My Trade on Gold TodayNo explanations needed, just a trade i did execute earlier this morning, and my strategy works out !
Xauusd4h
Gold its not in a bullish flag!Gold changed trend since it topped in August, every weekly candle upside we have makes a lower top than previous ones, this is perfect example of change of a trend, meanwhile every upside move is rejected with bigger downside
DXY also still making a lower high since 2018, we will have a last upside move from dxy before it truly dies, target 110-120 , which will make gold fall to 1200 usd lower
Also retail traders keep buying every dip on gold, just a matter of time before a bigger drop now
Sell every spike up with low lots, hold till target 1200, you wont regret :)
Gold long, maybe?Looking at the patterns looks good to maybe create another curve. Pattern is quiet bullish.
You don't need to take this trade but feel free to follow it.
Im new to trading
What do you all think?
XAUUSD Long IdeaXAUUSD Long Idea
Key Level
Global Uptrend due to Stimulus Deal
Local Correction from Low
You will learn the best place where we can trade this instrument at low risk.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to our strategy.
Note- Our Last Idea on #XAUUSD_Short worked fantastic.
Thanks!
XAUUSD - What to expectMy Expectation for Gold for the coming week is obviously a Sell, But remember we can only follow Price and not lead it...
All TakeProfits (Orange Lines) are based on Daily Support and Resistance
Will only Take a Buy and Sell based on Price Action. Goodluck 👍
XAUUSD still not bullishhi there, xauusd wave 2 almost getting completed expect another sharp drop to 1700 area
Watch price action for short
Good luck everyone
XAUUSD BEARISH 4HWhat a beautiful descending channel, just a good opportunity to sell this beauty and take your profit, if it breaks up the channel this idea would be failed though.
XAUUSD 25/11/20 IDEAIMO if during LDN gold breaks 1800, could go as low as 1770ish if it doesn't and breaks out back above 1813-1816 i reckon it will then begin the uptrend but may not have enough power to plough through all the resistance levels still has potential though, ill be keeping an eye on 1826, 1845, and 1880 and if it manages all those 1900s en route...
Drop your thoughts and any advice you may have!!!
Gold could have a major reversal to the downside from hereFirst RED 4HR Volume spotted after so much green, etc. I expect some retracement or a major pullback, goodluck.
