XAUUSD Pair Trade Idea - Wk33'17

Comments

  • o0oo00o
    o0oo00o
    Posts: 11

    Why do you think gold will start a bearish run?

  • o0oo00o
    o0oo00o
    Posts: 11


    On a 4h time frame, gold hasnt completes ABCDE pattern. Not to say that it'll complete a 5 wave pattern

  • JoshWinter
    JoshWinter
    Posts: 442

    Yeah, I do not think gold will drop yet, unless dollar stays bid and Equity Indexes recover from their recent sell off.

    Always a Student. B)
  • teeky80
    teeky80
    Posts: 81

    Based on the previous resistance area on around 1295, 2 times touched around this strong resistance area. Let's see how the trend go.

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