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Xauusdwave

GOLD / 500oz swing / #6. FED hype, triangles and others.Hi. Today my Entry at 1333 got filled, you can see it in related idea. Looking for Gold to recover, since I have signals for EUR USD pointing up mid term, and DXY is at 95 Resistance that ain't weak, and can send DXY to 92's. People still looking for some triangles, for one they are broken, others find new ones - Chaos. Big sharks ain't drawing triangles or patterns on charts. Breaking down some triangle line / trend line or whatever it is called, doesn't mean the Gold will be falling. How it broke these " Holly Grail " lines downside so it can do the same upside, will it mean that Gold is Long? As well people believing in some FED Rate Hike bubble etc, of corse there will be hype, to play around with retailers. Look up SSI as well. I am bullish on Gold and will be till targets are met. TPP.
FX_IDC:XAUUSDLong
by TheZabisyu
4
GOLD / 500oz swing / Review. With Screenshots.Hello. So far so Good, First five Gold 500oz swing series Ideas are making Some decent money. As always I did Saturday Analysis, I will update new idea on Monday, because if there is a gap, recalculation comes in and may change the situation. What I can tell is that I don't like Gold closing here because that moves wave 6 pivots down, what means we can slide and slide lower and lower, and a lot more power will be needed to get higher, since we have pressure up there tightening. But still the last man standing 0% base is intact ( not broken ) and while it is not broken bulls are in safe zone. eur/usd has some serious support underneeth it as well. First of all I will be watching for the price reaching levels. It works like a signal. I will be watching these both: prnt.sc If market reaches Heading towards daily, I may go for sell, because Temporary Direction suggests the same. If Upward temorary direction completed, follows the downward temporary direction. Other than that if price drops to buy zone, without reaching HTD first, I go for buy, and place second entry at 1336.00. We can see Wave 6 pivots mooving lower, these 3 bad boys will be tough ( or I should say - should be tough. ) As well wave 5 remains the same, thats why break downside from wave 5 should make bulls panic. prnt.sc Current Gate ( AFT Price Gate ) is showing serious support at the same zone where 0% base from wave 5 is. prnt.sc At the end I want to say that Overall atm Gold has entered Bear zone, and even if it tags the highs that people are talking about here ( 14$ and higher ) It will fall down like a rock. But I trade what I see, but longer term view for gold is not so promising like many here thinks. I am looking for Gold to tg 1370 and if it happens, I will be starting to look for Long term Sell entry at the Top, and add more as we go! Happy weekend, and thank you for your support. TPP www.tpparadigma.com
FX_IDC:XAUUSD
by TheZabisyu
1
Different perspective on gold.Earlier we were hoping for a short term short knowing that the general trend is bullish. We took 20 pips in the old trade and we have a new trade setup here. We have a minor channel embedded in a major channel, I have already bought at 1317 . I don't think its wise selling even if we do break to the downside but this scenario is quite unlikely. you can either buy at this point if your a aggressive trader or wait for it to break out the minor channel before making a move.
FX:XAUUSDLong
by OG-Tellz
9