ForexAlpha7

XAUUSD UPDATE

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FOREXCOM:XAUUSD   Emas Semerta / Dolar A.S.
XAUUSD after the news release might look random but its not if you take a closer look earlier on my analysis that i posted. price hit all the major price tags both for buys and the Sells.

price currently at 1635 am expecting price to drop abit down to the support at 1630 if it hold expect a rally back to 1650 to 1655 then from the reaction of price at this point will determine if there will be a further drop back to 1600.

if the current support at 1630 breaks after the retest expect further drop to the down side

stay tuned to this thread to get updates ...
Komen:
support @1630 still holding, price has bounced off it to 1640 and now heading back down...

if the support breaks we go Short, if it dosent then we go Long
Komen:
Komen:
going long on XAUUSD 50pips SL
Komen:
close long position. price failed to take out the previous high
Komen:
going short stoploss @ 1640
Komen:
Komen:
+45pips in profit
Komen:
52pips boom
Komen:
Komen:
price breaking 1630, if price continue to trade bekow this level expect more drop
Komen:
+80pips in profit take partial profit and hold the rest
Komen:
+110 pips in profit boom
Komen:
Komen:
Komen:
+120 pips in propfit... 90% closed
Komen:
+170pips boom
Komen:
All tp cleared

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