Gold - XauUsd

10 ต.ค. 2017

high % Correction down -> more up & depending on success with fed QT, Trump tax plan etc we may see a huge move late 2017/early 2018 and forth. The priceaction which followed the breakout of the 7y resistance line was indicating a start of something big in the precious metals...
Look at closer time intervalls to time in a buy or short at 1295-1300 depending on breakout or not.
We have already a strong buy signal from 1260's but it is to be expected that the long support is hit on a higher timeframe

10 ต.ค. 2017

บันทึก

If you bought 1260 long then i would say u will be fine on the way up but there should come another correction down to form a really strong picture for a big move up.
The market reversed at 1260 but another correction back to 1260ish would be great for a clear indicator concensus on multiple timeframes .)

13 ต.ค. 2017

บันทึก

2x RSI 21 + 1x MACD divergence on 1h timeframe
interesting to see what price will do now around 1290-1300

13 ต.ค. 2017

บันทึก

3x div Macd + 2x div RSI 21

13 ต.ค. 2017

บันทึก

correction + more up?

1h timeframe:
3x macd div 0.31%
2x rsi div 0.31%

4h timeframe:
stoc --> down

daily timeframe:
stoc -> up