REVIEW OF GOLD: MACD already told us the downward momentum is gone. RSI is Overbought All these telling me Gold is facing Daily Resistance. I will look into a small time frame to find. Any bearish pattern: Double Top, Pin Bar, Bearish Engulfing and short. Trade with care and use good money management. If you don't understand the setup please ignore the trade....
Gold Is about to go on bearish mode. I expect the turning point from the level it is now around 1303.60. Let See how this will play out.
XAUUSD 1H Structure break and pull back
The previous GOLD trade made a decent profit and now the price is pulling back. Pay attention to 1288-12917 area... Watch price action for reversal signal and ready to catch a short for a structure.
XAUUSD / INSIDE BAR BREAK DOWN
XAU/USD SHORT to 1290, then reverse, I feel 1300+ is coming soon maybe even 1400
Update on XAU/USD We are currently out of this trade with a huge win we believe a retest of the 1290-1289 area is coming soon and thats where we will be looking to re-enter
After a 4h correction let's see where this movement goes. It can drop a lot more, but Risk reward its pretty attractive.
Gold Target 1: 1280 Target 2: 1300 We have broken below the descending trend line, 1280 should be hit soon. I feel gold is still on a bullish rally and that we will be seeing 1300+ Shortly after we find support.
XAUUSD / LIBRA PATTERN
Hi there, XAUUSD is struggling for upside and pushing slowly for upside. Soon it will break down and will break down hard once it will break down then keep selling the XAUUSD all the way back to the bottom.
XAUUSD Completed Bearish Bat Pattern Trade with care. Thank you for your support