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timmynorin timmynorin XAUUSD, 60, Short ,
68 0 1
XAUUSD, 60 Short
XAUUSD - Counter trend setup

-We've reached a price where several fibonacci levels confluences from different timeframes. -We have a historically strong support and resistance level. -At this current level we see a double top being formed on hourly. Depending on rules, there's also a big bearish gartley pattern completing its D leg at this level. Preferably, I'd like to see a break to ...

timmynorin timmynorin XAUUSD, D, Short ,
181 5 5
XAUUSD, D Short
XAUUSD - Daily rejections

My reasons for entry: 9 daily rejections, not counting the previous top 27/2 makes this case interesting. The inverted hammer after the double top formed tells me that we have a potential fall to the downside to profit from.

timmynorin timmynorin XAUUSD, 240, Short ,
134 1 2
XAUUSD, 240 Short
XAUUSD (4H) Potential short opportunity

Looking at the 4 hour chart we have found resistance at historically strong support and resistance zone. Price did not manage to close above 1234.00 despite several attempts. Right above us we find a 0.618 fibonacci retracement. Looking down at the hourly we also see a 2618, a double top (which also can be seen on 4h) followed by a 0.618 retracement after ...

timmynorin timmynorin XAUUSD, 15, Short ,
105 0 5
XAUUSD, 15 Short
Another try at GOLD - XAUUSD, Shorting bearish Cypher

Bearish Cypher completing below previous trend/pennant line. Although it has already been violated, it could potentially hold some resistance. Lets see if it, with the help of Mr Cypher, can beat the bulls.

149 2 7
XAUUSD, 240
XAUUSD 4H - Get ready to short with 2618

As USD trembles, XAU makes its path upwards. I will enter above 0.618 fibo (see chart). Entering late will give me a better risk to reward ratio, sure, it does also decrease my chance of getting involved - but I will live with that. Trend + structure were broken on the downside, which adds to the case with this 2618 trade. Order is set, lets hope we get filled!

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