XAUUSD:ITS FUN TO USE CHANNEL ABC TO FIND THE TARGET

1 kwi 2017

Traders:

As our chart shows, its fun to find out CHANNEL ABC could always give us the direction of the trend.

Now in this 4H chart for gold, its easy to find out that more up is coming for gold as long as the blue channel is not finished.

Blue channel abc is the wave 3 of the yellow channel , still inside the yellow channel now.
But gold could break it up a little b further if gold all goes well. To me , this is a high possibility in April.

So now, at the end of March, gold made its choice by a strong green candle.
Long gold for a mid term wth to up to 1290-1300.

Less is more!

1 kwi 2017

Uwaga

3 kwi 2017

Uwaga

3 kwi 2017

Uwaga

retest of the channel.

3 kwi 2017

Uwaga

is the new channel abc going to finish and a new H&S coming?

3 kwi 2017

Uwaga

lets check next 4H.

3 kwi 2017

Uwaga

3 kwi 2017

Uwaga

we have two possibilities for gold to go .

4 kwi 2017

Zlecenie aktywne

we closed the long trade.
and short again.

4 kwi 2017

Uwaga

5 kwi 2017

Uwaga

5 kwi 2017

Uwaga

this time I want to see a 5waves- trend.

5 kwi 2017

Uwaga

5 kwi 2017

Uwaga

if gold cant make a higher position today,
we will see its fall from today till next week.

5 kwi 2017

Uwaga

5 kwi 2017

Uwaga

plan 1:
gold cant get higher than 1260
drop down to 1235-1220 zone
go long again.

plan 2:
gold get a fake breakthrough up tp 1280 (EXT FIBO 127)
go short then
drop down to 1240.

anyway, gold is really fragile on the top.
WATCH OUT!

6 kwi 2017

Uwaga

6 kwi 2017

Zlecenie aktywne

PLAN 1
ENTRY AT 1255 THIS ASIA MORNING .

7 kwi 2017

Uwaga

SHORT TRADE ENTER AGAIN AT 1266 AFTER NFP.