XAU/USD: History Repeats Itself?

7 thg 4, 2019

On Daily chart, do you see something similar? (ones with blue circle)

Is it the beginning of another uptrend, or just some correction before falling down?

For now, 4h chart is a range. I LOVE RANGE, because it NEEDS to break out.

Just some notes: It should have a 4h candle close above/below the range to enter the market.



Wish you luck and properous!

8 thg 4, 2019

Ghi chú

Gold has been doing pretty well, 4h candle broke the range and stay well above 1294.00. Wait for little retrace and join.

8 thg 4, 2019

Ghi chú

Congratulation to ones that already bought Gold. Now move SL to break even and enjoy.

8 thg 4, 2019

Ghi chú

Up to the sky, baby. (Just kidding).

In my opinion, it’s hard to tell whether it is a retrace or a new uptrend. So send a probe when there is a bearish hintsight. Move SL to break even and see what works.