Hey All Fellow Traders, Teachers, Students,
Here We are Looking at XAU/USD Trading Under a H4 Timeframe Down Trendline! Within the daily time frame we have formed a Bear Flag and closed under 1900 support level , breaking us further down making a new pivot support around 1845 Price Area. With this new Momentum of Sellers coming on XAU/USD we can anticipate that Gold will slow down on its run up it started in the beginning of 2020. We will be more conservative and patient where we are still playing within a smaller Channel range indicated within the blue lines. Using these levels we can anticipate the drop coming, and will wait for a better setup/pattern to form; hence a Double Top right around the Down Trendline will be an Excellent Setup to Form! When the Double Top Forms follow the price action and use the previous support levels as the new Resistance where we can break down to Take Profit on 1st Target at 1820.
Boundless Regime enrollment is officially open!
Unsure about whether it's the right fit for you?
Well, tell me if this sounds a little like your current situation...
You don't have time to constantly search for the "Holy Grail" of Trading. Or the patience to analyze and search which strategy/pattern is the most profitable.
You see a new post on social media or youtube of a StockTrader closing hundreds of thousands of $ profit, hanging off the side of a cliff in Italy, or sitting at the bank of a waterfall in Thailand!
You aspire to be part of something BIGGER, a Greater Cause, Change Lives, Uplift Others.
What if you could learn and communicate directly with the people behind those results?
As the Founder and CEO of Boundless Regime, I Bring to You the Social Space, Education, and Framework to make this happen.
Here We are Looking at XAU/USD Trading Under a H4 Timeframe Down Trendline! Within the daily time frame we have formed a Bear Flag and closed under 1900 support level , breaking us further down making a new pivot support around 1845 Price Area. With this new Momentum of Sellers coming on XAU/USD we can anticipate that Gold will slow down on its run up it started in the beginning of 2020. We will be more conservative and patient where we are still playing within a smaller Channel range indicated within the blue lines. Using these levels we can anticipate the drop coming, and will wait for a better setup/pattern to form; hence a Double Top right around the Down Trendline will be an Excellent Setup to Form! When the Double Top Forms follow the price action and use the previous support levels as the new Resistance where we can break down to Take Profit on 1st Target at 1820.
Boundless Regime enrollment is officially open!
Unsure about whether it's the right fit for you?
Well, tell me if this sounds a little like your current situation...
You don't have time to constantly search for the "Holy Grail" of Trading. Or the patience to analyze and search which strategy/pattern is the most profitable.
You see a new post on social media or youtube of a StockTrader closing hundreds of thousands of $ profit, hanging off the side of a cliff in Italy, or sitting at the bank of a waterfall in Thailand!
You aspire to be part of something BIGGER, a Greater Cause, Change Lives, Uplift Others.
What if you could learn and communicate directly with the people behind those results?
As the Founder and CEO of Boundless Regime, I Bring to You the Social Space, Education, and Framework to make this happen.