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WicktatorFX

GOLD - A Clean Break! $$$

Or / Dollar Américain (OANDA:XAUUSD)  
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OANDA:XAUUSD   Or / Dollar Américain
Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD signal EURUSD DJ FXCM Index USDJPY GBPJPY BTCUSD US30
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trendanalysis chartpattern waveanalysis gold xauusd signal eurusd usdollar usdjpy gbpjpy btcusd us30
In our last analysis we were looking for a break or bounce scenario. Price initially bounced off the trendline but then fully collapsed!

There were a few opportunities to get into this trade. We got in on the break of the first bear flag. Price went on to make a further 2 bear flags on its way down. Keep on looking for bear flags to take this lower.

Just be wary that we are approaching a long term ascending trendline at the 1700 level.

See chart update for lower timeframe.

Goodluck and trade safe!
Commentaire:
Bear Flags
snapshot
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GOLD - Break Or Bounce?
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