Good is tying to clear a direction so far trend the main trand is down but we are in raged zone
The price Might Retrace from the current position to the 78. G 6 or 88.6 Level from the down size
GOLD fromt he current move up it seems it did last week retrace and will drop back
the Price Might trend as shown on the chart based on my Knowlege and looking to the price action
Short got and take profit at 1292.1278 1279 by the end of this week Friday 16 March 2017 Sl above 1327
I DO MY TRADING BASED ON THIS SIMPLE CHART I LOOK AT SUPPORT AND RESISTANCE LINES AS WELL THE RSI. IF THE PICE IS TAKING SUPPORT ON THE GREEN LINE AND THE RSI IS OVER SOLD THAT WOULD BE MY ENTRY POINT FOR LONG, IF PRICE IS TAKING RESISTANCE ON THE GEEN LINE AND THE RSI IS OVER BOUGHT THAT WOULD BE MY SHORT ENTRY POINT. MY SL IS ALWAYS 2 USD ABOVE OR BELOW THE...
THE MAIN GREEN LINE OFFER THE SUPPORT AND RESISTANCE AND THE FIB CHANEL LINE ARE THE LEVEL FROM WHERE IT WILL BE TAKING SUPPORT AND RESISTANCE IT GIVE ME CLEAR PICTURE WHERE I HAVE TO GET LONG / SHORT.