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FUNTRADER-Vera
Jan 27, 2020 1:44 PM

2701 XAUUSD is waiting for signals on daily chart for 150 pips Short

Gold/U.S. DollarFXCM

Description

XAUUSD is building a potential selling position of a harmonica pattern.
This pattern could send price of GOLD down for 150+ pips.

Good luck on finding ur entry after confirming the selling signals/
LESS IS MORE!

Comment

Gold might not drop that hard before testing last high firs.

Comment

The daily signals for sell has not confirmed yet.

Trade closed: target reached

Gold found its support above 1560.
Following this idea to sell GOLD could make more than 150 pips.

Trade closed: target reached

And we also have a new trade to buy GOLD later, with 90 pips hit for 1st target in this Asia morning.
This is what a buy signal looks like for gold.
Comments
north01
bingo
FUNTRADER-Vera
@north01, BINGO.
InvestingScope
Spot on Vera. We are also expecting a pull back towards the 4H MA50:

FUNTRADER-Vera
@InvestingScope,
Same here.
Maybe GOlD cant pull back that much as we wished.
rima118118
thank you
FUNTRADER-Vera
Boon2
XAUUSD H4 Wave C Down (H1 Chart) Update.
FUNTRADER-Vera
@Boon2, nice.
BalticForex
Nice analysis.
FUNTRADER-Vera
@BalticForex, thank you .
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