Wave-Trader
Short

XAUUSD Expecting breakout of this flag

FX:XAUUSD   Gold / U.S. Dollar
Hi fellows. I am expecting break down of this flag very soon. Look for sell based on risk taking entry if you are not breakout traders although you can sell based on breakout as well. I am expecting continuation. Good Luck and thanks for your support fellows.
Comment: Price struggling at the top we may see breakdown with strong impulse.... Good Luck
Comment: Showing some nice price action watching it closely Good Luck fellows..........
Comment: As long as price will remain in the channel i will remain short on the Gold......
Comment: Gold resisting under the upper channel trend line i am still looking for bearish move to the downside..........
Comment: As long as price will remain with in the channel i am short on it here is the update. i still expecting impulse to the downside..............
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Comment: watch for breakdown.......................
Comment: Finally uptrend broken down, watch for trend continuation pattern.......
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Comment: Watch for breakout fellows........
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Comment: watch for strong impulse to the downside before sell......................!!!!!!!!!!!!!!!!!!!!!!!!!!
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Comment: Broken down expecting continuation Good luck fellows........................!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Comment: Hi fellows i am looking for short term upside. Please remember upside is going to be limited so care is required if you are looking for buy here is the update.......................!!!!!!!!!!!!!!!!!!!
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Good post. I think more optimal sell would be 1200
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@mrforex89, Yup it is very much possible mate.
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Good eye. I have the same view as you. Wish this would be a good trade
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I agree, I've preparing this trade for weeks. Lets see what happens with the dollar impact.
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Wave-Trader PRO antoniodepinho90
@antoniodepinho90, Good Luck mate..........
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Great setup. Thanks.
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it makes sense we'll see what happens
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Nice one! It starts moving now...
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Thanks for your sharing.
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Thanks for good trade! But what are we doing now?!
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I see this moving up to 1240 area (area untested after break) before next leg down. Look for signs of weakness in that area.
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do you think that channel will reach down trendline?
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Great idea, how about update today
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sl.............?
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Hmmm, keeping shorts is not easy especially when we see gold price going up. Lets see how it unfold. Hopefully it will break down the channel.
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Great charts and think you ,but;as soon as it's break,we enter short ,or should we wait for a pullback ? ??
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thanks
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Thank you for your update. Already short on this pair. Looking to add to it on this trend continuation pattern.
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Nice chart mate, what about silver, do you think silver already break out or GOLD/SILVER WILL GO different way?
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I was expecting the same. The break out in did happen but on opposite side.
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Are you still expecting a break to the downside of this structure?
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Would you mind doing an update on this chart ?
Thanks for all the other updates etc !
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it looks like the strong impulsive wave down has started...
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Thanks for yor analis!
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Thanks for you update on gold. Much appreciated
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XAUUSD - GOLD FED SPECIAL

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