XAUUSD: gold will not copy the pattern of the begining 0f 2016

By FUNTRADER-Vera
Updated
Traders:

There is voices in the market that gold will copy the same pattern of movement from the end of 2015 to the begining of 2016.

We agree that gold will have a retracement from the bottom, but the question is how far can gold go? and where is the bottom?

This time, at the end of 2016, the week chart is not showing any sign of slow falling.

At least , it wont happen soon after Mr Trump officially served as president of the United States.

As the space of the wedge getting smaller and smaller, we can expect gold will drop faster and faster, meaning the strategy of short trade can benefit more from the process.

Anyway, Christmas is coming, wish you guys all Merry Christmas AND safe trade or better stop trading during the holiday. Because you can get more pips next year!

Less is more!
And Merry Christmas !
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Trade active
short trade entry: 1140
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tp 1124-1126
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bear is not strong enough.
also bull.
Trade closed manually
SHORT TRADE CLOSE AT 1127
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long trade entry 1139
now $10
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GOLD: TWO PLANS FOR GOLD TO GO
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long trade closed at now at 1149.6
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$17 now!
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tp 1171
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tp changed to 1205
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XAUUSD: WAVE OF WAVES STRATRGY
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now, we sure that gold is making no higher but dropping from 1200.
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XAUUSD: Brother of silver
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DXY: CLUES FOR OTHER PAIRS ESP GOLD AND UJ
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XAUUSD: PLAN FOR NEXT FEW WEEKS
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XAUUSD: FOR SCALPER, SELL IT NOW. FOR OTHERS, WAITING FOR BETTER
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XAUUSD: PLANS FOR NEXT WEEK
FUNTRADER-Vera
专注黄金和原油
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Focusing on COMMODITY GOLD N OIL
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