a.b

TWO SCENARIOS FOR GOLD

FX:XAUUSD   Gold / U.S. Dollar
If it breaks the upper trendline wait for the correction and buy
If it breaks the lower trendline wait for the correction and sell
Comment: 500 pips in
Comment:
snapshot

Almost 900 pips now
Trade closed: target reached:
snapshot

1350 pips
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so so far it looks like 1000 target level...
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a.b PRO pmcllc
Can't tell at the moment. Wait for the break and pullback
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In ur opinion which level is correction level for gold 1250 or 1200?
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a.b PRO sulbas
I don't bother about levels. Just wait a retest of structure and then you can search the setup to short again.
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I was looking at a chart of gold the other day and was thinking along these same lines. I remember saying $950 gold was well within reach of the current trajectory. I am glad you found my posts and gave a few likes. I think we have some very similar methods. Regards, Rory.
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