Goldsellsignal
GOLD - SHORT; SELL it!At first sight this may be is somewhat counter intuitive at first (amid the anticipated equities decline + the massive short on the Dow/Gold Ratio) but really it is not;
1) Charts (price action) don't lie;
2) The true (reliable) Safe Haven is still the Yen - JPY; (Likely more than before?)
3) Forced liquidation in the equities (and similar events) will put pressure on the PMs, even if it is only temporary;
4) The Gold/Silver Ratio;
5) Feel free to make up your own reasons.
The Gold / Silver Ratio
GOLD (XAU/USD) SELL SIGNALHey tradomaniacs,
welcome to another free trade-setup!
NOTICE:
Very risky trade as GOLD can be unpredictable in this market.
Trading against a strong trend is always risky but technically I see a nice chance for a daytrade here as I expect a continuation of the correction.
Market-Sell-Order: 1931,50
Stop-Loss: 1951,50
Take-Profit: 1897,25
Stop-Loss: 201 (2010) pips
Risk: 0,5 % - 1%
Risk-Reward:1,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GOLD SELL OR SHORT TARGET IS $1640GOLD today closed the confirmation outside a Rising Wedge at frame 1d, so the principle will apply, it will go down !
GOLD SELL : $1703 - $1705 .
STOP LOSS : $1712 for margin .
STOP LOSS : $1722 for investing long term .
Wish you good deals!
GOLD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Notice that we`ll get to see the NFP`s today which make this trade even more risky!
Market Sell: 1719,00
Stop-Loss: 1728,20
Target 1: 1712,60
Target 2: 1702,70
Target 3: 1696,35
Stop-Loss: 900 pips
Risk: 1%
Risk-Reward: 2,43
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
XAUUSD SELL CONGRATULATIONS those who took my sell signalcongratulations if you took gold sell went as forecast yet again few hours after market opened...check my tagged analysis below for the previous sell
dont forget to follow me for more sure analysis
GOLD Robust Pullback To 1600| Correction| 24th February 2020Hi. Welcome to my trading diary. This is the diary where I collect data, making research and analysis towards some observation of several instrument. Today I would like to take time to publish some important highlight of the XAUUSD Gold price for the last week trading activities.
60 minutes chart observation (1 Hour)
At the seventh 7th bar stick, we all witnessed heavy volume and the price rejection start from the highest high of 1649 to 1643. The bear trader start to defend before the price reached 1650 and that is final! If the price went to touch 1650 or break above the 1650, we can say bye-bye to 1600 as the price will move higher towards 1700. This can be done and the bear traders stand their ground to defend the 1649. Congratulation.
120 minutes chart (2 Hours) observation
The highest high has getting weaker and lower. This tells us the price is moving downward as the bear trader getting control after has lose fight on the recent heavy volume between bull trader. I have recorded the price was so volatile at that time until you can scalp trading in a very short time to gain profit. That bar chart was a ROBUST SUPPLY . If I tell you something, you guys might not even want to believe as this bar can lead the price on what you see on the screen from 1643 going back to 1600 or perhaps to 1590 to where it all started of all this chronology in the first place.
3 bar of robust supply with a hammer??? The last bar of the closing day last Friday has no rejection of price movement to the upward as bull trader has losing power of momentum to push the price above 1647 and ended up to 1643. That is the agreement to close the trade of the week.
180 minutes chart (3 Hours):
If you open the chart on this hour, clearly described the potential bearish movement. It is formed to alert us through a couple of price action that has been starting. This is the beginning stage and you guys are very lucky to see it and perhaps maybe to ride the bearish trend next week Monday 24th February 2020.
Bar 1. O: 1637.76 | H: 1649.34 | L: 1637.15| C: 1643.15
Bar 2. O: 1643.40 | H: 1648.49 | L: 1638.40| C: 1647.69
Bar 3. O: 1647.67 | H: 1647.90 | L: 1642.72| C: 1643.40
I have been record those bar for the 3 previous period and I am very shocked that this is to be the price closing on Friday 21st February 2020 tells us that the bear trader is moving to collect a some power to push the price down. To restore that momentum, they pushed the price slowly and gather the volume to make not so drastically but for sure in order to remain the bear fellow traders to join that the price on 1643 is the right price to defend. Bear trader engulfed the last remain momentum power left by the bull trader on 1647.
Conclusion: 37 -49 -43 -48 -47 -47 -43. As you can see, this number is the force change hand from bull to bear. Before the change hand begin, bull trader must get weaken in order to surrender the forces to bear trader. If not, this will be the consolidation period which trader is advisable to leave the trade. This is will be the tweezers of an uptrend. Eliminate the gain.
If you see the recent 3 bars, on the 1 bar itself shown the heavy volume. What does this mean? This bar 1 tells us the fighting process between Bear and the Bull trader to defend the ground or to attack the price to go higher. At last, the bear trader won the price on the price battleground and let the bear trader conquered the price starting from 1649 to 1643. Whether this is a valid tweezers on the 180 minutes, has to be confirm by this Monday 24th February 2020.
WHAT IF... This is false signal and continuation?
If you looking towards the chart, the volume in the confirmation. After a very heavy volume, there will be only one winner. Either bear trader or bull trader. Pull back the 60 minutes chart (1 hour). See the last 4 bar stick from the last. On the 3 & 4 bars, it is the tweezers. Gain elimination. On the last 1 & 2 bar, the bull trader cant push the price upward. Instead, bull traders push the price down. That is the confirmation for the bear traders to take over the price battleground and checkmate the trade on 1643.
If you ask for my opinion, I would like to hold the SHORT/Sell the gold from 1643. I am looking to the price of 1600 or maybe worst 1590. Perhaps I will close the profit on 1600. This put the gold state to highly oversold and the uptrend has come to an end. I would like simply to say this this is just a correction or pullback. For long-term, only support the gold purchasing. If anyone of you guys already held a buy on gold, retreat the trade and put sell/short. Better to ride a band wagon for this pullback from the start and the start has just begun yesterday Friday 21st February 2020. Welcome back home 1600!
Hypothesis
Why trader bought gold and just to be like a buying frenzy gold? This is because the uncertainty towards the China coronavirus. The more disease increasing, the more poeple/trader buying gold. As you check the news now, despite the risk of spreading China have to make their economy work. The death tolls increasing but instead last week China announces they will put all the sector back in operation, this is the chances for gold to make it a discount price so that we can buy the gold cheaper. I mean 1643 price per ounce. Are you crazy? This is expensive. If you buying into physical gold, then you have to buy to. Sooner or later this year, gold will increase anytime up to $2000 dollar. Please let just give us a bit more discount so that we can purchase physical gold a bit cheaper-lah! After 1600 reach, please buy physical gold. Quite expensive but the gold price will not comes back to $1000 an ounces y'all. What to do?
The more the FOMC FED decided to decrease interest rate, the more people/traders will purchase gold. People will only invest or would like to invest only if the country raise interest rate. From 2% to 1.75% is enough to make investor to pull their money and invest to gold as safe heaven. This is because rising interest rates make stocks, government bonds and other investments more attractive to investors. You cut the interest rate, easy. People put money towards gold. What else if you want to put your money if not gold? Gold can be investment, securities or asset.
Article by Zezu Zaza
XAUUSD SELL PERFECT ANALYSIS HEREMost difficult task was to put wave 3 correctly. Finally i figured out it correctly. This could have gone complete wrong if I have putted wave 3 at the place of wave 5. We have caught this trade at most perfect time. This is gonna fall like hell. We will see all the D1 candles all red until it breaks below wave (a) or all red candles to atleast 1500. Gold has completed 12345 & (a)(b)wave. Remaining part is explained at the left side of the chart. Thanks to Sir Elliot we are predicting this chart. You can search for expanded ABC pattern to get confirmation.
Hit like button if you like my work.
Gold Party Is Over?triggered with geopolitical risks , gold made a spike up and hit the price of last 6 years high.
possible big pullback from these price levels if fundemantals support it .
GOLD: Swingtrade-Opportunity#SELL S/H/SHey tradomaniacs,
welcome to another free signal of WEEK 38 Nr. 11
How to trade: We need to wait for the market to trigger the S/H/S-Pattern.
Wait for the break below the neckline and sell the rejection.
Type: Swingtrade
Sell here: 1487,68
Stop-Loss: 1514
Target 1: 1445,73
Target 2: 1419,66
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Gold Short Setup!!Risky Trade
Finding Hard to Break 1508$ mark.
Short term Scalp
TP1 -1501$
TP2-1493$
Stoploss- 1511$ above
Gold Technical Analysis: Touch 1264/1260 Level GOLD Breakout 1270 level now touch 4 month low support zone. gold breakout daily 200 ma 1274 level and GOLD touch another support zone weekly 200 ma and 100 ma 1265 level break this then touch 1260 level .
*** So GOLD buy position is 1258/1250 Area this the best opportunity for buy GOLD target 1274 / 1284 level .
News:
======
1. Wednesday’s not so dovish FOMC statement continues to weigh on the commodity.
2. US-China trade optimism dents safe-haven demand and adds to the bearish pressure.
3. A subdued USD price action does little to lend any support or stall the ongoing slide.
4. Falls to over 1-week lows, further slide to $1260 area now looks a distinct possibility
5. Meanwhile, the overnight slide confirmed a bearish break through an important $1278 horizontal support and hence, the ongoing downfall could further be attributed to some fresh technical selling.
Technical View:
==============
Pivot (invalidation): 1278.00
Our preference:
Short positions below 1265.00 with targets at 1260.00 & 1250.00 in extension.
Alternative scenario:
Above 1278.00 look for further upside with 1280.00 & 1284.00 as targets
Daily SMA100 1293.27
Daily SMA200 1252.88
Previous Weekly High 1288.75
Previous Weekly Low 1265.6
Previous Monthly High 1310.7
Previous Monthly Low 1265.6
Daily Fibonacci 38.2% 1278.73
Daily Fibonacci 61.8% 1281.96
Daily Pivot Point S1 1270.6
Daily Pivot Point S2 1265.21
Daily Pivot Point S3 1256.91
GOLD XYAB Pattern, Short SignalGold has a xyab pattern and bearish breakout from support.
Profit Targets:
1284.80
1281.70
1276.40
Stop loss:
1295,5
Have a nice day,
Berk
Gold not holding above strong Resistance 1236Gold Trading around 1228 level Where its holding its Strong Resistance 1236 and weekly Resistance 1242 level and news also a head if hold below that level we can see a drop toward 1212-1200
Advice to sell in range of 1228-1237 sl 1244 tp 1212-1200
