Fxprotrader
Short

Gold: Breakout of Uptrend Open Door To Shorts

FX:XAUUSD   Gold/U.S. Dollar
7 months ago
Price in gold             has broken below a long term uptrend with a sharp impulsive move and it's now seems it's in a corrective structure having already formed waves A, B of a potential ABC correctice pattern. If price rallies and reach the previous broken level at the 0.618 fib retracement of the impulsive wave we should have the completion of the correction and a great opportunity to sell the market. I will update with the exact setup when it completes.

Like and follow for updates... Thank you for all your support :)
6 months ago
Comment: Altough price dropped as expected, i didn't join the ride as i was waiting a deeper correction. Now what i will wait for is a correction and after it ends i will sell gold. For those who are already in, you may add and trail to make this setup a huge one

snapshot
6 months ago
Comment: This analysis worked great. I posted a new one about gold. Check it out..!
Gold: Watch For Buy At Retest Of Long Term Uptrend
travelingpm PRO
7 months ago
Nice chart! What strategy are you using there? Signals looks good.
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Fxprotrader travelingpm
7 months ago
Thank you.. I use wave patterns
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MetalCruisers PRO
7 months ago
I believe well test 1332 one more time.
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MetalCruisers PRO MetalCruisers
7 months ago
before up to 0.618
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Fxprotrader MetalCruisers
7 months ago
Let's see
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MetalCruisers PRO Fxprotrader
7 months ago
Done.
GOLD / 500oz swing / Hedge trade
+1 Reply
MetalCruisers PRO Fxprotrader
7 months ago
Now I am looking for 1350-80-1400.
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Fxprotrader MetalCruisers
7 months ago
Well done mate.. Good luck..!
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RuhailKhan
7 months ago
Fxprotrader ,welldone
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Fxprotrader RuhailKhan
6 months ago
Thank you mate
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RuhailKhan
7 months ago
i am looking for MT4 EW Pattern indicator since long time:( but not sucess
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Fxprotrader RuhailKhan
6 months ago
i don't know anything about this mate, so i can't help.. But all these automatic patterns and systems do nothing but blowing accounts. Educate yourself, study structure and all these patterns will be in your brain :)
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BrayanRush
6 months ago
Do you think pullbak up until 1332.00 for sell again??
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Fxprotrader BrayanRush
6 months ago
Yes, price might retrace but to that level. If it retrace in a corrections i am selling the end of the correction
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BrayanRush Fxprotrader
6 months ago
Ok thanx I check it ! :)
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