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sobhanjtn
Oct 14, 2023 5:34 AM

XAU Weekly - Bearish Short

GoldOANDA

Description

This Week we Say OANDA:XAUUSD was Super Bullish, But is It?
gold has Engineered Liquidity up and Down, I believe its going up to Hit Retail Stop loss and then Revert to go Down.
I have noted Levels that I am interested in Chart

Another Confirmation : If you Check #Gold Seasonality, Normally OANDA:XAUUSD is Bearish in October and November!

Disclaimer : this is Just Technical Analysis, You Should never use this information for real Trading, Do your own Research.

Sincerely,
Sobhan JTN

Comment

Well Second Liquidity Pool is about to be raided as Predicted, i just sit on my hands to see if there will be any sign of rejection up there

Comment

Comment

The New Down Trend is about to Start, I have Mentioned my Desirable Price Levels on This Chart :

XAUUSD to $1897
XAGUSD to $20.5
I don't want to see price goes up to $2013 Level again, That's my Stop loss for this Direction Anticipation.
I Don't Trade Long Term, I just Use this Idea for My Day trade.
Disclaimer: Please Do Not use this Technical Analysis for your own Trading with Real Money.
Comments
sobhanjtn
First Stop orders are hit :

I'm Still sitting on my hands, waiting for rejections
bhekisazi23
don't do it. gold is going to 2k and then 3k, I promise you.
EA_Systems
@bhekisazi23 gold will go down! Right now it’s just an reaction if the war around! Check the situation with ukrain war! Gold went down till 16xx!! It will happen again!
bhekisazi23
I see what you're saying but in this case, all I can say is let's wait and see. the overall trend for Gold has always been bullish. at what price do you think it's gonna go down?
sobhanjtn
@bhekisazi23, yes, that's what I'm waiting for, there is no 100% in Financial Markets, I just showed you the levels I was interested in, and as you see, XAUUSD got to those levels I mentioned in the Chart, but I am not Opening a short Position Right away, I have to see a Solid Rejection to enter any Sell Short, specially in this war Situation.
Sincerely
dodysenjaya80
back to 1800 or even 16xx ? in this war situatiion?
sobhanjtn
@dodysenjaya80, I am Bullish on USD :
that's what I see on Charts, I don't Know what will happen Geopolitically, But I can See with this War Situation, American Dollar can Gain value due to its Military Power. This Down Move can be like this Liquidity Purge for a Longer term Move From 2020 :
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