XAUUSD Gold Technical Analysis And Trade Idea Fundamentals by Reuters: Gold prices held steady on Tuesday, buoyed by a weaker dollar as investors waited for inflation data for clues on the pace of U.S. interest rate hikes. Fundamentals: Spot gold was mostly unchanged at $1,322 an ounce, as of 0102 GMT. On Monday, it rose 0.5 percent in its biggest one-day...
We were bullish and the trade is running as predicted. The resistance is important. Breakout and more to go. Good Luck
LONG First target 3.84000 SHORT at D - Fibonacci 161.80 of XA -
Our trade made 80 pips so far - in 30 minutes - Let us see how the Dragon will react to support -151.300 - 151.100-
Pulled back from EMA resistance. 1.15800 support will not work. Target is 1.14700 as described on the chart
As described in the chart.
As mentioned in our previous EURGBP idea, we were predicting a bearish movement. Midterm Forecast: First Target : Support 0.87300 - Fib 61.8 of AB - Second Target: -With break and close below 0.87300- 0.86390 Good Luck
Symetrical Triangle and Fibonacci Retracement 61.80%. Key Level to watch : 1.75150 We will wait for the breakout.
As described in the chart
Will be focusing on the direction of the breakout - shortterm-
As described on the chart. Just wanted to keep it simple.
As described on the chart. Keep it simple
As described in the chart Keep it simple
Breaking the 1324 support. Possible to test 1318.