TradingView
JM_UNION_FTS
Aug 30, 2019 9:55 AM

Red Alert $XAUUSD 30 AUG 1pm GMT+3 Short

Gold/U.S. DollarFXCM

Description

We Are In A Great Bull Market
Market Will Not Move In One Direction
Deep Correction Expected Before We Break Above 1800/OZ

RED ALERT WE WILL START A CORRECTION PHASE

I Will Break Down My Analysis Later

We Do Reach The Maximum Point Last Week , Correction Is Expected

Comment

We Start To Move Lower We Do Anticipate This Move

GUESS WHAT
We Still Have Further Move South You Can Ride It

I Will Break Down My Analysis To Lower Time Frame

Comment

US LABOR DATA DUE TODAY

We Have 2 Scenario

1- Positive Data Will Give Us Opportunity For Selling High Or Rally
2- Negative Date Will Trigger Our Mini Targets

TECH TALK XAUUSD 1H TF
The Major Ending Diagonal Has Been Break (Yellow triangle)
Double Top Has Been Formed After The Diagonal Break
Targets Of Double Top Pattern Placed Between 1480-1460

Our View Point We Think Gold Will Remain Bearish TO Test LVLs Near 1400

Comment

POSITIVE AND NEGATIVE DATE FOR GOLD NOT FOR DOLLAR
Comments
Bullandbeartrading
Great short view buddy.
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