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ProjectSyndicate
Jun 14, 2020 3:09 PM

XAUUSD H4: Accumulation TP BULLS 1800/1850 USD(NEW) Long

GoldOANDA

Description

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XAUUSD H4: Accumulation TP BULLS 1800/1850 USD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: XAUUSD 4hour chart review
::: strong chart / accumulation in progress
::: US Stock market correction 30% up next
::: Gold should benefit from the sell off
::: Record unemployemnt in US
::: Civil war in US
::: Stock market disconnected from reality
::: Only reason it went up is retail dumb money
::: Correction soon up to 30%
::: Gold PT is 1800/1850 USD within 4-8 weeks
::: so what do you do about it?
::: BUY gold from my level and make money
::: reload BULLS is near 1700 USD
::: TP1 1800 USD TP2 1850 USD
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLISH

Comment

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steep decline on 4hour chart. do not buy yet. I will post an update
later today/Tuesday.
Comments
ozdaro
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Let see how it gonno play out......Nice one
FrancisLassche
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Good job
Forexlivesignal
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Hello.Nice analysis.Here is my view on GOLD

Octaviavasilescu
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@Forexlivesignal, nice work
Forexlivesignal
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FrancisLassche
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Thanks
Octaviavasilescu
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Nice chart
Yuriy_Bishko
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Yuriy_Bishko
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@Yuriy_Bishko, agree with you
cryptolightfuture
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What about the C&H on the monthly??????
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