XAUUSD:still inside a descending channel before a big move

Apr 22, 2017

Traders:

Gold has already test the neckline for us so far.

And made a clear channel right there and ready to drop down to 1165-1160 support area.

We have entered at 1191 last week and hold it till now.

Ready to enter another short trade again at 1186 till 1170 first.


Less is more!

Apr 22, 2017

Note

1291 not 1191
sorry. typing mistake.

Apr 23, 2017

Trade closed: target reached

tp1 hit 1265 hit .

Apr 23, 2017

Note

hold it to see if 1260 can be hit.

Apr 24, 2017

Note

Apr 24, 2017

Trade active

short again.

Apr 24, 2017

Note

short again.

Apr 25, 2017

Note

the second short trade till 1240

Apr 25, 2017

Note

and the first short trade entered at 1291 , still holding it .
the second short trade entered at 1275, still holding it too .

Apr 26, 2017

Note

$30 for the first trade now,
$15 for the second trade now.

Apr 26, 2017

Note

$30 for the 1st trade now ,
$15 for the 2nd trade now.

Apr 26, 2017

Note

Apr 26, 2017

Note

Apr 26, 2017

Note

1243-1250 support zone.

Apr 27, 2017

Trade closed: target reached

1259

Apr 27, 2017

Note

Apr 27, 2017

Note

Gold is now pulling back to b .

Once B is confirmed, short trade enter again.