PULEMokhothu

XAU / USD 1903.33 - 0.04 % SHORT IDEA * REVERSAL PTTNS & PRICE

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
HEY EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE,
AN IDEA ON THE GOLD METAL THIS WEEK.

* The metal has been trading in an ascending channel for some weeks now, seems we have entered some slowing down in momentum with the bulls.
- Short term the METAL has currently Rallied with an up trend as WE broke above on the 4h chart. hitting ( HH , HL ), looking for a reversal pattern seeing some formation of a H&S to an extend.
- Looking for SHORT entries on the METAL this week should all the rules of the formation be met, A break above of the marked structure and close CANCELS the trade.

lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE

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