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GOLD (XAUUSD) broke down triangle.
CFDs on Gold (US$ / OZ)
Short
GOLD (XAUUSD) broke down triangle.
By Yuriy_Bishko
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Updated
Jan 22, 2019
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Jan 21, 2019
I will open Sell after pullback and fake broke near $1288
because:
- Price broke down triangle
- Daily candle close under it
After 100 like I will do all updates and will write S/L and T/P points it there will be an entry
Jan 21, 2019
Note
Gold bounced hit $1276
There will be new sell entry if daily candle will close under $1276
I wait on confirmation
Jan 21, 2019
Note
Next sell entry will be after break down of key level $1276
Jan 22, 2019
Note
Price bounced up from key level $1276
I wait when the price will come close to $1288 there could be a good entry point
Our basic scenario. Price come to key level $1288 make fake broke and 1hour candle close under it - that will be that best sell signal
Jan 22, 2019
Note
Also, Buy scenario
There will be a Buy signal if the price will break up $1288 and 1-hour candle will close above it.
That will be the best buy signal
Jan 25, 2019
Note
Chart Patterns
EURUSD
Forex
Gold
goldidea
goldtrading
Trend Analysis
Wave Analysis
XAUUSD
xauusdshort
Yuriy_Bishko
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