Tom_Killick

#XAUUSD: Bears Around, Downside Expected!

FX:XAUUSD   Gold/U.S. Dollar
672 14 18
5 months ago
XAUUSD             has had some extreme weakness up at the resistance with a compelling shooting star just about hitting resistance to validate the level, and showing more bear candle afterward. I expect a move to structure bottom, a retest and a breakout of the entire structure

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5 months ago
Comment: Update- Due to the BREXIT fundamentals confirming, I negate this idea, as the dynamics of the idea have changed.
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Yahia.Awes
5 months ago
 
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Yahia.Awes
5 months ago
 
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Yahia.Awes
5 months ago
Weird, my chart isn't posted, the 4h candle looks like a massive hammer. I would not short today if the candle closes like this 40 min for the candle to decide.
+1 Reply
zhipengcfel Yahia.Awes
5 months ago
Short at the neckline 1278 should be a good idea with high h/h ratio.
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Tom_Killick PRO Yahia.Awes
5 months ago
Up to you and your strategy. Good luck
+2 Reply
Yahia.Awes Tom_Killick
5 months ago
Good fortune to us all.
+1 Reply
marcus123
5 months ago
1244 isnt out the question...
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PuvendranKokulan
5 months ago
I want to get signal for gold vs Usd. Im from Malaysia
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handosul PRO
5 months ago
Thanks Tom.
I closed profit during bull and then I open order short as your signal !
Have a good one~ Bro~ :-)
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Yahia.Awes
5 months ago
Was a clear long 4h hammer was confirmed.
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Tom_Killick PRO Yahia.Awes
5 months ago
Absolutely nothing to do with technicals anymore. Gold is fundamentally armed.
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Yahia.Awes Tom_Killick
5 months ago
Sorry it was pure technical, falling wedge, divergence, hammer. If that is not technical then what is technical? If you had drawn a channel instead of a wedge you would have seen more room up.
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Tom_Killick PRO Yahia.Awes
5 months ago
I didn't mean it like that. I actually meant that technicals hold less value when the markets are volatile. (In my opinion only).

And no, Gold moved due to BREXIT. The technicals lined up yes, but the impulse move was BREXIT entirely that caused this move. But yes the technicals were supporting the move.
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Yahia.Awes Tom_Killick
5 months ago
Allright.
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