Gold-short
XAUUSD SHORT / CARTER PRODaily gives us a very clear story of the PA + the cycle of the last week and the structure of the D it delivers us a very pristine move. from Gold so to speak, i expect the next A to B move coming in to Met Lower Boundary ,
if we translated this picture to 4H and Intraday timeframes it can get a little bit messy so look for session breaks to get very clean entrys for the next week i really think we can roll this thing over.
520 Pip Move to Expect lets see what the week ahead gives us
GOLD short The price is in the resistance zone, the struggle between the players does not allow determining the direction, but the prerequisites such as declining highs and declining lows (local) indicate that gold is under pressure. I still hold that the price will go down. My goal is to support 1760
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: pullback from resistance And so, the price of gold approached resistance. Before that, gold practically did not react to the levels, now I think that the zone after the level is difficult enough for a clean movement, a false breakout and a rollback to support can be made
Remember, there is no place for luck in trading - only strategy!
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GOLD: short from resistance Gold fell just as easily, just as easily and rose, everything suggests that there is no resistance, no orders along the way. But now the price has approached a strong resistance level, at which there was a strong struggle a little earlier. I expect a fall from the level, as it is unlikely that it will be broken the first time.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Gold shortGold is bearish.it has two main levels.1787 and 1779.1787 is a better level. Then there is a probability of missing this trade from a good position.1779 is a good position.In any of the entries stoploss is 1790.The level for given in the last gold analysis was 1682 that is broken down now.Tp can be set at 1760
GOLD short The price is in a downtrend and there was a very strong downward movement over the weekend. In theory, after distribution, there is a consolidation and it seems to me that consolidation begins between two levels. Waiting for the fall from 1750 to the downward support
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
What's happening with Gold?Loads of people were demoralised on Friday 6th August 2021, when Gold took an amazing dip south. That was part of a 30 min trend switch.
But - as I always say look higher. Now strangely, I am actually bearish on Gold in the long run. However, the technical picture is showing something different on the 1D time frame. And there are conflicting trends on lower time frames e.g. The 4H is saying south is the probability.
The point is that you gotta pick a trend on a time frame and stick with it, win or lose - just make sure your losses are affordable.
So - the 1D time frame is showing a lovely theory of curves (TOC). This usually creates a probability on that time frame only for further movement in the leading edge of the curve (which is for the north). How far? How would I know? I don't own the future. If price falls out of the TOC and continues south on the 2h and 4h, then Gold could be in real trouble. This is also possible because watch the ATR trend switch on the Daily which is sharp and bearish. The 2h and 4h time frames live within it.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
GOLD short The price has moved down from the channel and is heading towards a strong level. It can be said that this is a false breakout only after the fact, so for now I think that the price will decline to a strong August support level
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD short to support zone The price is unable to break through a strong resistance zone. The price is in the selling zone and I think that bears will dominate in the near future and the price will fall. The goal is support
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: fall to support levelGold in the short zone. They could not break through a strong level, thus there is only one road so far, an exit from the consolidation downward and an impulsive movement to support - 1763
Remember, there is no place for luck in trading - only strategy!
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GOLD short from STRONG LEVELGold failed to break through the downtrend resistance and the horizontal strong level formed in November 2021. Consolidation below the level is a hint that the price will fall. Target - support level 1754
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: consolidation below the level. Short Gold is under pressure, they tried to buy the instrument, the struggle between the participants was quite long, it is still not very clear. Consolidation is below the level, there is energy, the price may fall further along the trend. The key point that interests a major player is support 1673
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments