GoldUsd Pair - The Gold Bullion Rate

GoldUsd Rate - I`m considering that the Index may have run its ground to the Higher Side and may be at A Reversal Bar Stage
within the Current High Price at 1558 - Nearer TSupport Levels can be seen at 1430 & 1366 at the lower end to Pricing - If Price decides to go that way - I will have to wait and see and relie on time to provide this Outcome.

As always A Stoploss Placement is made just above the Higher Candle Bar at 1558.

Kommentera:

Since I only used the Fibonacci Metric Gauge lengths also Known as the Standard Fibonacci Ratio at A Percentage to equate the Formula in use towards calculating the Candlestick bar Lengths - It is very important to wait until either of the Price Levels mentioned within the monthly chart cycle above has been arrived at through the Price or the Price Bar at a secure Pivot Level and Turning Point - In order to bring about further Analysis and Market Forecast to the Rate Pair under current evaluation at a more precise level before entering into the Market towards Exchanging Contracts.

Handel aktiv:

31/10/2019 From 1480 Support Level - Current Swing High Phase - Price breaking above Current Resistance level 1519 may result in A Double Top Formation at 1557 as New Term High.

Handel aktiv:

12/11/2019 On the Longer Term View Gold Rate is still in play towards the lower end of Pricing I can now see that 1431 may provide an h1 chart support level.