XAUUSD Gold chart analysis November 26th (BitCoinGuide)

26 Nov 2019

Hello.


I am a South Korean author "BitcoinGuide" .

Nice to meet you.

I am a 6 year chart analyst.
AndI want to help many investorsworldwide.
So,
I newly started my challenge today.

I write Two analysis daily from Monday to Friday.

Twice a day,
1) XBTUSD Bitcoin , 2)FX Margin trading.
Unless I have a problem, You will see every day.

I use only 3 indicators.
The most basic secondary indicators, which are

1. Bollinger Bands ,
2.lchmoku,
3. MACD
I prefer "real time action."

Also ,
I will write an analysis that you might have never seen before.
It will be a special experience for you.
Based on the 30 minutes chart,

I will guide you real-time movement,
And, Locations that you can open and close your positions.
You can check it every day.

What you have to do is just press "Follow" and “Likes”


And let me begin FX margin trading XAUUSD Gold chart analysis.










The picture above is 30 minutes chart for USDCHF yesterday.
It was a long position strategy.

It moved to route A, however,

It moved down below the triangular convergence line and remained with drifting sideways.









This is for XAUUSD Gold 30 minutes chart.

I believe gold will also go the similar way with bitcoin .

If the price goes along with route B, or down below the supporting line,
Trend seems negative as descending channel is suppressing from the above.

Also today is Tuesday so be careful for any sudden changes.

Let me give you major strategies,

1. Please check route A(Long position) and B(Short position) / AB $1,456 entry point
2. If it moves toward route A, please check whether the price goes down below the entry point (If it does, it would move along with route B)

Along with route A, please check whether it breaks out the green parallel resistance line / it should also break out the blue parallel resistance line or stay around it, then it would give more possibilities for uptrend.
3. If it goes along with route B, please wait for a rebound for short position / $1,456
If it goes down below the “Sad face” line, it would reinforce the downtrend.

Lastly, check if the green parallel line supports the price

This is it.

If it goes along with route B and goes down below the green parallel line, it would fall strongly.

Have a nice dinner,
I will come back to you tomorrow.

Thank you.



(Translation help.
Jae Ho Shin)