Tom_Killick
Short

XAUUSD: Nice Area To Take Shorts, Few Things To Consider! #XAU

FX:XAUUSD   Gold/U.S. Dollar
851 14 13
Traders,

Nice shorting opportunity here, theres a few things to consider. There is a potential butterfly in play, which may give us profit taking targets in the future. Whether we hit these prz's or not doesn't matter, as the Butterfly pattern isn't complete and confirmed.

However if we are short and come to these levels, people might buy up these positions, so take note of the price levels on the chart for future reference if you have an interest in shorting this thing.

Regards
Tom
For more information on joining my private signals group or receiving professional online trading tuition, contact me here, or via email.

Youtube: https://www.youtube.com/channel/UCrKe1mbrc5cAj1BuuQNoyrA?nohtml5=False
sorinelp
a year ago
very nice, interisting!!! TK YOU
+2 Reply
Yahia.Awes
a year ago
might spike up
snapshot
Reply
Yahia.Awes Yahia.Awes
a year ago
I don't rule out 1162 before going down further.
snapshot
Reply
Tom_Killick PRO Yahia.Awes
a year ago
I think it would be extremely unusual, at this point, to turn around and test the last higher high.

Tom
Reply
Yahia.Awes Tom_Killick
a year ago
All smaller timeframes showing bullish divergence.
Reply
Tom_Killick PRO Yahia.Awes
a year ago
Pullback could happen, who knows. But test of higher high, doubt it.
Reply
Yahia.Awes Tom_Killick
a year ago
Time will tell, depends on how fast the rising wedge is tested. The longer it takes the higher the retest could be.
Reply
Yahia.Awes Yahia.Awes
a year ago
As I told you, too early to short... Look at the weekly candle, omg!
Long Gold at support, at least I give it a shot
Reply
Tom_Killick PRO Yahia.Awes
a year ago
Too early to short mate? Lol. If you look, I made a fortune, and my target was hit before the price rebounded, therefore I not only predicted and profited from the down move, I also correctly predicted the level where price would come back up as well.

Tom
Reply
Yahia.Awes Tom_Killick
a year ago
Good that you monitored well, some traders lost a lot on shorting gold there.. Weekly hammer is not a joke anyway.
Reply
Tom_Killick PRO Yahia.Awes
a year ago
Yep, as I always say, get in early, or not at all.

Tom
+1 Reply
Yahia.Awes Tom_Killick
a year ago
Exactly I also counter the trend, they call me crazy but it is good to bank money while others calling you crazy and then regret that they not entered :D
snapshot

This one I posted in Gold chat, voila!
Reply
Tom_Killick PRO Yahia.Awes
a year ago
Nice chart there, and yes, swing trading is the best method of trading in my opinion. With samurai tactics with price action.
+1 Reply
Tom, check out gold/silver ratio...tell me what you see. ;)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out