GOLD - TIME FOR A RETRACEMENT OR SURGE TO 2900
Gold have been extremely bullish. In a steep ascending channel and finally broke out of channel. Usually a crash awaits such structure but Gold has defied all odds to meet Targets/ Price Objectives for Cup & Handle as well as Adam & EVE on the Weekly TF (2877 - 2880).
Now considering a new high of 2895 - 2900 Price Objective for ascending channel.
On the other hand I dont rule out a dump to 2842.
Will watch PA closely as to what it offers for the remainder of the week and trade accordingly.
Now considering a new high of 2895 - 2900 Price Objective for ascending channel.
On the other hand I dont rule out a dump to 2842.
Will watch PA closely as to what it offers for the remainder of the week and trade accordingly.
註釋
OANDA XAUUSD.
Price Action ( Candlesticks differ from that of FXCM on the LTF)
註釋
2870 forms a strong resistance. So we could see a 2845/2840 on the retracement.註釋
註釋
Had a dump to 2840 and bounced off to 2895. 2900 in the waiting..註釋
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