Gold Short , XAUSUSD SHORT Gold Short , XAUSUSD SHORT
SELL XAUUSD (@ 1819)
Take profit 1 at 1811.50
Take profit 2 at 1808.50
Take profit 3 at 1803.50
Stop loss at 1822.00
Xausudshort
XAU NEAR FUTURE PREDICTIONS (4HCHART)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
XAU/USD IPA Sell PositionIPA at a lower area of price as well as a distribution schematic coming up for the LPS before a downside move.
GOLD - SHORT - SELL Hello everyone, Next week i expect gold to drop more possible 1756 as you can see, It formed DOUBLE TOP it broke neckline then retested it and I really could see drop tbh. Have a good weekend :)
XAUUSD NEED A CORRECTIVE WAVE I think that the market need a corrective wave after the retest at this remarkable resistance
SELL AT 1918 USD
That can happen with a high probability
Gold shortSold gold in 1910. XAUUSD monthly chart is overextended and in need of a retracement. My target is 0.38 fibo retracement on the monthly chart. Also the weekly and daily chart is indicating short. So, a good short opportunity in gold. I sold when fibo touched 0.618 on 4H and right now in short with 1:4.5 risk to reward. If anyone wants to sell gold then wait for a strong impulse to the downside then on correction sell gold or sell now which might be risky.
