XAUUSD Short H4 Update Based on (12.5.21 Analyst)
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XAUUSD market movement yesterday on inflation News Release is as likely to Rise!
Gold Didn't form a Higher Low Entry as we expected dropped downside to the 1815 zone after testing the H1 Resistance level of 1845! The Daily Trend is Still Bullish previous candle closing as a strong engulfing bar indicates some correction to the downside would come to the (1800-1790)zone, looking back on the H4 TimeFrame 1800 level key Swing point level Area with Fib 61.8retracement where the trend will complete AB=CD. There we can expect our next bullish move to the zone of1845-1875. Yesterday's setup to buy after forming of HL closing above in H1 Chart is invalid due to not forming HL as Predicted.
Entry For short would be around 1826(short term)
target around 1815 1800
SL will be at 1833
Entry for Long to analyst 1803
Target around 1845Tp 1 to 1875 TP2
Sl will be at 1788
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
We help all the traders who r not profitable and who had to face lots of problems with their financial statement and income.
We know cause we were there at some point!
thanks to all
We help all the traders who r not profitable and who had to face lots of problems with their financial statement and income.
We know cause we were there at some point!
XAUUSD market movement yesterday on inflation News Release is as likely to Rise!
Gold Didn't form a Higher Low Entry as we expected dropped downside to the 1815 zone after testing the H1 Resistance level of 1845! The Daily Trend is Still Bullish previous candle closing as a strong engulfing bar indicates some correction to the downside would come to the (1800-1790)zone, looking back on the H4 TimeFrame 1800 level key Swing point level Area with Fib 61.8retracement where the trend will complete AB=CD. There we can expect our next bullish move to the zone of1845-1875. Yesterday's setup to buy after forming of HL closing above in H1 Chart is invalid due to not forming HL as Predicted.
Entry For short would be around 1826(short term)
target around 1815 1800
SL will be at 1833
Entry for Long to analyst 1803
Target around 1845Tp 1 to 1875 TP2
Sl will be at 1788
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
We help all the traders who r not profitable and who had to face lots of problems with their financial statement and income.
We know cause we were there at some point!
