RASHDAH
Education

GOLD SWING ANALYSIS

SAXO:XAUUSD   Gold Spot / U.S. Dollar
MARKET ANALYSIS BREAKDOWN FROM START TO END.

Jan 31
Comment: Update of analysis as expected as per video

Comments

Down and then up 1610. Look at the longer time frame. It is a long trade. At least 7 hours trade. Can short and then long. Good luck everyone
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RASHDAH Fawad1234
@Fawad1234, GOLD is characteristically known to make large impulse moves - as shown on Monthly, Weekly and Daily timeframes
so from a market structure perspective - I agree a correction is needed before continuing up - Ive shown this on my latest analysis but on a day trade basis, theres more impulse move remaining.
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Fawad1234 RASHDAH
@RASHDAH, thanks ... I m avoiding it for now ... let’s see in coming hours...
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I've been learning alot from you. THANK YOU and please keep it up. πŸ‘πŸ»
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RASHDAH trade_sal
@trade_sal, thank you x
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Well done. It is quite good analysis. Also you thought all the probability of the fibo levels. Congratulations.
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RASHDAH neverlandfx_eng
@neverlandfx_eng, Thank you x
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I really like your analytics system. You use the FIBO levels very well. I often wonder whether the "spikes" in the graph should be included in the analysis or not. Spikes are often generated by market makers and often removed from the chart later. Therefore, I interpret these quite freely. Apart from that, you're doing a very nice job. Congratulations. πŸ‘πŸ˜Š
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RASHDAH meszaros
@meszaros, thank you x
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