XAUUSD; are the bulls back?

29 giu 2017

We could have bottomed here, with that fake breakout. As long as 1240 not taken out, we should be flying.

29 giu 2017

Nota

Updated daily channel, this double bottom is valid, breaking 54, target 1336

29 giu 2017

Nota

Forgot to include my counts but prices rebounded exactly at 1.618

30 giu 2017

Nota

For it to be a valid Dbl bottom, we should have big strong candles to bull from here. Price creating another flag right below the "original" broken TL, not a good sign for bull. Am out from longs, will wait for break of this flag.