DatTong

XAUUSD, View Next week !

OANDA:XAUUSD   Gold Spot / U.S. Dollar
My view GOLD next week !
W1:
- Tendency: Strong downward
- Test trendline
- Double outside bearish
--> Waiting breakout trendline
Comment:
Comment:

Comments

I respectfully disagree with this as time and price elapsed in downtrend already is extreme. Let's see
+1 Reply
DatTong Viking83
@Viking83, Maybe. This is way of looking at market !
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Slade104 Viking83
@Viking83, agreed...also look at where managed money stands net short gold for third week in a row...last time this happened was December 2015 and you know what happened then!
+1 Reply
DatTong Slade104
@Slade104, Yep !
Reply
Oh, i see this idea too late, great!
Reply
Dat whats your take on GBP/USD
Reply
DatTong VinodSharmab4
Reply
@DatTong, Now I'll follow your advice 100%
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Reply
You mean double top?
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DatTong VinodSharmab4
Reply
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