XAUUSD: can this channel go down to break 1300?

8 במאי 2018

Traders,

Even though we had a weak NFP last Friday, it did not help GOLD to climb too much as we wished.
The doji for yesterday tell us this .
And this new red channel hopefully could send gold to break the strong support 1300, which hold for almost 5 month.
Its time now.

Less is more!

8 במאי 2018

הערה

8 במאי 2018

הערה

9 במאי 2018

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9 במאי 2018

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Better follow the trend of daily chart and ignore all the fluctuation on 1H or 4H chart now.

9 במאי 2018

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9 במאי 2018

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This sideway movement must have lots of trader confused.

9 במאי 2018

הערה

But if you keep foucs on the assumed channel and the blue broken trendline, and wait for one more 4H candlestick, you can get the answer.

10 במאי 2018

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10 במאי 2018

הערה

4h chart is playing a RSI DIV game, which is good to our short trade so far still.

10 במאי 2018

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10 במאי 2018

הערה

Hello guys, I still think GOLD is having trouble to break 1322 round so far.
Lets see how it goes later when CPI comes out.

7 ביוני 2018

עסקה סגורה: היעד הושג