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GOLD PULLBACK!
Gold Spot / U.S. Dollar
Long
GOLD PULLBACK!
By CANDLEHOLDERFOREX
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Updated
Aug 29, 2017
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1
Aug 29, 2017
MY ANYALISIS SAYS GOLD WILL FALL TO THE 1307.00
RANGE AS A PULL BACK (ALSO CONFLUENCE TO THE .618
FIB LEVEL) THEN CONTINUE TO THE MID 1330S.
THIS IS MY MAIN IDEA.
THE BACK UP PLAN IS THAT IT FALLS TO THE NEXT SUPPORT.
I BELIEVE IT WILL WICK OFF THE 50% FIB AND CLOSE ABOVE THE .618% LEVEL.
I HAVE PENDING ORDERS AT BOTH SUPPORTS.
GOOD LUCK!!
Aug 29, 2017
Note
LOOKING GOOD =)
Aug 29, 2017
Trade active
MY FIRST PENDING HIT, AND IS ACTIVE. LOOKING AT VOLUME, GOLD MAY TREAD LOWER BUT AS OF NOW I DONT HAVE A S/L SET.
Aug 31, 2017
Trade active
SECOND PENDING HIT.. ONLY ROCKETS FROM HERE. 100% ACCURATE.
Aug 31, 2017
Trade closed: target reached
I TOOK PROFITS ON BOTH. =)
HAVE A GOOD DAY
Gold
Trend Analysis
CANDLEHOLDERFOREX
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