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elevatedinvestor

XAUUSD - Analysis for the week - 2.13.24

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
elevatedinvestor Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
Looking for short opportunities on gold from an intraday perspective this week. You can hover over colored pins on the chart to better understand the "story"

Happy trading!
Comment:
XAUUSD hit and bounce off of $1984 zone, the idea is that the buy orders in the red zone have been "soaked" up. Weekly outlook is still bearish, just waiting on a signal.

Currently week have a bearish bat / bearish deep crab appearing, I'm looking for a signal at UK close. Next target would be 1973.

IF A SIGNAL IS GIVEN!
(Prz + Divergence + manipulation move)

snapshot
Trade active:
Waiting for order fill:

snapshot
Comment:
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