Akil_Stokes
Short

XAUUSD: A Return to Previous Structure

FX:XAUUSD   Gold / U.S. Dollar
Typically a rally is what i would expect from this type of falling wedge formation, however because it's in the middle of nowhere the bullish move isn't on my radar. What would be on my radar is a move back up into previous structure support which could potentially act as support now looking for a continuation to the downside.

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Akil despite the other commentators I like my money too much to kiss ass like some of these guys. hang up the slide rule dude cause this isn't workin.
+1 Reply
Hey Tom, I'm sorry but I'm not familiar with the saying "Hang up the slide rule dude" Can you please explain that it as i don't want to give the impression that I'm ignoring you
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TomPower Akil_Stokes
Quit while you are ahead.
+1 Reply
Gotcha! Well since you said so i suppose I'll hang up my trading career and go back to working with troubled students and cleaning toilets. I appreciate the advice Tom.
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baherhosni Akil_Stokes
You must get lots of those around here right?

By the way, I didn't see my comments kiss anything.. lol

May be they were just slightly provocative, but not much!

Anyway, back to trading, from pattern, I see the north move setting up! But never min me!! :)
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Comes with the territory. As I always say, the easiest way to know if you're doing something good is when others bring hate your way. Just think about it. Have you ever known anybody to hate on someone that was doing worse than them?
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Lanmar PRO Akil_Stokes
Good way to look at it.
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Thanks
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Yesterday I asked you in the Live room if there was a potential bear cartley formation and you said no. I asked that because I saw the break of structure @ 1333.17 after consolidation. So I went to another reading for the chart which for my big surprise is the same one you just posted here. It´s satisfying to know that in only 2 weeks following you I´m able to do such a reading. Thank you and see you in the Live room in a while.
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Well done! Reps in the market are everything. Sometime it takes a while but the more time you spend making predictions and just tearing up a chart, the quicker your eyes adjust! great job!!
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