anilmangal

Gold making a corrective structure

FX:XAUUSD   Gold / U.S. Dollar
5646 18 166
Posting on request . Looks like the correction is in the C wave down , this could be an expanding flat or a running flat . I would not be trading this until I see a clear setup.

Tread with care.
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
thanks for support and attention
+1 Reply
anilmangal TOP TheCapitalLand
You are welcome
+1 Reply
Thanks anil I want this badly
+1 Reply
anilmangal TOP Zohaib_Malik
Let's see how it goes
Reply
I agree with you, am short as well. I'm looking for 1170 min target.
snapshot
Reply
Thank for sharing
Reply
I love trading gold Anil, but to be honest, I am seldom successful.
I won't give up though. Will check the charts first.
Reply
~1194 seems like a good first target (0.382 fib retracement). Then 1170 as a second target (fib 0.5). After which I would try to go long for what could be a very impulsive wave 3 on the daily/weekly timeframes.

snapshot
Reply
anilmangal TOP jbourgault
Thanks for sharing
Reply
Currently it is floating around the 1231-1236 area... do you think it will spike down soon?
Reply
Zohaib_Malik larsindrumz
still can see 1250-60
Reply
larsindrumz Zohaib_Malik
So it will go to 1190 first and then 1250-60?
Reply
HI
Anil love your charts and info, looks to me hour chart small a,b,c back to 1250 then equal measure on the wave c take us to around 1196.
+1 Reply
Thank You Anil and pls keep us updated
Reply
Very good potential in this one, thanks Anil.
Reply
Ok. Thanks Anil
Reply
Hi! =) I Sell Gold at 1228. I didnt expect the impact of FOMC yesterday night in whhich the gold market bull up 3000pips++. In your opinion, should I cut loss or hold for a Sell? Sincerely looking forward for your valuable opinion. Thank you. =)
Reply
Big hat tip to animangal for the running flat call. Well done Sir!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out