miketiger

GOLD Mediumterm Analysis

miketiger Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD Mediumterm Analysis

Implementation Period: 1/3 weeks

Be carefull, patient and discipline.

This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.

Good luck and profitable trades to All.
Trade active:
Weekly chart:
GOLD was rejected many times by this resistance. More probability to get that again.
Trade active:
1844-1850 can be a good zone to short if we will see a rejection price action confirmation. If not we will go higher 1860 or more.
But for now we expect a rejection on that zone 1844-1850. Let see what market will bring to us!
Trade active:

still running
Trade closed: target reached

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