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Gold is on the rise
Ouro/Dólar Americano
Gold is on the rise
Por adamnkiss
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Atualizado
24 de mai. de 2017
3
24 de mai. de 2017
Hey!
I just quickly want to recap what might be happening on GLD now!
It is forming a very often seen breakout formation.
While I'm speaking it's already moving higher.
I believe that if the white box is left, it's a good place to buy.
The two red lines are support 'areas' that I use to predict possible changes in the price.
If price does break out, I can easily see it going to the previous high - 1263 - with a stop at 1257.
24 de mai. de 2017
Nota
We are getting closer to the upside of the white box. Watch out.
24 de mai. de 2017
Nota
AND THE BREAKOUT HAPPENED! Let's see if we reach the targets.
24 de mai. de 2017
Nota
1256-1257 is the first target before 1263
24 de mai. de 2017
Nota
Once again, the prediction was correct. First target was hit.
24 de mai. de 2017
Nota
Now we're track on to hit the second target.
GLD
Gold
USD
USD (US Dollar)
XAU
XAUUSD
adamnkiss
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