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KVE
Jun 5, 2016 7:55 PM

XAU/USD: Levels to watch 

Gold/U.S. DollarFXCM

Description

No new trades, only levels to watch...: 1251-1254 maybe but mostly this: 1261-1264...
Bounce or break...?

Comment

Possible long breakout trade coming up:


Beyond that mainly focusing on the 1261-1264 level now!

Comment

Min. ABC correction might have completed, bullish breakout could be on the way:

Comment

At the level!

Not a clear rejection yet, 4H oversold, 1H also oversold and shows some divergence but the 1H EMA(8) is holding for now...

Waiting still for now...
Comments
Ronnee
Mornin KVE ,,evening to you! Hope your rain stopped, and rivers down!!...like your thoughts here...may hedge bet it.. Like your levels....nice spike Friday..problely a little more to come before short as you suggest...cheers and good luck.ron
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