HuPan

Gold break the resistance? add to watch list

Long
HuPan Mis à jour   
FX:XAUUSD   Or / Dollar Américain
Gold reach the ~ 1350, which is the major resistance in the latest years. I'm watching closely for the potential beak, and take in to consider the macro economy, lower interest ratio is the trend for latest future.

Let's see if break & hold above 1350 can be realize or not. take action accordingly.
Transaction en cours:
A higher low ~ 1330 seems formed, hope it can be hold, and then upside movement channel is expected, final try to break the previous high.

second scenario is bounce ~ 1320, possible to form the H&S pattern, let's see which one will happen.

Transaction en cours:
move just as our expected, next is try to break up ~1360 again, let's see if succeed. if it done, will be a exciting moment!

Transaction en cours:

A uptrend triangle is possible to form, we may see the final battle ~ 1360 soon.
Transaction en cours:
good move, hope it can hold ~ 1360
Transaction en cours:
Great move! As long as hold above ~ 1360, the break out is high possibility to happen, and we have the second support line in below.

Transaction en cours:
Gold bull continue, long on the way.

Transaction en cours:
Very good setup for longs, what's our target? the first target should be H&S target ~ 1700, depends on the policy in the 2nd half of 2019, my second target is ~ 2000.


Only message we should take into consideration for our long desicion is the macro economy stratege from USA.
Transaction en cours:
As long as hold above 1404, we may see the correction end soon.
Transaction en cours:
Can 1400 support hold?

Commentaire:
good to see bounch from 1400
Transaction en cours:

Find support in the uptrend channel, next, keep an eye closely to the resistance line ~ 1440.
Transaction en cours:
Transaction en cours:
Still on our path:
Transaction en cours:
Third time test the resistance ~ 1440? I think it's time to breakout!

Transaction en cours:
consolidation in triangle, direction choose is near.
Transaction en cours:
direction has been chosen.
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.