a sell off should be exspected
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touched min. fibo
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after kissing the min fibo, a new high was made....we are kissing the Pivot resistance at present, the Level to watch!
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the "level to watch"-hurdle was too high the rsi made a selling signal
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bullish momentum is still in tact
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kissing the max fibo initiated the exspected buying wave ..bombed away all resists in this tf
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breakout time
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reached thought min tp.. rsi is heavy overbought now!!!
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wow..it is overshooting the trend
watch the rsi!!!!!!!
watch the rsi!!!!!!!
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1345 is THE RESISTS!! zoom out
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1345-1385
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danger below 1304 to kiss the former bo-niveau
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flag?
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YES!!
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we have reached the shorting-area?
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the first step towards consolidation is done.. but i am missing dynamic
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PHAENOMENAL!!!
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pretty nice
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with a nice selling signal in the rsi!
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there are several interesting levels to watch: the shortterm uptrends bottom edge @ 1315
the berakout-level @ 1295 - this is the pivot support. if we will trade below that level, a dip down to 1260 should be exspected
the berakout-level @ 1295 - this is the pivot support. if we will trade below that level, a dip down to 1260 should be exspected
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amazing
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the 1260 are not far away now... since the uptrend-break we are in the short modus
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excuse me..this one:
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after kissing the max fibo, the buyers came back. now we are trading at a Pivot Point - a Make or Break Level: 1300 is THE LEVEL TO WATCH now....trading below this Level is still bearish..trading above that Level is bullish!
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c u in my new theard