XAUUSD: gold will not copy the pattern of the begining 0f 2016
Aktualisiert
Traders:
There is voices in the market that gold will copy the same pattern of movement from the end of 2015 to the begining of 2016.
We agree that gold will have a retracement from the bottom, but the question is how far can gold go? and where is the bottom?
This time, at the end of 2016, the week chart is not showing any sign of slow falling.
At least , it wont happen soon after Mr Trump officially served as president of the United States.
As the space of the wedge getting smaller and smaller, we can expect gold will drop faster and faster, meaning the strategy of short trade can benefit more from the process.
Anyway, Christmas is coming, wish you guys all Merry Christmas AND safe trade or better stop trading during the holiday. Because you can get more pips next year!
Less is more!
And Merry Christmas !
There is voices in the market that gold will copy the same pattern of movement from the end of 2015 to the begining of 2016.
We agree that gold will have a retracement from the bottom, but the question is how far can gold go? and where is the bottom?
This time, at the end of 2016, the week chart is not showing any sign of slow falling.
At least , it wont happen soon after Mr Trump officially served as president of the United States.
As the space of the wedge getting smaller and smaller, we can expect gold will drop faster and faster, meaning the strategy of short trade can benefit more from the process.
Anyway, Christmas is coming, wish you guys all Merry Christmas AND safe trade or better stop trading during the holiday. Because you can get more pips next year!
Less is more!
And Merry Christmas !
Anmerkung
Trade ist aktiv
short trade entry: 1140Anmerkung
tp 1124-1126Anmerkung
bear is not strong enough.also bull.
Trade wurde manuell geschlossen
SHORT TRADE CLOSE AT 1127Anmerkung
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long trade entry 1139now $10
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long trade closed at now at 1149.6Anmerkung
$17 now!Anmerkung
tp 1171Anmerkung
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tp changed to 1205Anmerkung
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now, we sure that gold is making no higher but dropping from 1200.Anmerkung
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