2lalit

Aug 14, 2016 2:45 PM

THIS WEEK (2016.08.15) IS THE END TIME OF DUE DELIGENCE Long

Gold/U.S. DollarFXCM

Description

⋅ Aug 14, 2016 2:45 PM

IN THE RANGE OF 42D, PRICE HAS MOVED CONSOLIDATION BETWEEN $1375 - $1308. IF PRICE CAN MOVE ABOVE $1375, THEN BULLS STILL HAVE 63D TO CLIMB UP UNTIL 2016.09.26 (MIN) AND 2016.10.17 (MAX).

In my view earlier, on 2016.07.25 is the possibility start time to buy, so if the price goes below $1308/$1287 would make this scenario may not be valid.
If this happens, then 63D will be owned by Bears.

In my view, its tend to resume the up trend.

--- From Desk Of Newbie ---
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