Why does gold/usd have the symbol: XAU/USD? 14 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Disliked..... Next stop 1700. A 10 to 1 risk reward has a nice ring to it...Ignored
DislikedPeople, it's just white noise at the moment in front of NFP - We could get a move after that, no doubt with the usual feint the other way first......
Look at the GC Daily forks I posted on 1st July in # 19780. Nothing has changed - price is still in the wedge formed by the blue upfork and the quartile of the red downfork..........
EDIT - A couple of people have asked exactly what I mean , so here's an update of those forks with the wedge highlighted in green:
DislikedGOLD completed bearish Evening Star candle below falling trend line resistance, hinting move lower is ahead. 1600 is initial support
GOLD Break lower exposes 1575.81. Trend line resistance now at 1618.43
Sorry, don't have a chart.