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faylee
30 de Abr de 2016 13:13

XAUUSD-D, moving in an expanding wage,"Short High Buy Low"  

Gold/U.S. DollarFXCM

Descrição

The Wave 5 for Gold is moving in an expanding wage.
To sell above 1300 and buy in a retracement (about 1263) is suitable.

Trade ativo

May-2, Gold reached 1304 , meantime DXY reached 92.6, as expected.
just short for a retracement, or wait to buy after retracing 1263

Trade ativo

I've shorted at 1301, if it's broken 1307, I‘ll close the trade.

Trade ativo

I've shorted at 1301, if it's broken 1307, I‘ll close the trade.

Comentário

if the unemployment 4.9-5.0, NFP16-20
estimated entry: long at 1266-1270.

Trade ativo

i've longed at 1277, before NFP, because many people can guess NFP is under 200k,due to ADP is only 150k.

Comentário

On Monday, watch 1295 to be retested, if cannot break out, it's possible to retrace 1263.

Trade ativo

long gold at 1272 for short term trade.

Comentário

1263reached, watching and preparing to long.
already in Wave 5 since 1303.
Comentários
DownUnder
Long did you say ?
DownUnder
however it is behaving very strage currently, just hope DX doesnt blow out into any one direction
faylee
market action is much important, i watch closly especially in the week of NFP or FOMC meeting
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