This is what I found from the Daily Chart.
Should be a sign for continuation to the upside.
Try to google the characteristic of Symmetrical Triangle and you will know why this is my reason for kept my Long position.
I believe Gold will try to break the Resistance @1291 tonight.
From my perspective, I saw Janet Yellen as a conservative person. If i'm not wrong the Inflation target in USA is not yet achieve.
So this could be an excuse for more dovish statement tonight.
I still believe in my long position from last Wednesday @1278.
And I put my Stop Loss around @1278 to @1279.
Hopefuly the price could stay above the 1300 tonight.
Well, good luck everyone and have a nice profit!
Please help me with the " Like " button if you feel this analysis helpful.
Thanks and cheers!!
Should be a sign for continuation to the upside.
Try to google the characteristic of Symmetrical Triangle and you will know why this is my reason for kept my Long position.
I believe Gold will try to break the Resistance @1291 tonight.
From my perspective, I saw Janet Yellen as a conservative person. If i'm not wrong the Inflation target in USA is not yet achieve.
So this could be an excuse for more dovish statement tonight.
I still believe in my long position from last Wednesday @1278.
And I put my Stop Loss around @1278 to @1279.
Hopefuly the price could stay above the 1300 tonight.
Well, good luck everyone and have a nice profit!
Please help me with the " Like " button if you feel this analysis helpful.
Thanks and cheers!!
