Forex-gold
GOLD Sell Opportunity/IdeaGOLD (XAUUSD) Sell Opportunity/Idea. Gold has been on a bullish run, I expect a retracement around the 1400 to 1420 region
#GOLDThe time range is specified
Target is specified
Sponsored and specified
The pattern is broken
Important levels
Up trend
XAUUSD, Buy on M15.XAUUSD, Buy on M15.
- Continuous upward
- Above support
- Tendency: Strong upward
=> BUY
XAUUSD, Sell on H1.XAUUSD, Sell on H1.
H1:
- Broadening formation
- Break trendline on H1
- MACD H4: Divergence
- Below resistance
=> Sell
XAUUSD, Sell on H1.XAUUSD, Sell on H1.
H1:
- Broadening formation
- Break trendline on H1
- MACD H4: Divergence
- Below resistance
=> Sell
XAUUSD ( $XAUUSD ) Giving 3 Options! #Forex #ForexTradingWith Gold hitting key Support and Resistance zones with the combination of a Flat Top Triangle, it gives us 3 options, A break of Resistance, a consolidation into the triangle or a push to the downside breaking the bottom of the trend-line.
XAUUSD, Sell on H1XAUUSD, Sell on H1
H1:
- Double top pattern
- D1: Reversal candle
-> Pullback: Sell
XAUUSD, Sell on H1XAUUSD, Sell on H1
H1:
- Double top pattern
- D1: Reversal candle
-> Pullback: Sell
XAU USD Idea Head and ShouldersOk, so clearly gold got rejected on the weekly resistance, and now on a daily chart formed a shooting star. What I do expect is to form another shoulder and then continue it's movement down.
Perfect Short Set UpI used Fibonacci Time Zones and found a harmonic pattern that shows this is about to be bearish. Everything seems super accurate.
Feel free to copy my trade. I use a 1:5 Risk/Reward ratio.
Contact me if you want any help with trading!
