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Goldsell

XAUUSD BEARISH OUTLOOKGOLD spot instrument keeps falling with the increase of the interest rates in USA and strengthening the dollar. It is showing a consistent downtrend on the 4H graph and it is again under the levels of 1700, first time for five weeks. The instrument broke the daily support level at 1716 and keeps decreasing in price. Bears might look at a short positions with target 1672. RSI is below 30 and MACD histogram is below zero line. Alternatively, the instrument might return and test its previous support at 1716. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
OANDA:XAUUSDShort
by legacyFXofficial
GOLD – SPOT: Selling On RetracementGOLD – SPOT: Selling On Retracement Whilst Under $1787 - $1805 Resistance Area Price Action: Price moved lower from the Bearish Pin Bar Signal that had formed late last week (We did not consider trading this signal, nor did we mention it). Price moved lower from within the range of the Bearish Pin Bar Signal that had formed on Wednesday, August 10th (We suggested trading this signal in the August 11th members' daily newsletter). Potential Trade Idea: We are considering selling on a retracement higher whilst price remains under $1787 – $1805 short-term resistance area that coincides with the recent Bearish Pin Bar Signal that had formed on Wednesday, August 10th.
TVC:GOLDShort
by UnknownUnicorn393254
GOLD - RAPID SCALP - WE ARE KILLING ITHi Team, Please see linked post to see my big GOLD trade set up - it is running beautifully and is just a few pips from TP. If you missed out, we have a lovely scalp opportunity just now. Prices is descending, respecting 1H EMA and giving us clear price invalidation. Look for rejection from EMA and ride the sell down to at least our initial TP (1:10 ratio) and local structure TP2 (1:25 ratio!) Gold scalp is what I do best, so let's make some money. Good luck, trade safe, and please like/share and comment if you like what I do! DrBear
TVC:GOLDShort
by DrBear
2
GOLD: Bearish Pin Bar SignalGOLD – SPOT: Selling Whilst Under Prior Bearish Pin Bar Signal Price Action: Price moved lower from within the range of the Bearish Pin Bar Signal that had formed mid-last week (We suggested trading this signal in the August 11th members' daily newsletter). Price moved briefly higher from the recent Multiple Inside Bar Pattern that had formed early last week (We did not consider trading this pattern, nor did we mention it at the time it formed). Potential Trade Idea: We are considering selling on a retracement higher whilst price remains under the Bearish Pin Bar Signal that had formed late last week.
GShort
by UnknownUnicorn393254