AdamHong

Tip 6: AS Dives, Unbroken out, Then AM Shocks

Ausbildung
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Tip 6: Slump in AS Time, but rally cannot break out the decline starting point in EU Time, and then shock in the AM Time.

Tip 6 needs to meet three conditions as follows:
1. The price slump quickly before UTC 2:00;
2. The price rallies quickly or continuously near to the starting point of previous rise;
3. The price rally cannot break out the drop starting point in EU Time until AM Time.
Usually, the price will continue to shock in the AM Time. Until the market break out the AS Time’s high or low, we can know the trend and where will the market go. If the market break out the high, it may reverse, otherwise the market will continue the previous trend.

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