GOLD XAU/USD Week 40 Trading Idea (02/10/2019) More Downside?
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GOLD indeed completed its H&S pattern with 153x high as per myn idea post out on previous week
At this moment of writing we already had a 700pips/70$+ run down
1490 1480 previous supp will now act as resistant area
Looking for next land near 1450 to 1440 area with 61.8% fib and weekly ema20 support
Ultimate 1350
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
At this moment of writing we already had a 700pips/70$+ run down
1490 1480 previous supp will now act as resistant area
Looking for next land near 1450 to 1440 area with 61.8% fib and weekly ema20 support
Ultimate 1350
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
Ghi chú
Price nicely swing up back to the neckline resistant to kick off late sellers on Monday to WednesdayPrice currently now on 15xx Daily ema resistant
If price closed with strong bearish rejection daily candle i looking forward price to head back towards plan of 145x to 144x area
We are still having multiple important data/news coming up with,
SM Non-Manufacturing PMI data today
NFP tomorrow
FED speech
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