Xauusdshortsetup
XAUUSD Bearish Sniper Entries for Next WeekThere was a break of structure from the ascending channel that has been created some weeks ago. That makes me believe we are on a short term bearish move next week and would likely to test more
Support areas.
These are my possible sniper entries to short this market if it presents itself. And again please do your on research as these are not a signal and just my own analysis for my own entries. Feel free to comment
and share your own ideas as well.
Cheers! OANDA:XAUUSD
Gold Short Swing Potential Hi Traders,
Ending this week off on a big red after Thursdays crash, gold finding support around 1745.
With Friday showing more buying pressure than selling pressure we would expect price to retrace slightly to around 1773 - 1780 before FOMC.
This would give us a good area to short for the possibility of tapering starting on the 22nd of September.
The Dollar has been very strong over the last few weeks and with inflation on the decline, jobs opening up as well as jobless claims on the decline it seems promising that we could see gold make a new low breaking the 1676 mark.
This would give another very good opportunity to swing long from a good price before Covid Delta impacts the economy.
Resistance on the 200MA as well as a defined downward channel still gives us indication that we are short Gold, it's down until it's not down.
This could be a 1:26 R:R trade, please trade with caution.
This is not financial advice
TH from RT_Trading
Gold (XAUUSD) Sell Trade (My View)Gold Must Give Us Major Pips This Week:::: Lol!!! ... Ideal Trade Indicated On Chart With SL Higher Highs... This Pair Has Been Destined To Fall Hard For SomeTime Now. Not Sure Why It Keeps On Making Higher Highs .... Maybe Waiting On News??? Regardless, Still Getting Sell SetUps & Taking Them For Few Pips If Trade Plays Out
XAUUSD. Short setup Looking to sell at 1831.45
Trading with the wedge conformation the selloff is close to an exhausting count on the intraday chart.
50% fibonacci level 1830.47 from 1876.07 to 1784.86.
Resistance located at 1831.45 resistance could prove difficult to break down expect a reversal in this move preferred trade is to sell into rallies.
Support: 1804.46
Resistance: 1831.45
GOLD - Short Trade Idea - Trade Wave (C) of Wave DIn this potential short trade we are looking for the start of Wave (C).
Only trade this if the following conditions are met.
Entry: $1830
Stop: $1851
Target: $1744
Risk\Reward Ratio: 4.5
If price goes above $1851 before the entry level is hit then this trade idea is invalidated.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
GOLD - Tracking Minor Waves - Are You Still Chillin? Really?If you are taking other peoples advice be careful!
If you are doing like crypto hodlers and economists by extrapolating be warned!
You will get burnt.
In this video I give you some golden nuggets for free but most importantly I prepare you for what comes next.
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Original Gold Short Idea linked below.