d.vezeris

XAUUSD 4H (03.07.2014) American Session Tech Analysis Training

FX:XAUUSD   Gold Spot / U.S. Dollar
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2
As you can see today's decline stops on the top of KUMO (green line) @1314.64 and now the Gold is reacting.

MACD & RSI are bearish . The critical level is the SPAN A (green line) on the top of KUMO and Kijun Sen (blue line above the KUMO).

If the pair break the SPAN A and gets into KUMO the position is short for 1296.
If the pair breach the Kijun Sen @1320 the position is long for 1331 again.

The USDollar today is very bullish .

Comments

USdtry please
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Thanks for your analyse, how do you put the two different chart on the same picture...? Thanks for help
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d.vezeris maximus71
If you sign in and go to charts, on the toolbar above the chart there is an icon with a libra (scale). There you can insert a new symbol to compare.
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maximus71 d.vezeris
Thanks a lot
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maximus71 maximus71
Very usefull to complete decision...thanks
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