pixi
Long

Daily Gartley at $1235

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi,
Setup for Bullish Gartley at $1235.

Closed this idea :
Closed long at $1274.

Short $1274 TP $1235

Next step could be a bearish shark at $1350 after Gartley completion.
Comment: Adding short 1282.
SL Above 1284.
Comment: After took some profit on 74. Initial short SL hitted at BE.
Shorted again at 1285. Target unchanged for now (1250 and 1235)
Short term target -> bottom of the flag.



Bullish above $1286.
Comment: Maybe another round on $1269
Comment: Took some profit on 0.618 retracement at $1274.
$1269 still in the game imo.

Comment: Another option to reach 69/70
Short term Bullish shark to bear 5-0 or Inv. AB=CD (levels on chart)
Then, leg down to complete a gartley at 70/69 (+ cypher and inv. AB=CD posted earlier)

Comment: 70 hitted.
Gartley completed.
Took some profit. Long hedge $1272. Still in range.

Comment: Took some profit on $1296.
Short $1296 - Bearish Gartley - TP on chart
Comment: TP 1 reached. Small take profit. Should go much lower. $1235 is still possible for this month / early december.
Comment: TP2 reached.
Close long at $1284 / 2 short positions (1296 and 1294)-
Next TP 1250 / 1235 and if gold wants to go lower : $1210

AB=CD + Max TP for bearish Gartley


Maybe a red november for gold.
Comment: Range, Range and Range.
As long as, daily gartley is holding (H1 bear bat in yellow)
Comment: Bear Garley still active.
Likely shark to retest the low at $1259
Comment: Last update for this idea (need to create a new one for better view)
Close all short on $1246.
Started to long - Open 1245.5
Trade closed manually
Comment: Updated idea here ->

Related Ideas

Great job as always!
Reply
pixi AlphaDreams
@AlphaDreams, hey ;) thx bro !
Reply
Hi Pixi, your prediction seems to be correct. Gold is going down. Could you do more daily gartley? Really good job!
Reply
pixi AliceNguyen
@AliceNguyen, thx. I'm expecting a retracement from these levels (between 1245/1235)
Reply
You are playing the long/shorts with great precision. Great work Pixi.
Reply
pixi lord_kinbote
@lord_kinbote, thx ;), it works for now.
Reply
@pixi: Could you please clarify you are long or short?
Reply
pixi olegleo
@olegleo, hi! I'm long and short for now in this tiny range. Took some profit on short and long. I'm still not sure about the direction for the next few days / weeks. I have two scenario (this one, gartley at $1235) and the previous one, bullish, with $1350 target (idea closed maybe too earlier). So imho, both scenarios are still on table.
I understand that is not clear, because it is not yet clear for myself. Hope the next trading days we'll see a BO of 1300 or 1260 to play one or the other scenario.

Opened Position : Short 85 / Long 72 - Hedge

Stay tuned ;)
Reply
@pixi, Thank you for an explanation! Now it is clear.
Reply
I simply love your charts!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out