Late on Tuesday, US President Joe Biden expressed concerns about China's significant challenges, sparking fears about the global economy and a potential conflict between the US and China. These apprehensions have also prompted gold buyers to take action. Adding to this, the Wall Street Journal (WSJ) reported that the Biden administration is contemplating imposing...
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection....
XAUUSD formed candlestick pattern: Long Upper Shadow, Bearish Signal.
Break & Hold Below 1877, Cancel Bullish Medium Term Outlook. Turned to Neutral. Potentially Testing 1835 (MA 50 & 100 W) & 1785.
As a reference, You can also see my XAUUSD H1 bearish outlook www.tradingview.com
ABOVE 1660, BUY ON WEAKNESS.
Break & Hold Above 1998, Bullish Medium Term Outlook...
XAUUSD reversed and turned to neutral after broke 1948.
Then, quickly turned to bearish after broke 1915.
As I said in the previous idea,
"But, if Break below 1915, outlook bearish , open the way to target 1889 & 1877."
Now, XAUUSD still heading to 1889 & 1877.
Strong Support 1877, if break then cancel medium term bullish: medium term outlook neutral.
Break...
Hellooo...My Dragon Friends.
I see that have PINBAR candle Stick at GOLD.
and finish it going down.
Lets See
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