Entrenched

JUST A THOUGHT

Short
Entrenched Mis à jour   
SAXO:XAUUSD   Or / Dollar Américain
its kind of ambitious as of now, but just a though. i'll continue to update the chart as we go forward
Commentaire:
some nice divergence on a huge rising wedge
Commentaire:
We're coming up on an important area , if the red boxed area is in fact resistance , Iexpect a drop into the 1780s. depending on what happens there, should dictate what happens next. I believe that by the end of the month price will hit the 1730-1727 area. then possibly bounce up again. eventually i expect price to get sub 1700 again but it may be a while until that happens. All this depends if this area is the resistance and as in the prior update, we are near the top of the ascending wedge , rising on thin volume. happy trading...
Commentaire:
www.dropbox.com...0-07-15 (5).png?dl=0 this is a screen shot of the last time i seen a similar set up

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.