place a instant sell position(scalping) while waiting for the buy zone below
Gold looking bearish on the 15 minute chart. Break of bullish dominance candle found. Looking to take profit at the 1.618 level.
There was a break of structure from the ascending channel that has been created some weeks ago. That makes me believe we are on a short term bearish move next week and would likely to test more Support areas. These are my possible sniper entries to short this market if it presents itself. And again please do your on research as these are not a signal and...
Hi Traders, Ending this week off on a big red after Thursdays crash, gold finding support around 1745. With Friday showing more buying pressure than selling pressure we would expect price to retrace slightly to around 1773 - 1780 before FOMC. This would give us a good area to short for the possibility of tapering starting on the 22nd of September. The...
I have been holding this trade since 1 June and still looking forward for more downside target which im aiming for 1471.00 lets watch and see how it goes :)
Gold looks like to make double top before going down, could be the target of 1692
Gold Must Give Us Major Pips This Week:::: Lol!!! ... Ideal Trade Indicated On Chart With SL Higher Highs... This Pair Has Been Destined To Fall Hard For SomeTime Now. Not Sure Why It Keeps On Making Higher Highs .... Maybe Waiting On News??? Regardless, Still Getting Sell SetUps & Taking Them For Few Pips If Trade Plays Out
As we can see in daily timeframe - weekly timeframe xauusd have a good power to bullish however we can see on daily timeframe that xauusd don't have Higher Low so this scenario might bring xauusd drop to 1809 if u have any ideas don't be shy to comment below !
A fall perspective to the as the market hits the 78.6% retracement level correlating with the same move as the EURUSD.
Engulfing Line which suggest bearish movement and indicators support a change in direction. Take at your own risk.
Been having an amazing run on gold this month and made sure to document everything on here. Big sell until support @1570. 4th time lucky? :)
PERFECT h Head and shoulder forming on 1 Hr Chart. Excited to see. What do you think guys.
Price consistently respecting dynamic resistance, sitting around 61.8 fib level, and showing clear bearish bias on higher timeframes with bearish market structure. Could anticipate potential impulse towards downside, price target of 1675
Looking to sell at 1831.45 Trading with the wedge conformation the selloff is close to an exhausting count on the intraday chart. 50% fibonacci level 1830.47 from 1876.07 to 1784.86. Resistance located at 1831.45 resistance could prove difficult to break down expect a reversal in this move preferred trade is to sell into rallies. Support: 1804.46 Resistance: 1831.45
In this potential short trade we are looking for the start of Wave (C). Only trade this if the following conditions are met. Entry: $1830 Stop: $1851 Target: $1744 Risk\Reward Ratio: 4.5 If price goes above $1851 before the entry level is hit then this trade idea is invalidated. Remember to use Disciplined Money Management Principles to ensure longevity as...
Option 1 under the flag will be DOWN and target red line (1840)and (1815) and Close at black line (1860) Option 2: above the flag will be UP target (1872) and close at under flag
If you are taking other peoples advice be careful! If you are doing like crypto hodlers and economists by extrapolating be warned! You will get burnt. In this video I give you some golden nuggets for free but most importantly I prepare you for what comes next. Please LIKE and FOLLOW to get notification of updates and future posts. Original Gold Short Idea...