dsalehi

dsalehi

Gold is expected to continue it's bearish momentum. Short entry can be taken on a break below 2380 to trade down and fill the daily wick from 2 days ago. A S/L may be places above the resistance area formed in the prior session around 2395 (shown on the chart). Alternately a tighter stop around 2390 could be placed. Partial profits may be taken around 2365, and...

dsalehi

Please see the chart which shows the current Levels / Zones for Gold, and gives a larger view of these zones and where we are likely to see resistance / support (including a must hold level to stay in the current "zone". GL to all.

dsalehi

Please see chart for the details of this idea. Every time gold (XAUUSD) has hit a new All time high, it has fallen the number of pips (approximately) shown on the chart, before it resumed enough momentum to retrace about half of it's fall. This can be used to gauge how much we expect Gold to possibly fall right now, after it just reached a new All Time High of...

dsalehi

Please see Chart for an idea on Gold and possible areas to look for long or short entry, if additional entry conditions present themselves. Not trading advice. Remember to trade cautiously, do not assume the zone will form in these areas, observe the market structure which forms and trade what you see, not what you think. Good luck to all.

dsalehi

Todays retest and rejection of the top (wedge) longterm trendline further confirmed that further downside on gold can be expected this week or possibly into next week. The retest of this (upper) trendline was expected to confirm if a bullish move was imminent or if bearish sentiment was still strong, and todays rejection seemed to confirm bearish Price Action is...

dsalehi

Please remember this is not trading advice. Always follow your own trading plan with appropriate risk management. Feedback always appreciated.

dsalehi

Looking to buy into this dip, willing to buy/hold down to the .055ish potential support with tight SL below. if it pops up to test the .15 - .17ish area, thats roughly 4-1 Potential Risk Reward Ratio. Risky stock, so very small position. Note: Small gap above, potential for gap fill if it runs. P.S. Not financial advise, just sharing my views. But needless...

dsalehi

One possible UJ short term trade idea... Not advice, just an idea... feedback is always appreciated. will continue monitoring to see if price action agrees with this idea before I enter any trade... good luck all.