XAUUSD 15min short this Monday - Long for swing traders
Today's Gold chart pattern indicates that its going short until next res/sup but its chance for going long after that is high and even if it goes down the green sup is gonna push it all the way to where it was and break and use our current res as its support to continue its upward momentum
This is 15 min chart timeframe if you swing trade then just go for long since its going for 2000 for sure and just hit it around 2100~
Gold at that point gonna do false break by going above the resistance point that was hitted in the last year and then its just gonna fake it by going all way short
Gold at its current point is aiming downward and its going that way until the 1st barrier ( Support rect )
Its gonna bounce like a dead cat bounce but then going straight down and squeeze itself between 2 short res/sup areas
Its gonna stay there and trade up and down in a small quantity but its break gonna go straight to the moon.
In conclusions to where you should trade
then its short currently until it hits green support zone
I know there are some waiting for it to go red zone then buy and close the dead at the bounce but its anyone's gussing game at that point
Not really but it can still be since the market is unpredictable
This is 15 min chart timeframe if you swing trade then just go for long since its going for 2000 for sure and just hit it around 2100~
Gold at that point gonna do false break by going above the resistance point that was hitted in the last year and then its just gonna fake it by going all way short
Gold at its current point is aiming downward and its going that way until the 1st barrier ( Support rect )
Its gonna bounce like a dead cat bounce but then going straight down and squeeze itself between 2 short res/sup areas
Its gonna stay there and trade up and down in a small quantity but its break gonna go straight to the moon.
In conclusions to where you should trade
then its short currently until it hits green support zone
I know there are some waiting for it to go red zone then buy and close the dead at the bounce but its anyone's gussing game at that point
Not really but it can still be since the market is unpredictable
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