chartwatchers

GOLD - Getting close to the final washout

Short
chartwatchers Aktualisiert   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The flag seems to be ready by today morning ...
I'm waiting for a breakdown again as it seems we will not be able to hold above the 100 EMA for too long.
The breakdown should be violent with a low on Friday afternoon this week or Monday next week.
I think we will be testing 1195 and maybe 1180-82$ ...


Kommentar:
We aren't done yet.
Kommentar:
Let's see Grandma's Pie.
Is she baking bull pie or bear pie?
Kommentar:
I'm going to send out a complex gold report tonight for the hard core.
As we have a lot of newbie members I think we need to cover all the bases.
For all who is not on my e-mail list I'm going to reopen once more the private idea e-mail list : if you want to get the update send me an email to chartwatchers@gmail.com . Who got the last update please don't send anything you will get it automatically.
Kommentar:
Kommentar:
The flag is breaking down...
Kommentar:
RSI is too oversold for a significant breakdown. Some sideways move in the evening and the USA could wake up for a 1200$ gold.
We need momomomomo more time...

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