aluchan01

Scenarios on GOLD

FX:XAUUSD   Guld / USA-dollar
1st scenario: a convincing break below triangle area. Previous analysis i posted that 1930 might be the top and it did which would mean that we arent going out of the triangle just yet and it might be a good short opportunity.

2nd scenario: all hell breaks loose and and we get a break above 1930 and it might go as high as 1970. Daily MACD line starting to diverge from the signal line making this scenario a bit more likely in my opinion.

Be patient and react on trading please.
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