XAUUSD is expected to go down
1.) RSI and the Price action are going towards difference directions
2.) XAUUSD is keep testing the 1229.50 level
3.) EMA is getting narrower
4.) A long bearish pin bar has broken the upward channels
Therefore, I believe it will go downward for the next few days.
2.) XAUUSD is keep testing the 1229.50 level
3.) EMA is getting narrower
4.) A long bearish pin bar has broken the upward channels
Therefore, I believe it will go downward for the next few days.
Trade attivo
The market is testing the 1223.50 level now. 6 dollars profit so far. Going pretty well now.Nota
TP 1 reached. closed 1/3 of the deal and moved the SL to 1230 level.Nota
Price retraced back to 1226 level and already reached the Fib. 0.618 level top (between 1230.50 and 1219.50) which formed AB ($11)Therefore, it is time to go down for $11 now from 1226 to $1215 for CD range.
um.... seems like it will hit our TP 2 from this interpretation if it goes well.
Nota
TP 2: reached. retracing back not over 1221.80.Nota
Broke the TP 2. take another 1/3 of the profit. and target for TP3!! Yeah!!!Trade chiuso: obiettivo raggiunto
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