newbie2016
Long

Gold Buy Setup

FX:XAUUSD   Gold/U.S. Dollar
527 7 18
10 months ago
Details on chart
10 months ago
Comment: Opposite option... Head & Shoulder Pattern formation on 4hr.

I am still long and taking risk..

snapshot
10 months ago
Comment: Gold confirmed opposite option of 4hr head and shoulder.. i have sell order triggered at 1234.. and buy will be stopped at 1228.
10 months ago
Comment: For now break of 1231 will target towards 1225
10 months ago
Comment: Another Sell scalp Trade with Stop little above 4hr candle at 1235.
Opened from 1231.5
10 months ago
Comment: Gold fallen below neckline support of 4hr Head & Shoulder.. My buy deal was negative but my other 2 deals covered all losses and now in profit.
Next target 1218/17
10 months ago
Comment: I closed my deal from 1231.5 with profit close to 1225 to cover loss of buy deal.
10 months ago
Comment: Gold with old supports and with trendlines. Gold short till now 1235 and only break of 1245 will change direction.. For now momentum is only sell..

Important data in Asian session of China.

snapshot
m4riovolp3 PRO
10 months ago
on daily chart, I see a Shoulder Head Shoulder - in XAUUSD... to that, take a look in DXY: if it raise up, gold will fall further
Reply
newbie2016 m4riovolp3
10 months ago
I am totally agree with you.. not on daily but on 4hr as well...

snapshot
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newbie2016 m4riovolp3
10 months ago
now fall below 1234 will be bit shaky.. but if it remain above then consolidation to upside.
Reply
m4riovolp3 PRO
10 months ago
imho, it is a high risk idea... don't forget - the trend is your friend. The market wanna see gold down to 1202 (+/- 5$). I can see here, how many LMT orders & future contracts are short... Nevertheless , try it: I wish you success and a lot of profits... :)
+1 Reply
newbie2016 m4riovolp3
10 months ago
I have sell order at 1234... and buy will be stopped out at 1228.. upon more googling i found that 4hr head and shoulder pattern..
Reply
trendlegends
10 months ago
same <
zoom +
+1 Reply
arif_awan
10 months ago
New Long and Short Scenarios for Gold.
+1 Reply
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