Shortxauusd
Gold monthly downside level is BROKENBecause of the broken monthly level line and it is already retested this level. I am directly bearish tonight on Gold , also because the dollar will rise and as i see on my weekly formation bar it is a shaved bearish bar which means it will go down.
Take profit around 1653.00
and stoploss 1683.00
You don't need to look hours to analyse this chart. It is simple and just follow your analytical and fundamentals
Have a nice weekend and nice trading week
React and share your thoughts what you think?
SEE YOU DOWN THERE 1500 LEVEL - SHORT GOLDGood Day Traders!
Congrats to those who made money following our calls! 💰💰💰
Simply following us and we will get you guys our latest updates FOR FREE! Go to the link below & hit the " FOLLOW " button right now !
👉 www.tradingview.com
👉 www.tradingview.com
👉 www.tradingview.com
Our gold setup:
First TP 1550 level
2nd TP below 1500 level
CL : closed above 1650.
RR > 5
Follow us Rule_no1 and get latest FREE updates !
“The key to trading success is emotional discipline” - Victor Sperandeo
DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
XAUUSD Falling wedge, C&H, short-mid && long analysisGeneral consensus on XAUUSD as backed by BB, KC, Volume, Fibo, the apparant falling wedge and consolidation then leading to what is now a clear cup and handle making a target short for XAUUSD apparant with also a mod-long term position in sight depending on your entry and position of course. [
Clearly investors are shaken up as a reversal on $GLD would usually indicate a lack of consumer confidence though it is clearly too soon to make such a distinction.
Targets for short, long && stop are present along with other indicators. DISCLAIMER: do not take this as investment / financial advise and make your own decisions when investing in anything: beit wallst or a dex (though clearly more volatile) investing comes with risk no matter what it is and you should always heed caution when doing so
Gold sell pattern. Sell XAUUSD right nowI see sell pattern on Gold. So i opened sell order on 1313.66 SL near 1321.50 because gold can make last higher correction.
TP1 - 1308.50 RRR - 0.7
TP2 - 1305.60 RRR - 1
TP3 - 1297.50 RRR - 2.1
TP4 - 1277.00 RRR - 4.76
I do not hope that Gold will quickly reach TP4. But it really can and we need to know potential.
And if gold and USDJPY has negative correlation - so USDJPY maybe go higher and higher.