Silver looking primed and readyA nice retracement back to the diagonal resistance turned support would be technically beautiful play, you dont get much nicer than that. This is going to be one of my heavier long term plays.
Xauuasd
GOLD ()Well i can certainly feel my insides turning because of how this trade makes me feel...very unsecure. Investing.com is saying Gold is rallying, so would a day trader like me make more sense when people are fed otherwise? I guess it would be better to wait until price breaks any of those structures indicated on my chart. I have a strong feeling gold prices will bounce off the monthly descending trendline and go into a large sell-off. Of course the other option is price moving upwards, but we will just have to wait and see.
xauusd outlook for week of 9-12-2016H4-> T/K cross, bearish move -price went down, now it will be pullback to the top of the Cloud and then we go down again to 1270...www.sanvelforex.com
