GoldenHorsie

GoldenHorsie

XAUUSD LONG!!! Set TP around 1703. Enter when you feel happy, I believe best entry point is now at around 1675.

GoldenHorsie

Blue line = Entry (if you got it earlier, good on you) Pink line = Resistance point (may see some fall back here but don't worry) Green line = Set TP around here. I believe it will go to 1670 ish. For more signals please follow. This is just an idea through my analysis. If you don't wish to follow then don't. Capital is always at risk!

GoldenHorsie

From this analysis of the chart we can see that XAUUSD has been following a downward trending pattern. The marked arrows are confirmation points and entries in this downwards wedge.

GoldenHorsie

XAUUSD was in a range, and then it broke out of this range. A confirmed sell entry was at around 1778. TP was at 1754 and this has been hit. Currently waiting for another confirmed entry. (If you want trades like this contact me for more information regarding signals).

GoldenHorsie

XAUUSD has broken out of the sell band it made. It is now in an upwards trending market.

GoldenHorsie

As mentioned previously, there was a bearish trend and currently the candles have followed exactly that. There was a 'sniper entry' using these trend lines at 1806 and 1804. *Please note this is just an opinion and the market direction can change at any time.

GoldenHorsie

Looking at the trend-lines I have drawn, overall the trend is bearish. The upper line is the support and lower is the resistance. Using this we can predict that it should go up to approximately 1810 and from there it should fall creating a sell in which we would have entered using these lines to get that 'sniper entry'. Please note that these are predictions based...