Long

After kissing the fibos a new high should be made

Updated

If xau could beat the resist @ 1.291$ a new high ~ 1305-1310 should follow.
But i don`t think that we will break through it without kissing the fibos before....why? because of the overbought rsi....

But Attention! If xau is not able to overcome the 1295$-Level (Pivot resist) a sell off should be exspected

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touched min. fibo

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after kissing the min fibo, a new high was made....we are kissing the Pivot resistance at present, the Level to watch!

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the "level to watch"-hurdle was too high the rsi made a selling signal

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bullish momentum is still in tact

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kissing the max fibo initiated the exspected buying wave ..bombed away all resists in this tf

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breakout time

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reached thought min tp.. rsi is heavy overbought now!!!

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wow..it is overshooting the trend

watch the rsi!!!!!!!

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1345 is THE RESISTS!! zoom out

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1345-1385

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danger below 1304 to kiss the former bo-niveau

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flag?

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YES!!

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we have reached the shorting-area?

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the first step towards consolidation is done.. but i am missing dynamic

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PHAENOMENAL!!!

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pretty nice

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with a nice selling signal in the rsi!

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there are several interesting levels to watch: the shortterm uptrends bottom edge @ 1315
the berakout-level @ 1295 - this is the pivot support. if we will trade below that level, a dip down to 1260 should be exspected

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amazing

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the 1260 are not far away now... since the uptrend-break we are in the short modus

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excuse me..this one:

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after kissing the max fibo, the buyers came back. now we are trading at a Pivot Point - a Make or Break Level: 1300 is THE LEVEL TO WATCH now....trading below this Level is still bearish..trading above that Level is bullish!

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c u in my new theard

The_Cannalyst

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