AdamHong

Tip 5: AS Bounds, Unbroken out, Then Shock

Education
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Tip 5: Soar in AS Time, but drop cannot break out the rise starting point in EU Time, and then shock in the AM Time.
Tip 5 needs to meet four conditions as follows:
1. The price soars quickly before UTC 2:00;
2. The price drops quickly or continuously near to the starting point of previous rise ;
3. The drop cannot break out the rise starting point in EU Time until AM Time.
Usually, the price will continue to shock in the AM Time. Until the market break out the AS Time’s high or low, we can know the trend and where will the market go. If the market breaks out the low, it may reverse, otherwise the market will continue the previous trend.

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