1910 XAUUSD short view on 4h chart , down to see 1205 again.
We were wondering if this signal could work. But we did not send it out.
EN: 1230 Pending order
SL: 1236 (60 PIPS)
TP1: 1212 (180 PIPS, RR>1)
TP2: 1206 (240 PIPS)
A chart like this 4H chart of GOLD usually will have lots of traders lost. So we do not have a new trade on it after that a long trade entered on 1189 with all targets hit.
Back on this chart, GOLD looks bull on 4h chart to us on current moment. 4H support is obvious. But daily chart does not support the idea yet. A perfect trade to long again should go after a certain number of Fibo correction.
GOLD AND SILVER are sharing a similar way most of time. And silver is signing a double top on daily chart, shouldn't you take that into consideration on the last trading day.
A pulldown to 1205 could probably give us a better entry to long again on daily chart.
Less is more, because you need b patient for the right entry and for your targets to hit.
This idea is marked as short because we want to see a correction on 4h chart .
And gold is bull to us on daily chart and wkly chart.
EN: 1230 Pending order
SL: 1236 (60 PIPS)
TP1: 1212 (180 PIPS, RR>1)
TP2: 1206 (240 PIPS)
A chart like this 4H chart of GOLD usually will have lots of traders lost. So we do not have a new trade on it after that a long trade entered on 1189 with all targets hit.
Back on this chart, GOLD looks bull on 4h chart to us on current moment. 4H support is obvious. But daily chart does not support the idea yet. A perfect trade to long again should go after a certain number of Fibo correction.
GOLD AND SILVER are sharing a similar way most of time. And silver is signing a double top on daily chart, shouldn't you take that into consideration on the last trading day.
A pulldown to 1205 could probably give us a better entry to long again on daily chart.
Less is more, because you need b patient for the right entry and for your targets to hit.
This idea is marked as short because we want to see a correction on 4h chart .
And gold is bull to us on daily chart and wkly chart.
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