DavidFxDTrader

DavidFxDTrader Updated 

What do you think

DavidFxDTrader

the price it at a strong resistance, with a confirmation of the ema.

DavidFxDTrader

GOLD IS ON A STRONG RESISTANCE ZONE, MOST LIKELY PRICE WILL DROP FOR A LONG TERM,,,

DavidFxDTrader

MY REASONING, PRICE WILL RESPECT THE MOVING AVERAGE AND CONTINUE THE INITIAL DOWNTREND,

DavidFxDTrader

riding the short term up-trend correction in the EURUSD

DavidFxDTrader

This morning am buying Gold for long term.

DavidFxDTrader

buy at the support to the nearest ressistance

DavidFxDTrader

My conclusion is the market will retreat from the strong resistance. a short sell positon.

DavidFxDTrader

WHAT DO YOU THINK ??

DavidFxDTrader

Its a rejection from an area or support and price is expected to go higher