Gold making a corrective structure

FX:XAUUSD   Gold Spot / U.S. Dollar
5662 18 168
Posting on request . Looks like the correction is in the C wave down , this could be an expanding flat or a running flat . I would not be trading this until I see a clear setup.

Tread with care.
Training : add to skype mangal457
Big hat tip to animangal for the running flat call. Well done Sir!
Hi! =) I Sell Gold at 1228. I didnt expect the impact of FOMC yesterday night in whhich the gold market bull up 3000pips++. In your opinion, should I cut loss or hold for a Sell? Sincerely looking forward for your valuable opinion. Thank you. =)
Ok. Thanks Anil
Very good potential in this one, thanks Anil.
Thank You Anil and pls keep us updated
Anil love your charts and info, looks to me hour chart small a,b,c back to 1250 then equal measure on the wave c take us to around 1196.
+1 Reply
Currently it is floating around the 1231-1236 area... do you think it will spike down soon?
Zohaib_Malik larsindrumz
still can see 1250-60
larsindrumz Zohaib_Malik
So it will go to 1190 first and then 1250-60?
~1194 seems like a good first target (0.382 fib retracement). Then 1170 as a second target (fib 0.5). After which I would try to go long for what could be a very impulsive wave 3 on the daily/weekly timeframes.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out