Gold break the resistance? add to watch list

Gold reach the ~ 1350, which is the major resistance in the latest years. I'm watching closely for the potential beak, and take in to consider the macro economy, lower interest ratio is the trend for latest future.

Let's see if break & hold above 1350 can be realize or not. take action accordingly.

تم فتح الصفقة:

A higher low ~ 1330 seems formed, hope it can be hold, and then upside movement channel is expected, final try to break the previous high.

second scenario is bounce ~ 1320, possible to form the H&S pattern, let's see which one will happen.

تم فتح الصفقة:

move just as our expected, next is try to break up ~1360 again, let's see if succeed. if it done, will be a exciting moment!

تم فتح الصفقة:

A uptrend triangle is possible to form, we may see the final battle ~ 1360 soon.

تم فتح الصفقة:

good move, hope it can hold ~ 1360

تم فتح الصفقة:

Great move! As long as hold above ~ 1360, the break out is high possibility to happen, and we have the second support line in below.

تم فتح الصفقة:

Gold bull continue, long on the way.

تم فتح الصفقة:

Very good setup for longs, what's our target? the first target should be H&S target ~ 1700, depends on the policy in the 2nd half of 2019, my second target is ~ 2000.

Only message we should take into consideration for our long desicion is the macro economy stratege from USA.

تم فتح الصفقة:

As long as hold above 1404, we may see the correction end soon.

تم فتح الصفقة:

Can 1400 support hold?

تعليق:

good to see bounch from 1400

تم فتح الصفقة:

Find support in the uptrend channel, next, keep an eye closely to the resistance line ~ 1440.

تم فتح الصفقة:

تم فتح الصفقة:

Still on our path:

تم فتح الصفقة:

Third time test the resistance ~ 1440? I think it's time to breakout!

تم فتح الصفقة:

consolidation in triangle, direction choose is near.

تم فتح الصفقة:

direction has been chosen.