TradingView
CollegeofPips
Feb 16, 2021 9:25 AM

XAU/USD Might Be Smashed By Sellers πŸ”¨ πŸ”¨ πŸ”¨ Β Short

GoldOANDA

Description

β‹…
πŸ’‘ Trade Idea

πŸ“‰ Sell Limit XAU/USD @ 1825.05

🎯 Target Profit 1799.44

πŸ›‘ Stop Loss 1837.78

❌ Do not risk more than 1 % of your account on each trade

πŸ™‚ Good Luck !

Description:

The price is trading within a wedge formation in a β€œwave 4” as per Elliott Wave Theory. A higher correction might be expected and then a move downward to the 1799.44 mark.
-------------------------------------------------------------------------------------
Please press β€œLike” if you appreciate the trading idea πŸ‘
β€œFollow” for more trading ideas in the future πŸ‘€
β€œComment” below to share your thoughts with us and other traders πŸ‘₯
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by β€œcollegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Comments
InkyGrip
β‹…
thanks I like this analysis! πŸ¦πŸ’Ž
CollegeofPips
β‹…
@plancton0618, much appreciated
wbto
β‹…
Wizard's eye
CollegeofPips
β‹…
@wbto, thanks mate
More