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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snapshot
exactly what i think about gold.
+2 Reply
Akil_Stokes PRO PooyaSalehipour
Nice! Thanks for the share!
+1 Reply
I see us breaking he trend line to the upside soon.. and continuing north.. If this happens, you can ask me later how I am at this analysis.. GL..
+1 Reply
Awesome! Hopefully the markets will follow through in your desired direction. With that being said if it doesn't happen should I still ask you how you are at this analysis?
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baherhosni Akil_Stokes
Sure!.. just not before it happens ;)
+1 Reply
Perfect!
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baherhosni Akil_Stokes
Well.. if it breaks below 1318, then my view is invalidated.. so you can ask me then too.. lol
I like your work very much by the way.. great stuff...
Trade well.. :)
+1 Reply
Thank you! Best of luck if you end up getting involved
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baherhosni Akil_Stokes
OK.. invalidated!!! :(

looking for a new opportunity.. :)
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baherhosni Akil_Stokes
Seems like local wave b or 2 now ending at 1323.25 :)
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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.
+1 Reply
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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Makolico Akil_Stokes
Thank you AKil.
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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.
+1 Reply
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!! :)
+1 Reply
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?
+1 Reply
Lanmar PRO Akil_Stokes
Good way to look at it.
+1 Reply
Thanks
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