Scalping strateg for GOLD ShortWell, later the Gold is explode the price, for me it's very interesting what the Gold make, so this is my simple proyection using my Izzi Money strategy, also, I have other more strategy that I want to created too
Gold-short
GOLD near probable final REVERSESo in spite of the fact that FED begin quantitative easing and rates are close to ZERO, GOLD has not significant increase, that point out to near final reverse and end of wave B. In addition number of BULLS in this market is enormous in comparison with BEARS, that is one of considerable features of the end of wave B. The third factor is that wave 5 in wave B is presumably triangle or wedge, that is much more possible at the end of the pattern.
GOLD possible double top, MACD & RSIGold could top out at its former top, forming a double one and drop down to 1680.
Supported by MACD and RSI on the 1H chart. It also seems to be the top of the current rising channel.
We can open a short position now and set a stop loss at 1750.
Gold-TAKE YOUR CHOICEI see strong resistance upward, possible correction to 1700. Sure to buy now? I have my doubts.
1hour xauusd 1hour timeframe down we go1 hour timeframe gold downside target with decent 80-90 pip stop loss entry 1730
XAU/USD: Sell order triggered We have around 1715 area a contraction in volumes
There's also a bearish divergence from one swing to another.
I am short and will be targeting the bottom of the structure as shown.
UK 100 desending chanelDescending channel be looking for a move to the downside once it set ups, but with a channel you have buy and sell options within the move
GLD -> 163?On the heels of the SPY seeing some uncertain days, I predict that the price on GLD will follow the monthly trend and float up to the 160s, and potentially even higher if the market dumps.
Goldy's last bearish leg to 1645Gold is doing exactly what it is meant to do and has been following the EW and Fibonacci rules on the dollar. There is one last bearish leg to 1645 and from there I will start buying this beauty towards 1780-1800.
XAUUSD, short to 1666. Bulls closed.Hi, friends. Today gold and we see next picture on hour time frame.Big volume of bears that don't closed. And falling open interest of bulls. And that not end after this bulls closing their positions! So i wait strong short to 1666.
Volume analysis thanks to X-Volume indicator. Link below. Levels thanks to X-Lines indicator. If you want to try X-Volume trial write private.
Is GOLD melting?It's pretty rare when I'm so convinced about a chart.
But GOLD seems to be a complete trap for investors that don't know anything about the market.
All the uptrend we have so far, is not healthy at all. Now this double top and all the divergences we have (4H and Daily) on RSI, MACD, etc.
We should see a waterfall, with a lot of people losing big, because they believed GOLD was the only solution to this crisis.
The same who believed it was the right time to buy OIL.
Gold Short Once Again? After I posted my short opportunity on gold, it smashed TP. I think we may see it continue to fall with investors selling off before the news release. a nice extended target now. With the harmonics playing out perfectly on higher TF's, I have managed to jump in and out all the way down so far. Lets see if it continues!
Lets get them pips!
Instagram: @millionaire.ttfx
GOLD - Daily - 1-2-3 PatternI don't have much experience or confidence trading this sort of pattern 1-2-3. So not going to be taking a trade, but wish to note it down as part of my back and forward testing of this pattern to see if it offers any edge.
Decided to publish in case if anyone out there is interested in this sort of pattern.
GOLD is going DOWN! by Captain ObviousGold is in a short-term? downward trend! Where will it end?
(whistle blows) conductor yells: "FIRST STOP 1676 me thinks!"
GOLD going short after rebounding on the monthly Up RangeGOLD going short after rebounding on the monthly Up Range (Wave & Fibo analysis)
Gold 15M Short Trade Price can retest the resistance + 50% retracement fibo + Trend , interesting configuration to watch :)
XAUUSD (Gold) potential long term sellFirstly, XAUUSD is near an all time high and has struggled to break through the resistance zone at 1742.290 in 2 occasions within the last 2 weeks. This has formed part of a market pattern that we know as 'M', meaning that if price breaks the trendline it could go down for a very long time. But another possibility is that price could break the trendline, re-test at the resistance zone and then go down (thats another market pattern). I'm not too confident with this pair at the moment because there is a possibility of it still going up, hence why I placed a potential entry at the blue line (1697.076). This entry was placed there because of what I could read from my different indicators. If it does sell, it will be long term with over 600 pips available to be made. But anything is possible in the market, so I advise to keep an eye out for this one.
