Renkotrade

XAUUSD UPDATE SHORT since Trendline and Support Broken

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello to all watching my charts.

Here we are able to watch a trendchange as is showed
in other currecncy the last week.

Here is how it works in reality:

1. Brake of a trendine ( Long trend here ends at brake

27.10. BLACK LIne

2. Brake of 1 or 2 supports (in addition to a trendline brake
that a sign of TRENDCHANFGE.)

here it is a change from LONG to SHORT

at brake of 1502 as support line.

Than as in other currencies also
"The stone starts to roll"

as we here call it.

Look at the quick fall

Marked with a red Callout.

No we are below these supports and next hold is

1490

after that

1488

as you will see with the blue trendline.

I do hope my picture tells all

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out