support possible (h1)
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GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
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Disliked{quote} Ive gone long on gold also. not sure where TP will be though. 1395 is march 2014 high next resistance after that is sep 2013 high @ 1435Ignored
Disliked{quote} Well gl but I still expect a drop lower, targeting 1305 - 1300.Ignored
Disliked{quote} Fundamentally I dont see any reason for gold to sink. Technically its pulled back to previous resistance levels which now become support. Its pulled back to 200 EMA on 4H also 200SMA rejection. Also its at bottom of daily trend line channel. So for me its high possibility Gold is going up at least to 1343 which is 50% fib line from previous high @ 1375Ignored
Disliked{quote} Possible but it's risky for me to trade lower at this major support area.Ignored
Disliked{quote} I see no major support at this level. Minor yes. Around 1230 shows major support which may or may not hold. {image}Ignored
Disliked{quote} I think FOMC meeting will send Gold below 130x. Maybe 1287 ciuld be the target. just 2 centsIgnored
Dislikedhi I think gold made this way when the analysis says Julia floor 19 am {image}Ignored
Disliked{quote} We shall see. Anyway, my long entry was 1311. Drop below 1315 is good to buy.Ignored