Hi everyone as we expected Apple moved in the direction that we wanted. furthermore there is a correction path ahead that if it gets done, on the highlighted level, after getting confirmations we can go for a long position again! be wise, analyse! Good luck!
After a couple of good weeks for Bears, it seems there can be a way up for GOLD. There is clear channel which we can follow for any further moves from XAUUSD pair. if the price would break the channel from above, AFTER CONFIRMATION we can expect to see 1778, 1808 and finally 1830-32. however if drops down it can dive towards 1717. the picture is clear. be patient...
So... as we expected gold to finish a pullback to the previous broken support, it did exactly that and now we have to wait and look for other signs to find out where is it gonna go. This is a personal view, I think we have to look for a short position, however the market does not care about our opinions and we should keep checking it. for more information take a...
There are two levels which can be very important in order to decide where to go on XAUUSD. If the price could go up and break through 1784-86, after confirmation we can expect to see 1830 again, on the other hand if it goes below 1750-46 it can see 1717 and even 1700...
There is a clear channel which the price has been loyal to it for a long time. after getting CONFIRMATIONS we can enter right now and if the price can't hold itself and go up, after a bounce back from the bottom of the channel we can ride it all the way up!