faylee
Long

Gold is still very bullish, C&H pattern

FX:XAUUSD   Gold / U.S. Dollar
219 5 17
For longer term, buy after breaking out 1283 again!
At least 2 more red candle is coming, maybe 4-5...
RSI divergencies, MACD is crossing over...
Will your long survive a 140$ drop in 4-5 weeks?
Reply
faylee chartwatchers
Thank you for your reply! Actually I have some long positions at 1245. But half of them was closed at 1259.5 on Fri. I think the profits was enough to cover the rest long positions' loss. The stop loss is 1243. It's no harm to my account profits:)
Reply
Good chart! so thought of sharing something which I think supports this... noticed a clear divergence on 4H DXY chart and next 3-4 candles could turn the direction!
Reply
faylee mater
That's fine! Thank you for your sharing:)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out