shortgold

IhabMax

Hello Dear followers, I'm waiting the gold to reach 1340 zone to sell because many reason : - At this level the bat pattern will complete and the price enter PZR ( potential reversal zone ) - The price near the triangle upper side. - The RSI (relative strength index) indicates bearish divergence on The daily chart. - Wait there and don't rush to sell now ......

bigwashing87 Updated 

I see sell pattern on Gold. So i opened sell order on 1313.66 SL near 1321.50 because gold can make last higher correction. TP1 - 1308.50 RRR - 0.7 TP2 - 1305.60 RRR - 1 TP3 - 1297.50 RRR - 2.1 TP4 - 1277.00 RRR - 4.76 I do not hope that Gold will quickly reach TP4. But it really can and we need to know potential. And if gold and USDJPY has negative...

sxpremefx

SELL GOLD

Salmanmemon786

Gold Trading around 1292 after making high 1298 on Daily chart 1300 level seems very Strong where weekly Resistance level 1309.Sell Gold in Range of 1291-1303 with sl above 1313 TP1 1262 TP2 1242. If Trade 100 pips Green move sl at cost.

celibrik

Gold is playing triangle ;)

josephdahrieh

completing wave (4) near 1234/1239 will trigger sell positions towards 1120 an ounce as a first target. long term view: breaking below 1120 an ounce will target 900$ an ounce to complete wave (5) of (5) before turning north towards 1550/1600$.

yoCryptoManic

XAUUSD Technical Overview: Pivot: 1196.20 Key Resistance: 1200.55 - 1204.25 - 1207.89 - 1212.66 Key Support: 1196.20 - 1193.55 - 1191.89 - 1188.29 Day Trading Range: 1205 - 1188 Technical Indicator: RSI: RSI indicates upside bias with 52 level. Moving Average: SMA 55(1200.54) , SMA 100(1202.22) & SMA 200(1201.43) these all are major resistance for Gold...

yoCryptoManic

XAUUSD Technical Overview: Pivot: $1197.10 Day Trading Range: $1194 - $1214 Key Resistance: $1204.45 - $1207.29 - $1212.66 - $1218.89 Key Support: $1197.10 - $1194.22 - $1191.45 - $1189.56 Technical Indicator: RSI: RSI lacks downside momentum, trading above 50 level. Moving Average: SMA200($1198.94) & SMA100($1200.48) strong support for xauusd today. ...

yoCryptoManic Updated 

Technical Overview Weekly Pivot: $1197.67 Weekly Key Resistance: $1204.46 - $1208.66 - $1215.45 - $1223.43 Weekly Key Support: $1190.97 - $1186.68 - $1179.89 - $1170.09 Technical Indicator: RSI: The RSI shows to more downside bias, moving below 50 level. MACD: Macd having seller pressure with high volume. Moving Avg: SMA55 ($1198.29 Blue Line in above...

Memo_Mountain

Double TOP on Daily Chart for XauUsd - Short - This could be a nice Long Term Trade

Sabih123

Gold broke weekly resistance (strong res.) Expect to go down untill the next resistance.

Orro3790

Gold has made some interesting harmonic movements on the daily. Nearly 3 perfect harmonic movements (A-->B Retracement just barely passed the .61 level). We are overextended on the hourly, with declining volume, and approaching daily resistance levels. Short gold to .38 and .61 levels (C--->D retracement). TVC:GOLD

L.Z.T

will be looking for the short side on gold going into next week however if my upper levels dont resist price I will not be doing anything until we get a good rally on daily chart.

toedermal

short the gold exit point 1300 tp 1296 see this chart sell gold with rally

mayankmanro

time to go short on gold for short term

HutsonBay

Clean break lower which would suggest Gold has a lot of room to shift

LegendSum Updated 

so 5-5 wave was eaten . and super timing 21 or 26 d cycle show in this chart u will see this correction target is 1239 sl:1296 tl:1239

DemetrisDemetriou

Bearish Gartley at 78.6% or bearish bat at 88.6% of point D. Short once we reach 1304 price action. Note: This is on daily chart. It might take weeks before we reach 1304 or it might just take only few days.