UnknownUnicorn5176330

XauUsd Rate from 1452 Support Level

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
26/11/2019 Gold Rate from 1452 Support Level and Current Low
Expected Outcome A Swing High Phase against the h4 bar 38% percent Fibonacci Ratio High -
towards Resistance Level 1488.
Trade active:
2/12/2019 Probable Support Level is at 1457 - Expected Outcome is that Price will Rise to 1488 at high - There remains another possibility that the Trend may continue on down.
Trade active:
4/12/2019 Target Reached at 1485 38% percent bar high -
Expected Outcome - Is that Price will return Lower within the monthly chart cycle
Spot Price 1473 - Possible Resistance Level at 1477 - 1481 Current High - Targets Lower include 1406 & 1390
Trade active:
05/12/2019 Gold Rate Update - Spot Price 1474 - Closed at 1481 - next resistance level 1477 - but price may return to 1485 - so be careful -
I trade the monthly chart cycle patterns which covers the pips available within the index at the precise time - once or when applying the Live Trading Calls.
Comment:
Late Evening 09/12/2019 Gold Rate at Support Level 1458 an increase in Price will take the Rate Up to 1474
As Resistance Level - this outcome is very probable.
Note: Best to watch for now then take the trend towards the Down-side.
Trade active:
11/12/2019 Gold Rate Uptrend towards 1474 Target arrive at - Next Level at consideration - Towards Continuation Lower End 1444 & 1438 as Support Levels.
Comment:
12/12/2019 Gold Rate Returns to 1483 Previous High - As Resistance Level towards Continuation Lower Phases, and Lower End Targets at 1444 & 1415
Current Spot Price 1467 with A View that Price will continue on within the downtrend.
Trade active:
Early Evening - 12/12/2019 Gold Rate Returns to 1483 as Previous High & Low at Probable Support Level and Current Spot Price 1463 - If Price Returns High then 1481 will act as Resistance Level towards Continuation Lower Prices at 1444 & 1415
Comment:
16/12/2019 Current Spot Price 1478 - Gold Return`s High set as 1483 as Resistance Level.
Then Possible Returning Lower to 1439 & 1413 at Lower Pricing.
Comment:
This is last trade here at Tradingview - This is last Live Trading Call at Trading View - I am Closing my Account with this social media site.
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