after a perfect triangle formation it is about time we short this B
XAUUSD has been showing bearish signals since the head was printed. The daily showed bearish divergences. The neckline has now been broken of this H&S pattern. Should be getting a re-test of the neckline once more (the red zone) before moving down to a first target of 1436 and then 1405. Good luck friends. This looks like a good trade to be in.
Shorted at 1535, now with inflating dollar we could see more downside. - Tp: 1453 - Tp2: Tentative - Sl: Trade at your own risk --> Next we want to look for possible retrace after this downward pressure. --> Followed by a push even lower as indicated in my Chanel on the weekly time frame. --> Stay informed with the latest updates by messaging me and...
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bearish bat @ xauusd. pink area (blue lines) is a good place to sell.
10:40 PM, May 5th 2019, If Gold Price reach the Resistant Level and pullback, it may be a signal for short-term downtrend. Then, in my trading view, it will be time for going short.
zone 1255 is the 0.618 fibonacci level of the surge in the last quarter of 2018,likely return to that area
Gold - Bearish - $1265 Confluence with Weekly Key Level.
USDCAD is showing some bearish mood right now following gold and maybe soon oil. Here is my TA, is my point of view I would love to hear what you think about it or just to know your point of view on the pair.
XAGUSD is testing its resistance where we expect to see a reversal. XAGUSD is testing its resistance 16.20 (horizontal swing high resistance, 61.8% Fibonacci retracement ,61.8% Fibonacci extension ) where a reversal to its support at 15.51 (61.8% Fibonacci retracement ,100% Fibonacci extension ) Stochastic (21,5,3) is also approaching resistance where we might...
Gold prices have been undeniably bullish on the daily timeframe . Prices have been respecting a healthy uptrend since early December when a solid breakout above $1,240 was achieved. With the precious metal repeatedly creating higher highs and higher lows, bulls are clearly in the building. Gold has the potential to rally towards $1,333 once a solid daily close...
Short on gold earlier as descending trendline continues to hold allowing us to trade the range down to low 1305 area
Believe it or not, it is just a matter of time before we could confirm that Gold has carved a major top at $1326 levels. The recent price action in Gold reveals that prices could be poised to print below $1300 levels if not further. With prices bouncing off from $1303 levels yesterday, it could be possible that a down gartley is underway before it resumes lower...