XAUUSD 4H (03.07.2014) American Session Tech Analysis Training

FX:XAUUSD   Gold Spot / U.S. Dollar
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 .


USdtry please
Thanks for your analyse, how do you put the two different chart on the same picture...? Thanks for help
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.
maximus71 d.vezeris
Thanks a lot
maximus71 maximus71
Very usefull to complete decision...thanks
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