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FUNTRADER-Vera
19 dec 2017 01:52

XAUUSD: going to wait for wave 3 top to the arrow Lång

Gold/U.S. DollarFXCM

Beskrivning

Traders,

Xmas is coming soon. Holiday issue making price move slow or perhaps will sharp down and up.
But most important thing is to stick on your plan and risk management.
For gold , we had a wave 1 up to 1262.
A corrective wave 2 is coming soon, as you can see RSI DIV for the blue ascending channel.
Next Jan, wave 3 will help GOLD approaching higher position.
Wise traders will wait for the entry signal to long gold again.

Merry Xmas!
Less is more!

Kommentera

I am sorry, its red ascending channel.

Handel aktiv

Kommentarer
chrisi1995
thank you
IJB2013
Corrective wave to the downside? Sorry about the questions I’m a new trader in training. :)
FUNTRADER-Vera
@IJB2013, not a problem.
Yes it is .
IJB2013
Hi I was looking at your chart and thinking if it will drop before a rally?
FUNTRADER-Vera
@IJB2013, depends on how you trade.
Right now we are thinking about a corrective wave.
ShivamVermafc
double meaning message one side down arrow on chart second side long ..... nice

dump
FUNTRADER-Vera
@ShivamVermafc, meaning a correction is expected to come.
But Gold is bullish in longer term.
FUNTRADER-Vera
@ShivamVermafc, you should check where the start of the arrow for both .
MarketRekul
Very high accuracy in this analysis!!! What went wrong :)???
Mer