DatTong
Short

GOLD, View nexk week: Drop…Out!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD, View nexk week: Drop…Out!
W1:
- Tendency: Strong downward
- Broken support and re-testing
- Bearish candle
- Below resistance
- Trendbar: Down !
--> Sell
D1:
- Tendency: Downward
- Broken triangle pattern
- Re-test bounding !
- Below resistance
--> Down
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Thanks

its posible to going to reach below $1000?
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I suppose that Gold is in its 5th downward wave and position is short, if price could go down from 1174 maybe touch 1120.
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Your analysis of the gold market is excellent! Thanks for posting.
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DatTong Suresh75
@Suresh75, thanks bro for supporting
Reply
open Sell at 1195.647 right?
Reply
DatTong joniatian
@joniatian, better to wait for reversal candle, even in smaller timeframe
+1 Reply
joniatian DatTong
@DatTong, yes
thank you
Reply
Yes, I agree.

thanks for posting.
+1 Reply
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