Gold Spot / U.S. Dollar forum
GOLD chart/XAUUSD/1j9cYIQy-XAUUSD-Will-Go-Down/
GOLD Idea:Open trade journal 11 | Stats … Open trade journal 11 | Stats 13/18 72.222%
GOLD We have candle body closed already at below of level 2684 which open the bearish next targets.
XAUUSD Holding my sell this weekend, it will gap to 2680/76
GOLD it's over guys. hope you all will enjoy your weekend with Profits like my followers. we will meet on Monday with the new set-up just follow me to know about next week setup on gold and BTC currency.GOLD I observed many people cut their trades with small Profits while they give big holds on loss. they will never be successful just try to control on your nerves always use stratigies for each trade. if you can't do all these things then leave trading because you will loss your money
XAUUSD What's up guys - So this is what I think is possible going into the next week I believe gold needs to continue more bearish for a few reasons
- Gold has been moving bullish for quite sometime now without any real pullback (I'm more concerned with the fact that it needs liquidity, this is not me trying to call a top)
- Gold also stopped at the 2643 level for what (in my opinion) looks like no real reason, I think that stop is artificially created to make traders think the buy is still available
- When you look to the left where I have the 2 red zones, there would be a significant amount of buyers within that area which means stop losses would be beneath those levels (if gold doesn't have the liquidity to continue bullish, it may want to target those areas in search of the liquidity)
- Price is currently bearish and it makes sense (again in my opinion) to go with what the market is already doing rather than trying to guess where it may turn, I say this all the time "you'd never make money faster in this market than when the market is already doing what you want it to do" - Brandon Abass, Ekatatrading/Yourtradinghero
- Much lesser reason but we can see a gigantic head and shoulders pattern. I wouldn't use this as an absolute thing but more so as a confluence
I know this explanation is long winded, the good news is most "traders" won't get this far into my thoughts and that proves just how much they analyze for themselves, any good trader will scrutinize most ideas with a fine tooth comb.
If you've made it this far within my analysis leave a boost for me - regardless if you think I'm right or now
I'm just a guy who likes explaining what I see. Have a great weekend folks =)
XAUUSD hold to winGOLD tradingview.com/x/MBdGM6XnWho went for buy setup on my call at 2686 look we have Running Profit of 20 Pips
