after finishing triangular wave X the price moved nicely in an impulsive manner and stopped for a three corrective pullbacks, now its time again to take Gold into new lows that might target 100% Fibonacci expansion near 1416$ per ounce. risk to reward ratio for his trade is awesome since any daily close above 1495 will erase this bearish sequence. good luck
Quick Descending Trendline simple works Short gold at $1512 Stop loss at $1523 First take profit at $1485 Second take profit at $1447
Hey traders... I see a good sell opportunity in GOLD. Wait and sell if a breakout happens to the triangle from the lower side.
SHORT GOLD AT 1410 FOR TARGET OF 1390 GOLD is Bearish on Daily Time Frame
Gold is oversold on the RSI. Had a doji reversal last Friday. And HUI miners keep signaling lower gold. Anticipating a move back to 1300. JDST is near previous all time lows @ 29 from February If the Fed doesn’t deliver a rate cut Wednesday, expect gold to sell off
Apologies for the late Upload, we have only just joint trading view! We entered a short position on Gold @ 1341.51 SL @ 1350.09 TP1 @ 1270.00 TP2@ 1185.00 REASON FOR THE TRADE: MN TIMEFRAME - when looking at the monthly time frame you can see a clear false breakout, which has again been replicated, the strong resistance at 1342, was showing reversal signs and...
Gold is going upsides....next resistance is 1310.7, Is a very good R:R trade, so I will wait for price action before enter this trade.
Gold will likely to bounce off support....
zone 1255 is the 0.618 fibonacci level of the surge in the last quarter of 2018,likely return to that area
Gold looks very bearish along with silver. Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates potential support/resistance . Green line indicates t/p. Arrows indicate the overall trend This is a log chart. This chart is made using fib channels. This is not financial advice. All charts shown on my page,...
XAUUSD going up. But breakdown levels on 1277 and 1275.3 So i close buy positions and open SEL order on XAUUSD 1274.5 SL - 1277.3 TP - 1253.6 RRR - 1:6.8
DUST looks ready to fly. Wouldn't be surprised if there is a small, short-term pull back, but I also wouldn't be surprised if DUST just starts shooting straight up. All depends on how quickly GOLD falls to 1220.
This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not necessarily be a reason for the success of the structure or repetition. So please make your decision based on your vision . To protect capital and manage your deals and trading successfully the...
Gold broke trendline, will continue to drop down to support at 1304.00 hopefully. THIS IS NOT A TRADING CALL, ONLY AN IDEA