OANDA:XAUUSD
Notice how the resistance level aligns with the 61.8% fibo retracement?
I will be looking for a buy signal within the 1296 - 1301 range
More details to follow!
Gold Double Demand Area - Price bouncing off 2 extremely long term area's of Demand on Horizontal & Diagonal Plain's, Very simple, look for a little more Bullish Price Action before positioning yourself for a potential long term hold.
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
1277 break that open gate to last small target 1265 has been done.
Besides that one, I didn't have any other target and I made my first buy!
Since I don't know will 1254 will be reached and what piece it will develop I split my margin impact into 3 positions!
Sorry for maybe too long video ( whole 10 mins ) I was rambling because my mind is full of some other...
Although we broke the " line " by itself it could mean nothing. So far we are having a test-back, but still, at any point above 1276. it can rise again.
So be careful.
We have last day of the month of November so a lot of interesting irrational stuff can happen in the markets.
Good Luck.
" You know... "
I am monitoring this on an intraday basis for a possible blocker levels. Be careful at the lower level, and if we get a breakout the trade can continue very well.
If the break downwards happens, I will look for a place to add.
Good Luck!
TV video ideas feature is awesome.
