darcsherry

XAUUSD | New perspective

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darcsherry Atualizado   
OANDA:XAUUSD   Ouro/Dólar Americano
The Gold appears to be recovering from a month low of $1,680 to reclaim the $1,720 area which is my key level for the week on the dismal US PMI to set the tone for a shorter bullish bias.

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Trade ativo:
With a reversal pattern identified on the 1H time frame; we might be anticipating a bearish momentum drive at the breakdown/retest of the neckline to join the decline (thereby respecting the bearish trendline).


Good afternoon
Trade ativo:
The present structure suggests that the bearish momentum is still likely. Lets see if we are going to see a breakdown of the bullish trendline/keylevel


Good morning
Trade ativo:
A signal has been established; Lets look for a retracement to join the rally


Good evening

Trade smart. Trade consciously
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