Technician
Long

Gold Possible Trend Resumption Long

FX:XAUUSD   Gold Spot / U.S. Dollar
709 11 8
Update: First Target hit
Update: closed second half at 1325
Profit(pips)=100+130=230

Short term continuation formation and pin bar , I am long Gold            

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Update: closed second half at 1325
Profit(pips)=100+130=230
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nihal.bhat.7 Technician
yep resistance is there.
Reply
nihal.bhat.7 nihal.bhat.7
currently going thru. very impressive it hasnt even had a correction.
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Technician PRO nihal.bhat.7
yeah unfortunately, missed this move!
Reply
nihal.bhat.7 Technician
next time. gold stuffed full of pips at the moment relative to other pairs..
Reply
pin bar at resistance, i will probably get stopped out at breakeven on the second half, thats why I will close the second half as soon as markets open.

snapshot
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nihal.bhat.7 Technician
USD pairs look reversing. agree with ure comment. GBP and GOLD usually correlated.
Reply
AshleyWeyers Technician
I agree, USD also gained 5% and normally there is inverse correlation.
Reply
nice scalp.
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