VasilyPonomarev

GOLD (XAUUSD) Can Go Even Lower!!! Here is the Reason:

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)

hey guys,

I have analyzed the strongest bearish rallies on gold since 2017.
What I noticed is that both the selloff of 2018 and 2020 made gold lose almost 15% of its value.

a new bearish rally that started in august has already corrected the price by 10%.
Even though the trend remains sharply bullish , it looks like we still have a potential here to lose 5% more.

It is not a trading recommendation but rather an observation.

let me know what do you think about it.

Comments

You have to wait for another advantages. I would wait for 1760 and below that price try to find shorts
+2 Reply
VasilyPonomarev TraderInternational
@TraderInternational, thank you for comment my friend 🙏
Reply
Nice point of view Vasily thank you.
+1 Reply
great.good job bro 👍
my Analysis
+1 Reply
VasilyPonomarev T_V_TreeTrader
@T_V_TreeTrader, good analysis!
Reply
BigBoss88 T_V_TreeTrader
Reply
malyavka T_V_TreeTrader
@T_V_TreeTrader, agree too, same target and then up
Reply
What do you think about my observations?
can we consider them?
+1 Reply
kotykot VasilyPonomarev
@VasilyPonomarev yes i agree
Reply
@kotykot, good!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out