Comparic
Short

GOLD with potential shorts? Under important resistance zone

TVC:GOLD   CFDs on Gold (US$ / OZ)
When looking at the XAU/USD ( GOLD ) daily chart we can see that, price stopped below February’s highs near 1263.50USD per ounce. The resistance zone is strengthen by the 61,8% Fibo retracement (November-December 2016 depreciation after the US presidential elections). Last time 1263.50 pushed the price more than 60USD lower. We should wait for Price Action signal (currently market is drawing outside bar formation) and then open a short position targeting lows from this month and then the March dips.
Sprawdź największy polski portal traderski - http://comparic.pl i dołącz do najbliższej edycji konferencji FxCuffs 2018 już w marcu! http://expo.fxcuffs.pl. Do zobaczenia w Krakowie!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out