FUNTRADER-Vera
Long

2006 XAUUSD: update for next high 1430

FX:XAUUSD   Gold Spot / U.S. Dollar
GOLD did not turn down as we wished!!
And the rally just rob many buyers' accout heavily!
We are not one of those !!
So glad!
The weekly chart is showing the next challeng position for gold is 1430. Actually 1390-1430.
Something is changing since yesterday!

On daily chart , gold just perfectly hit fibo 1.618 in this Asia morning and sharp down back to 1380 now.
But the channel is showing that gold still got a long way to run inside it .The next possible impulse wave could reach a higher position on the upper line of that channel which is quite close to 1430.

Good luck !
Less is more!
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tks for sharing
this is my chart
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