LightBlog

Followers

ads

Ads

ads

Search This Blog

Blog Archive

Monday, November 5, 2018

Gold Forecast, long position for 05-09 November, 2018

Top 5 things to watch this week:
1. U.S Midterm Elections
2. Federal Reserve Rate Decision
3. U.S. Producer Price Inflation Data
4. Earning Season Starts to Wind Down
5. China Trade Figures

Technical Analysis:
Price Chart 240 minutes view, the market price forming Alliott Way Correct(A,B,C)
According to the Fibo-retracement: 23.6% at 1225 is a strong support of C point, or further is at 1220.00 38.2%. 

Long position:
Entry point: 1225.50 
T/P: 1238 or above
S/L: 1220:00



By Mr. Keo Phearom
www.ficaacademy.com


No comments:

Post a Comment