RoboCash

Trade Setup for Thu and Fri

OANDA:XAUUSD   Gold Spot / U.S. Dollar
My favorite day of the week is coming.

Gold has been breaking upwards due to huge retailers shorting the Gold . Now, 3 upside wave are completed and met with a daily resistance. I am expecting a retest from previous breakup before heading up. Or maybe breaking down.
Comment: Potential Double Top, wait reaction on yellow box to long or short. Continue long if it breaks higher.

Comment: Gold Bull is very stubborn... But we may see its weakened...

Comment: Cheers...

Comment: I wouldn't want to long as yet.. I still favour lower for correction.
Comment: Wait for reaction for next week target... 1840 or 1775
Comment:
Good Luck!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works 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 Ideas Published Followers Following Private Messages Chat Sign Out