XauUsd Rate From 1485 Resistance Level
17/12/2019 Late-Afternoon XauUsd Rate From 1485 Resistance Level High
From 1485 Price is considered at Continuation Lower Low Phase.
At 1480 or 1483 Gold is at An Inside Bar Swing High at 70% retrace on the h1 bar and is considered as An Overbought Value State.
My immediate reaction would be to advise as a possible move Down Trend at this time.
Near Term Targets Low will include 1439 - 1413 & 1404 as possible Targets Lower and better terms at Lows.
From 1485 Price is considered at Continuation Lower Low Phase.
At 1480 or 1483 Gold is at An Inside Bar Swing High at 70% retrace on the h1 bar and is considered as An Overbought Value State.
My immediate reaction would be to advise as a possible move Down Trend at this time.
Near Term Targets Low will include 1439 - 1413 & 1404 as possible Targets Lower and better terms at Lows.
Note
This is last trade here at Tradingview - This is last Live Trading Call at Trading View - I am Closing my Account with this social media site.Trade closed manually
18/12/2019 Early - Afternoon Gold Rate Trade Close at 1475 -Trade active
20/12/2019 Gold Rate - Down Mode - At 1480 or 1483 Gold is at An Inside Bar Swing High at 70% retrace on the h1 bar and is considered as An Overbought Value State.My immediate reaction would be to advise as a possible move Down Trend at this time.
Near Term Targets Low will include 1439 - 1413 & 1404 as possible Targets Lower and better terms at Lows.
Trade closed: stop reached
24/12/2019 At 1494 Gold Rate - the Stop-loss was considered as Broken.So Trade is cancelled out -
And Now Heading towards the Higher-Side - New Set Target at 1509
Before before possible consolidation phase.
Trade active
24/12/2019 Gold Rate - Profit Target - Updated to 1519 -1509 in error.
Order cancelled
Original Gold Entry Now Cancelled towards 1.1519 Target High.Current Spot Price 1.1513 May act as A Resistance Level against Any Further Rising in Price for a while. Gold Rate Trading Now Cancelled.
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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.