GOLD - XAUUSD BUY 11/10/2017
It is necessary to point out the new resistance level 1291.60 - 1294.20, which contains large volume that has stopped the growth of the price. Now gold is trading a little bit below this mark. Given the sure growth we should give preference to long positions, but only after a breakout of this fresh level. The move should be sharp and supported by increased/large volume. A stop loss should be placed below the breakout volume bar. A potential of the deal is around 150 pips.
The bottom line: long positions after a breakout of the resistance.
Ecn
Historical SPX500 "It's my party and I'll short if I want to"What a journey!!!
I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline.
Could we have a further higher level of historical price? Yes. Can I tell the future? No. Please therefore be careful.
In my opinion however from here and for the rest of this week, this month, next month and even into September we will be coming further back down the price levels.
Here on my chart you can see my Fib work and SHORT position indicator set.
At this moment I have taken a poorly hedged account, cut 250k out of dead weight, added 150k back into the balance through longs and im now anchored up to hang for the short price to come.
Essentially I'm almost there, just need the price to start falling from here and I'm a hero.
Hopefully I'll make it 3/3 spot on analysis posted. I expect a rate of 2070 or below come close this Friday.
#bitchbetterhavemymoney :) #shortyshorts #falldownprediction #mysticmeghasnothingonme