mytrade1602

Possible gold movement, 1338 is the key

FX:XAUUSD   Gold Spot / U.S. Dollar
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Here is the my idea about the gold movement. 1338 is the key.
Comment: 1338~1344 area is the key.
Comment: Two key area:
1. 1338~1344
I would like to short from here to 1318~1322 area for the first time.

2. 1318~1322
If a long pin formed from 1318~1322, long to 1380. If breaks down, short to 1298~1302.

Long from 1298~1302.
Comment: Watch 1332, it might go up to 1341. 1346(0.382) is reachable, short from here.
Comment: seems that 1341 is the top, once 1328 is broken, ABCD to 1300.
There might be a bounce from 1318 to 1328, then down.
Comment: Retrace to 1328~1332 then come down to 1308.
Comment: Retrace to 1322 and down again.
Trade closed manually
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