xau broke his downtrend line => long above 1150 until 1200
GOLD 4h Sell Resistance: 1174.000 117600 Support:1169.600 - 1165.000 This is not investment advice
XAUUSD W Resistance: 1400.00 Support: 1190.00 - 11850.00 This is not investment advice
Head & Shoulder chart pattern on a daily time frame. The right shoulder has not been formed as of yet. I'm Swing Trading. First target 1280 followed by 1300 before i expect a drop and look to go bearish. SL 1239 **Note I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture)....
NO THIS CHART IS NOT JOKE'! PLEASE CHECK MY PAST ANALISES.TARGET 1393-1420-THERE IS POTANTIAL 1520....WHY? I INTEREST GOLD FROM 2012 EVERYDAY I TRADE I KNOW GOLD HAVE BIG POTANTIAL...1-SPDR GOLD FUND HAVE LOT GOLD THEY WILL WANT TO SELL HIGH AND HIGER PRICE. 2-SPX500 SOON FALL DOWN PROPABLY GOLD WILL MOVE BEFORE...IM DIFFERENT TRADERS THAN OTHERS IF WE SPEAK ABOUT...
As long the price is trading more or lesse above the upside trend (since February`16) bullish! round about 1303 should be a bullish support area round about 1284 should be a bullish support area round about 1263 should be a bullish support area if the bears are winning the terrority backs, - even more or less around the 1303, 1284, 1263 price levels (and...
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