XAUUSD,D1 Chart Discussion
fxgenius
Nov 13, 2012 at 00:22
gold has breached 1726 thus reverse position and look for the maket to go down to 11717
fxgenius
Nov 07, 2012 at 21:38
ok
clixmoneyacc
Nov 07, 2012 at 20:07
There is a heavy resistance area around 1700-1705. I don't think that the price will break through, I'll put my goal at 1705. And in Silver it seems to be the same situation. I'll try to short there too. It's also the 61% retracement level. Goal is around 30.55.
fxgenius
Nov 07, 2012 at 19:53
short gold @ 1720 stop at 1730 and limit at 1695.
fxgenius
Nov 07, 2012 at 18:47
If you went long at 1712 its best for us to exit at 1720 and lock in profit the market has broken the inner trend line and appears to be making a bearish head and shoulder pattern which indicates reversal thus. I recommend we lock in profit at 1720 and wait for the market to prove its reversal and give us further confirmation
fxgenius
Nov 07, 2012 at 17:28
lets go long again on gold at current price of 1712 with limit at 1750
fxgenius
Nov 07, 2012 at 17:28
very good I'm happy that you are locking in profit
clixmoneyacc
Nov 07, 2012 at 16:50
Damn! You right again, just cpl of pips from perfect entry point :D
fxgenius
Nov 07, 2012 at 05:32
Nice bull movement. Next trade call buy gold at 1714 with limit at 1734
fxgenius
Nov 05, 2012 at 18:59
Buy The Gartley Retracement. New First Take Profit set at 1698
