GOLD XAU/USD Week 38 Trading Idea (16/09/2019) Watch 1485
Updated
Watch 1485 important support region
Whilst 1508 and 152x remain as resistant region
I DO NOT opt out price to retest back the resistant region again to complete the near perfect H&S formation prior melting down below 148x
Plus we are having Saudi OIL tension now, i do expect some pull back on tomorrows Monday opening.
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
Whilst 1508 and 152x remain as resistant region
I DO NOT opt out price to retest back the resistant region again to complete the near perfect H&S formation prior melting down below 148x
Plus we are having Saudi OIL tension now, i do expect some pull back on tomorrows Monday opening.
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
Comment
Monday opening Price indeed swing up to 1511 high to wipe out all Friday late sellersNow price trapped below daily ema for 4days
Will be interesting to watch how price react on later FOMC meeting
Comment
Price had reached back 152x res area
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.