Gold Spot / U.S. DollarUpdated ABCD Pattern
another view of xau market for next weeks
well i can't accept that gold may not touch my trendline (white lower one)
i strongly believe that any further movement is highly depends on the action of price on that trend line well next week we have Jerome's news , in Wednesday , and every one is likely to see 5.5 interest rate and this will pump dollar index and as a result gold will fall and this area is my favorite place to enter a high quality swing buy trade
what do you think ?
well i can't accept that gold may not touch my trendline (white lower one)
i strongly believe that any further movement is highly depends on the action of price on that trend line well next week we have Jerome's news , in Wednesday , and every one is likely to see 5.5 interest rate and this will pump dollar index and as a result gold will fall and this area is my favorite place to enter a high quality swing buy trade
what do you think ?
Note
Note
Note
Trade active
short position just activated1st tp 1944 area
Trade active
this is another masterpiece i love itshort position for 3 weeks
Trade active
Trade active
Note
i'm lovin' itwe are in a very good profit since this trade started
that's what i call masterpiece
Trade active
Note
this was exactly what i meant
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.