Andrey.Ustinov

Andrey.Ustinov Updated 

Buy on the break of neckline

Andrey.Ustinov Updated 

look the chart - all in there

Andrey.Ustinov Updated 

After yesterday dip seems we ready to make a retrace before two days of falling Sell limit at 49.55

Andrey.Ustinov Updated 

Sell limit: 49.50 to 49.55 Stop loss: 49.92 Take Profit: 48.35

Andrey.Ustinov Updated 

Look what we've got based on Monthly descending bullish channel 1M: Bullish channel (not wedge) resistance sustained 1D-4h: Reverse price bar on 1D with DIAMOND TOP and H&S, SHS or Head & Shoulder figures formed on top for reverse and move the gold to new low Some details and multiple timeframes charts would post later

Andrey.Ustinov Updated 

sorry for late posting, in Moscow Asia open at 4 a.m. so i really wanted to sleep)

Andrey.Ustinov Updated 

Nice resistance of upper channel border and divergence giving one more try for short side. Took position at 1245. TP :1125 SL: 1250

Andrey.Ustinov

We are moving in ascending channel and just bounce from its resistance and formed H&S on top. Sell order: enter at 1240 with SL 1247 and TP at 1225 Buy limit order: limit order at 1225 with SL at 1217 and TP #1 - 1245 and TP #2 - 1256 Happy trading for everybody! Feel free for comments!

Andrey.Ustinov Updated 

Breaking below bearish channel would depreciate price of xauusd to much lower levels, but for now we're still in it and h4 candle with double bottom from new support line giving nice chances for bull's to ride 1260, also it would similar angle for diamond top formation and meaning reverse of gold to hard downtrend and invalidate breaking the wedge on 1W and 1M...

Andrey.Ustinov

Comments bit later

Andrey.Ustinov

For me these is 2 options: Bearish one based on possibly of patter "Diamond on Top" and tgts #1 1197 next one much much lower Bullish one based on Bullish Flag which high at 1285 so its my nearby tgt

Andrey.Ustinov

little bit late with posting cause of busy, holding my long with BE now.

Andrey.Ustinov

Hidden bullish divergence on MACD and RSI Nice H4 pin bar for bullish run 1231-1241-1251 levels to focus 125x lvl preferable to close longs

Andrey.Ustinov

I can see now nice hidden bullish divergence and Candlesticks pattern looks pretty for one more leg up before down. Focus on Wedge!!!

Andrey.Ustinov Updated 

see the chart to understand

Andrey.Ustinov Updated 

All explanation in chart) Next scenarios in higher TF: Bear - wedge playing 1100> Bull - wedge breakout 1300<

Andrey.Ustinov

Look chart for movements Feel free to ask explanation

Andrey.Ustinov

see the chart to understand