TheCryptoChartWhisperer

XAU/USD Gold Nut Cracked?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
test

How many licks does it take to get to the center of AU?
Comment:
Short Targets Above...Anyone Can Agree R:R Slated To WAIT for Short...
Comment:
TP 1 - $1460
TP 2 - $1405
Comment:
Previous Chart and Idea - Unpublished imgur.com/a/ilbaWQX
Comment:
Looks like we hit point E in magenta from chart linked above ^ what comes next will be most interesting
Comment:
I'm expecting a pullback. 1508 is closest target above. After that 1512, and 1518. For the last two targets we may have a re-test lower before we swing back up...let's find out.
Trade active:
SHORT 1517
Comment:
STOP 1550
Comment:
It is too early to celebrate. We did NOT hit $1519.651 for a double or triple top. We aren't done. I will take profit before we go lower than $1488
Comment:
Or you all can just hold your short and watch the possibility it goes right back up to where we shorted. Up to you. I like profit personally and the idea of shorting twice after reaching say target 1489...
Comment:
NXT Gen Analytics,
Closing Gold Short

NXT Gen Analytics,
Taking profit $1493.352
Trade closed manually
Comment:
Waiting to re-short 1519
Trade active:
Entering Long $1484.4, $1484.5
Comment:
MAX downside highest risk is we hit $1465. I hold missiles ready to launch if that happens I will continue to ADD to my long until we hit $1518->$1519.
Trade closed: target reached:
Closed Trade $1510.4 waiting to short
Comment:
Highest Risk I see will be 154xx so if we short 1519 and get dragged 20 points we need to be able to survive a 25 point swing in this short op.
Comment:
Waiting SHORT Opportunity XAU/USD 1519.6 EP -> Take Profit $1484.65
Trade closed: target reached:
TP1 Met
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.