Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
RE-ANALYSIS ON GOLD - 1H CHART
Gold Spot / U.S. Dollar
Long
RE-ANALYSIS ON GOLD - 1H CHART
By ccerezo11
Follow
Follow
Updated
Feb 22, 2017
1
9
Cheer
Cheer
1
1
Feb 19, 2017
Hey Guys,
I already posted a chart on XAUUSD recently.
Here's just an update of the same analysis and my view on 1H chart.
Gold did not brake the main structure to go downtrend, it broke the buy set up with a charp impulse.
No we are having a corrective structure that will probably develop into another similar impulse to reach upper trendline.
My forecast is the following. Somewhere between the 38.2 and 78.6 will be the point where the new impulse will take place.
Will see how the corrective structure develops but I am sure about these forecast.
Carlos
Feb 22, 2017
Comment
Okay it looks like a nice BUY set up now, trade the flag uptrend!
Feb 24, 2017
Trade closed: target reached
Perfect long trade. Now planning the sell after we touch trendline
Gold
goldforecast
goldidea
goldtrading
palmtradersfx
Wave Analysis
wavestructure
wavetheory
XAUUSD
xauusdlong
ccerezo11
Follow
Follow
Related publications
ANALYSIS ON GOLD - 1H CHART
by ccerezo11
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.