mahdisoltaninjad

GOLD (XAUUSD) | The last drop of gold🚩

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello traders, Gold In the half-hour time frame, we drew a rectangle from wave 5 from wave 3 to the 1800 price range, which is an important fibo, now wave 3 is over and we are now inside wave 4 or 5.
Wave 4 is more likely because wave 4 should hit the bottom of the blue canal and then move upwards (it did the same thing I showed with the green circle), of course this is not 100% but it gives us a better structure.
The end of the channel is tangential to the floor of the channel, ie the area where a is equal to c is exactly the intersection of the trend line and the rectangle . This does not happen if the price moves slowly and should be in the form of a pullback with a green trend line or finally Fibo 0.78.
If the previous floor breaks itself (wave 3 peak), we will be sure of this analysis, and we will also make sure that it is wave 5, but if it goes back and forth to wave 3 peak, we will have to re-examine the fine structure to make sure that Wave 2 was not for climbing according to the blue probability in previous analyzes.
Friends, if you are interested in putting a signal at the bottom of each analysis, write in the comments✍🏻
❤️Please, support this idea with a like and comment!❤️

Comments

I am going to sell now and buy at 1755, the one thing i am a bit cautious about is the amount of Us news that is forecast on Monday, i can see alot of Volatility... (more so than now) i am gong to trade cautiously and use a smaller lot size. i have seen unbelievable moves on gold at the exact time of the news releases and i dont want to have an heart attack again lol
Reply
mahdisoltaninjad allisonf8712
@allisonf8712, I agree with your sales trade, but to buy gold, it is better to enter into a deal after seeing the return candle (Hammer in h1 or h4) because the return area is between 1750-1730, so the best thing to do is to enter with a small volume after seeing the return candle and diverge. You can add price to your volume after 1810.
Reply
allisonf8712 mahdisoltaninjad
@mahdisoltaninjad, awww ok, so set a buy limit at 1750 with a small lot size and then I can always add to my trade on a pullback after 1810 ?
Reply
mahdisoltaninjad allisonf8712
@allisonf8712, Please let me know to increase the volume, so that you can enter the best points by managing capital and risk and get the best profit from this great move.
Reply
allisonf8712 mahdisoltaninjad
@mahdisoltaninjad, so sorry but I'm a little confused. What do you mean please ?
Reply
mahdisoltaninjad allisonf8712
@allisonf8712, Let me know whenever you want to open a new trade so I can guide you
Reply
allisonf8712 mahdisoltaninjad
@mahdisoltaninjad, fantastic, thanks. Do you do signals ? I would love to know the best entry for gold/usd. Is it correct that the higher timeframes are just for analysis ? I have been led to believe that because it's fractal, it doesn't make a difference as to which timeframe your on, (I mean the numbers are the same on each timeframe) I usually look at the 15 min or 30 min chart and then go through all timeframes to see if everything adds up.
Reply
mahdisoltaninjad allisonf8712
@allisonf8712, Yes, I use weekly, daily and 4-hour timeframe analyzes to market direction. If you need a signal, you can send me a message in private chat.
Reply
allisonf8712 mahdisoltaninjad
@mahdisoltaninjad, I know the harmonic pattern it is forming and I believe that around1755 is the best entry. Can you please expand on your comment please. I've been watching this for ages and it is definitely a reversal pattern. I want to capitalise on this as much as I can lol
Reply
mahdisoltaninjad allisonf8712
@allisonf8712, Tonight I will publish 4 gold and dollar index analysis in daily and 4 hour timeframes, it will definitely help you find the best entry point and you will have a better understanding of the price direction this week.
Reply