Sell Trade set up If the Price reached 1700.00
As showing in chart. We see the bottom is near and the gold lose the momentum. And the price action in the candle stick is reversal pattern. Enjoy
look for an entry set up for a sell in Gold to retest the previous region of support. Proper risk management is critical
We continue with the continuation of gold for sale. now we could see a confirmation of this movement when doing the pulback in the resistance of the 1700. We hope that the first important objective is close to 1600.
XAU/USD SHORT OPPORTUNITY (4 HOURS):
Ladies and Gentleman. I have heard some of the greatest investors who have ever lived give their gold targets lately- and Gold hit pretty dang close. What I see now, after a failure to gain above the last high, is the potential for a violent, fast correction in Gold. Consider all zones with green dots at an important value area and target headed out. Especially...
Structure: downtrend Price is in a down channel Weak forces of buyers Expect: price continues to downtrend Target is in an image (bottom of the channel) - support zone 1650 Good luck
Good Day Traders! Here's the trade idea and do let me know if you have any questions! 💰💰💰 Simply following us and we will get you guys our latest updates FOR FREE! Go to the link below & hit the " FOLLOW " button right now ! 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com Our GOLD setup: Rules: 1. SHORT ONLY when price go above 1700 level....
Gold we have a great and potential opportunity. We could now go on sale, keeping a correct management of the capital, since it is very possible that it will reach the 1800s. Or wait. But the fall is imminent, we have strong resistance which combined with our patterns, should send the gold down.
Short between 1682-1692 SL @ 1704 TP @ 1660
XAU/USD SHORT OPPORTUNITY (DAILY): We may see an inverted head and shoulder formation on GOLD. Keep this thought in mind
For the majority of this week, gold was holding around the 1650 zone. Finally it presented an opportunity to for me to enter a short position, offering a 2.5:1 R/R. I targeted the 50 ema on the daily chart, as this was a reversal (counter trend) trade, which took profit a few hours later. Currently, the markets are extremely volatile due to the media reports on...
In the recent months china's wealth has been fleeing Yuan in the fear of virus contagion from cash so they have been acquiring large amounts of gold reserves from offshore deposits. These same people selling KG for the highest price will crash the market destroying China's economy the trade war has only just begun mark my words! Don't believe a word I say - Do...
Yes, i know you all have suffered a little loss as XAU broke the trendline mentioned earlier. Now here is your chance to SHORT! Watch out resistance area, SL above the trendline. TP can be 1540 and below. Short gold during daily spike! Happy Hunting!