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2618fibextension

04/04-2020: XAUUSDLets start off with taking a look back at this chart from October 2019: Heres how the weekly chart currenty looks: On the 4h timeframe red trendlines highlights both regular and hidden divergences appearing all over this market. ''C'' is a 261.8% extension that was followed by a 15% decline! Considering the huge drop, im expecting this trend to continue and another dip in this market is anticipated. A trade with stops above the highs targeting the lows would not be a bad idea IMO. Whats your view on XAU/USD? Share your comments in the section below Thank you for reading
OANDA:XAUUSDShort
by MikulovicFOREX
2
How High Is High Enough??SHOP Has just been on a tear, my goodness. I had this move marked out when it was flagging, had my buy marked at 125. Got distracted elsewhere, missed the buy, and now have just been absolutely kicking myself over this. What a run. My best estimate for a target sits around 428. May buy a put option at that point if it does in fact reach it, but I obviously don't wanna be short for very long in this name. If you have been in, congrats on the move. May wanna consider realizing some gains in the next 20 bucks or so of price action. Happy hunting and GLTA!!
NYSE:SHOP
by UnknownUnicorn1314136