XAUUSD LONG THE 0.618 AND STRCTURE

6 Des 2016

GOLD stop near the re0.618,
stop creating a new low point,
The price action tell us that the short power is weaker and weaker,
Now what we should do is don't try to any short action but fine a chance to long it,

1H chart show me 1170 level is a good position to long XAUUSD.
We set SL at below 1156,target at 1225 level.

6 Des 2016

Catatan

1H chart give us a good chance to long.

6 Des 2016

Catatan

The structure is work,if you are the short-term trader,please set your target at 1177-1179 first.

7 Des 2016

Catatan

1H chart structure is broke,two point:

1,close your long trade if you are the short-term trader,and find another chance to long again;

2,If you are the long-term trader,please hold your long trade,and set SL below 1157.

7 Des 2016

Catatan

A good chance to long GOLD again.

8 Des 2016

Catatan

Break or not?
long or short?

9 Des 2016

Catatan