Gold Spot / U.S. DollarUpdated Long term long, but some correction going on...
These are my 3 levels of interest in correction. We already broke one trendline and I believe we will break 1250 whereafter the bottom of the megaphone pattern combined with 0.382 Fibo (1235.89) is interesting. If that breaks I think it will need 1220 to get enough fuel for a rampage.
Trade well and always calculate risk before trades :)
Trade well and always calculate risk before trades :)
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Larger picture: Note
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Long term view:
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Never that simple huh? New try now:Note
Broke, and I broke even by closing my shorts just befor fall :DNote
Lame breakout. Didn't´t miss much. Lets see where we go.
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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.