Bandarsq
Short

Gold in Intermediate View

FX:XAUUSD   Gold/U.S. Dollar
7 months ago
XAUUSD             has been in a bear market since it reached 1920.80. The bear cycle has the pattern WXY which it already finished wave W by reaching 1046.23. Luckily I didn't witness that period, I would had thought XAUUSD             was going to moon before it collapsed :-\

XAUUSD             is in X wave now, in a minor degree x which I set three targets for it as shown in the chart.

Best Wishes
6 months ago
Comment: On 3-Day chart, it's easier to sport RSI Divergence.
snapshot
6 months ago
Comment: Nice breakout opened the door to lower targets
snapshot
6 months ago
Comment: target 1 reached. I expect a bounce here.
6 months ago
Comment: It's about to test the lower trend of the channel.
6 months ago
Comment: Target 2 reached.
5 months ago
Comment: I expect Gold now to go for target 3.
It's never been a free market and will never be.
Qasimshahzadgt
7 months ago
what your think gold will bulish or bearish....now
Reply
Bandarsq PRO Qasimshahzadgt
7 months ago
It's Bearish now.
+1 Reply
Qasimshahzadgt
7 months ago
thanks... now i can sell when market will open?
Reply
mo1 Qasimshahzadgt
7 months ago
I wouldn't get out 100%...start taking some $$ off table
If oil rebound(summer driving season around corner), $$ will sink & gold will rise again.
That will be my approach(my 2 cents)
Cheers
mo
Reply
arif_awan
6 months ago
gold is not gonna come down so deep though.
Reply
Bandarsq PRO arif_awan
6 months ago
I'll update if change of plan.
+1 Reply
arif_awan
6 months ago
Potential-bat-pattern, Long at 1245 TP: 1278 Stop loss 1225
Reply
Bandarsq PRO arif_awan
6 months ago
so far so good.
+1 Reply
robus
6 months ago
Awesome
Reply
Bandarsq PRO robus
6 months ago
Cheers!
+1 Reply
pmcllc PRO
6 months ago
right on targets
Reply
Bandarsq PRO pmcllc
6 months ago
So far.
+1 Reply
Riju PRO
6 months ago
pray
Reply
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