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a.b
Aug 5, 2016 12:01 PM

TWO SCENARIOS FOR GOLD 

Gold/U.S. DollarFXCM

Description

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


Almost 900 pips now

Trade closed: target reached


1350 pips
Comments
Rocketman
Any way of knowing in advance of where it should have gone instead of where it could have gone?
jonesrj
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.
sulbas
In ur opinion which level is correction level for gold 1250 or 1200?
a.b
I don't bother about levels. Just wait a retest of structure and then you can search the setup to short again.
pmcllc
so so far it looks like 1000 target level...
a.b
Can't tell at the moment. Wait for the break and pullback
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