XAUUSD SELL LIMIT 1285.095 SL 1300.137 TP 1251.023
Broke 1265.00? 1257.00 is the key! 1300 is the target which is the weekly resistance.
For several days, the Gold (XAUUSD) commodity has been on a continuous strong attack of bears despite the US Dollar weakness. The bear attacks has lead the commodity to break its daily ascending trend line within a single day. Now the question is whether the price will continue its downside or will the following days show that it is a false breakout? My Take...
READ THE GRAPHIC! Im expecting a downside move to 1237.00 and then GOLD is going look for new highs... Targets: 1237.00 short trade R/R 2.61 1278.00 long trade (long term) R/R 4.1 SL: 1267.00 LIKE AND FOLLOW Enjoy albx :)
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
This is not a investment advice. Take care.
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
I hold a point:Good charts does not more words to explain! Good luck!
Personal setup on XAUUSD I have been long since the break of the median line in the daily channel around 1205 area. I will be holding for now targeting the 1250 levels if we see a break I will open another position targeting at least 1280. Stop loss is already in profit so will let this trade playout over the week. I would not advice any new entries right now....
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
If the 100 SMA is crossing the 200 SMA many traders are talking about "death cross" - `cause the midterm investors starting to get under pressure relative to the longterm investors ... How ever, not only the big picture about XAUUSD is ugly - the short term picture inclusive :) 1188.10 intraday high while last FED press conference 1157.30 intraday low while...