julia17
Short

XAUUSD update

FX:XAUUSD   Gold Spot / U.S. Dollar
54 4 10
hold short with target 1184.
it played bounce on bullish gartley from 1243, so will go test 1236 (bat), then 1206 (butt) and finally 1184 ( crab ), from
which a big bounce may happen to 1260-1270 zone.
Comment: 1236 - bat pattern, may be some bounce to 1243 may happen, but no wish to play it, so hold short and wait 1185.
Trade closed manually: take profit on 1211.butt done.
The big bounce might happen even on the butt formation. Angry bulls (banks, etc.) will place long term positions non stop.
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julia17 RogerS
may be, let's see
Reply
RogerS julia17
anyway good analysis ! we need to place the platform to fly somewhere. I'll keep looking the PA. :)
Reply
julia17 RogerS
thank you, RogerS)
good luck!
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