GOLD 4h SellGOLD 4h Sell
Resistance: 1174.000 117600
Support:1169.600 - 1165.000
This is not investment advice
Xausdlong
The swingers point of view XAUUSDHead & Shoulder chart pattern on a daily time frame.
The right shoulder has not been formed as of yet.
I'm Swing Trading.
First target 1280 followed by 1300 before i expect a drop and look to go bearish.
SL 1239
**Note
I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture).
Feel free to Like/Comment cheers.
XAUUSD NO JOKE 1520 POTANTIAL ------PLEASE CHECK MY PAST CHARTSNO THIS CHART IS NOT JOKE'! PLEASE CHECK MY PAST ANALISES.TARGET 1393-1420-THERE IS POTANTIAL 1520....WHY? I INTEREST GOLD FROM 2012 EVERYDAY I TRADE I KNOW GOLD HAVE BIG POTANTIAL...1-SPDR GOLD FUND HAVE LOT GOLD THEY WILL WANT TO SELL HIGH AND HIGER PRICE. 2-SPX500 SOON FALL DOWN PROPABLY GOLD WILL MOVE BEFORE...IM DIFFERENT TRADERS THAN OTHERS IF WE SPEAK ABOUT GOLD. IF YOU INTERST GOLD YOU SHOULD KNOW SOMETIMES CYPER PATTERN, ELLIOT OR ANY ANALYSIS CAN NOT SUCCESSFUL.SOMETIMES EXPERIANCE BEST ANALYSIS....NO BODY CAN NOT SPEAK ABOUT GOLD %100 ME TOO. WE WILL FALLOW AND SEE...............
Gold @ Current Technical Scenario (4H)As long the price is trading more or lesse above the upside trend (since February`16) bullish!
round about 1303 should be a bullish support area
round about 1284 should be a bullish support area
round about 1263 should be a bullish support area
if the bears are winning the terrority backs,
- even more or less around the 1303, 1284, 1263 price levels
(and this not only for an hand full 4H hours, maybe for one week and longer)
- we need at least in my opinion a new current technical scenario ...
Best regards!
Aaron
