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CitRoN_RouGe
18. Okt. 2017 07:50

Gold – Lower high series continue Short

Gold/U.S. DollarFXCM

Beschreibung

Gold_ price could not climb further above the Monday peak of 1306.
If it was able to reach above 1313_ level, that would be a bullish signal by a new higher high. But rebounding from 1306 level forms another lower high.
Lower high series starting from 1357 continues, and the bias is still bearish in my opinion.
Kommentare
Mario_PLN
Well. It may just make a higher low instead of falling under 61% fibo;-).
CitRoN_RouGe
@Mario_PLN, Maybe, lets watch the price action. Actually I expect a lower low around 1250.
khalildoc
I like your your analysis
lele1499
Thank you for providing educational knowledge to the community here at tradingview, CitRoN_RouGe!
kausf
Your analysis is always one of the first things I look out for, thanks!
ictspag
thanks for the analysis!
cvtsqu
thanks for the analysis, i will always support good trade ideas from you :)
Victor.Y.F
Thank you CitRoN_RouGe! A pikachu... the second bear after the koala?
CitRoN_RouGe
@victor.Y.F, Maybe a Pikachu bear:)))
Ltd
Hi, could you possibly expand on this. The price is languishing at $1283. In your opinion is it set for a retrace?
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