Xausdshort
GOLD before going up that what happen for now now correct time is begin before going up what am think
XAUUSD PART 2Following preview set up, i will expect gold to reach the 1466/1467 area creating a new H.L, to continue its downtrend creating another L.L :) I SEE GOLD GOING TO THE 1455/58 AREA
Gold ShortWe recently saw a strong impulsive move to the downside resulting in a break of wedge pattern. Price is currently consolidating and is showing rejection from broken trendline and 0.382 fib level. We are targetting a full retracement of trendline.
0423-XAUUSD Analysis
XAUUSD
Gold would probably downward to 1269~1267 today, so try stay in short side.
1277 is the relative defense of short position, if gold can't rise above 1277, then continuing short gold without doubt.
Have nice trading day:)
0412-XAUUSD Analysis
XAUUSD
Gold reveal weakness due to mass downward and break uptrend-line yesterday.
Asia market retest 1290 and have little rebounce to 1294, it give us a chance to short gold before Euro market open, however, the best condition is that gold stop and continue to drop at 1294~1295.
Once gold rise above 1296 it's not in a good shape to short side.
As we can see about daily chart of gold, it is in a final stage of consolidation pattern, thus it would present clear trend to market in following days.
Support: 1290 / 1288
Resistance: 1294.5 / 1296.5
Short Gold - Day Trading - Risk:Reward 1:3A beautiful opportunity has presented itself with XAUUSD.
It has broken the 50 ema on the 1 hour chart and as it keeps losing support, we can expect it to drop further to anywhere near 1190.
*The move is canceled if the 50 ema on the 1 hour chart doesn't hold as resistence.
This is a day trading move. Risk 1-2% max.
Trade safe!
XAUUSD - Bat Pattern Completed on H1 ChartI am late for this bearish bat pattern, hence waiting for retest.
R:R at 1.4 (TP1) and 2.3 (TP2).
Good luck.
