ABCD Pattern

another view of xau market for next weeks
well i can't accept that gold may not touch my trendline (white lower one)
i strongly believe that any further movement is highly depends on the action of price on that trend line well next week we have Jerome's news , in Wednesday , and every one is likely to see 5.5 interest rate and this will pump dollar index and as a result gold will fall and this area is my favorite place to enter a high quality swing buy trade
what do you think ?

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Kommentar:

Kommentar:

Trade ist aktiv:

short position just activated
1st tp 1944 area

Trade ist aktiv:

this is another masterpiece i love it
short position for 3 weeks

Trade ist aktiv

Trade ist aktiv

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i'm lovin' it
we are in a very good profit since this trade started
that's what i call masterpiece

Trade ist aktiv

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this was exactly what i meant