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PCX_Assets
Sep 7, 2021 3:37 AM

XAUUSD is at a turning point, SHORT Short

GoldOANDA

Description

Gold is facing heavy selling pressure. If you know how to count waves, you should clearly notice the 9 waves up from 4 hour charts.

Plan 1: selling range from my chart
Plan 2: if Gold breaks up, but cannot rip through 1850, still short


Target range: 1800, 1780, 1760-1750..


Good luck!

Comment

People need to take "TIME" into consideration when trading. If shorts dominate at this pricing, the "correction" should take anywhere between 2-4 weeks.

Don't rush into trading just yet, watch and wait for confirmation and validation.

Comment

TP 1 reached at 1800
Comments
brentvaughn1025
Love it
joshuawoodcock
*your
joshuawoodcock
You’re definition of “heavy” is suspect 😂
PCX_Assets
@joshuawoodcock, future GC1!, market depth, selling pressure at 1830
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