Fx46
This is my plan for Monday. IMHO xauusd will bounch at 0.618 level and go down again to level a and c leg. And then I'm expecting the big correction ended, and it will go back to the main uptrend. Let's see what the market will perform in this early weekday. Please CMIIW. Please share your thoughts. Thank you...
Expecting gold will reach somewhere between 1945 - 1956. Let's see the price action and find somewhere to sell. Until it reach the potential reversal zone. And then try to find ideal buy position. CMIIW. Please share your thought. Thank you...
It looks like XAUUSD has reached the support area in yellow box, and it is a strong support area as we can see from the past, every time the price level fall to the area, it bounce back. The last price level 1974.98 is almost reached Fibonacci ratio for wave C of Y at 1.0 (1973.42). (Yellow framed box). And as wave 5 of C, it almost reached Fibonacci ratio at 1.0...
This is alternative way for me to predict XAUUSD. With this simple method, there is no many words to say. Just let's hope this pattern works and we all make profits. For other way to predict, please see the related idea below. Thank you. Wish you guys all the best luck and always profit. Thank you.
IMHO For me it is too late now to take a shot position. I can't find any good RR ratio anymore. But, if I see an opportunity to go short with a good RR ratio, I will go short untill the PRZ has reached. Meanwhile, I am looking for a long position some where between 1987 and 1998 in PRZ. But it will me a correction wave. So let's see how the market perform the...
I'm not interested to go long with xauusd. Assuming the upward wave will be complicated. So, I prefer to go short, expecting to ride the smoother wave. Any comment? Please, CMIIW. Open to discuss. Thank you...