XAUUSD: Sell Signal Short

GOLD / U.S. DOLLARICE

Description

⋅ Mar 5, 2020 12:11 PM

Pattern: 0.618 Fibonacci retracement on 4H.

Signal: Bearish as the pattern appears to be repeating the similar January retracement sequence.

Target: 1600 (expected contact with the 4H MA200).

Previous Sell Signal:

Comments

Candle_Styx

⋅ Mar 5, 2020 12:31 PM

thank you! if gold has a sell signal.. BTC should too right?

SharingProfit

⋅ Mar 8, 2020 8:40 PM

Thank you very much for your view. Please tell me your thoughts on my current gold outlook!

Dave-FX-Hunter

⋅ Mar 6, 2020 3:12 PM

I think now it will drop

stuartmimu

⋅ Mar 5, 2020 4:03 PM

Good job

KeepItsimpleTrading

⋅ Mar 5, 2020 3:43 PM

Sorry, but its not looks bearish...not saying that could no happen, but you have a very strong bullish bar very near on your left..

GoldBasis

⋅ Mar 5, 2020 2:48 PM

You might be correct, but I don’t like this idea. Don’t trust FIAT.

wealthy27woman

⋅ Mar 5, 2020 2:35 PM

Bad call

Goldensniper92

⋅ Mar 5, 2020 1:57 PM

Btw, what is your SL?

Goldensniper92

⋅ Mar 5, 2020 1:48 PM

Good job. Hope your analysis is correct.