Tight Stoploss 1870 around the red line zone. I think Gold try to ABCDE formation to 1900+ * Invalid if break down the dotted line #gold #long #xauusd
If Gold still strong bullish, She should break the yellow line up (as Chart) If not, Should rebound around the lower yellow line and should not break below the dotted line ( as Chart) IMO Gold should drop into gray area and I will buy more in that zone now I will scalping sell around this zone ( 1777 ) and hold short positions till it breaks up or down of the...
#xauusd #GOLD Good Risk-reward ratio S/L up to your risk. T/P minimum1900 if can break the 1900 zone, we will see 2000+ Long term
Case. A $XAUUSD try to end with a Bearish falling wedge pattern the green zone in charts if gold cannot drop lower than this and can break higher than dotted-line - reversal will work. TP > 1903 Case B. We will see strong support (yellow zone) and red dot channel and red trend line. Yes, It is a wide range. we must wait and see in the smaller time frame TP >...
TP1 1825.7 TP2 1790 TP3 1711 and prepare to buy back in 2 case 1. break above 1873 zone ( Stoploss for Short) 2. Demand zone around 1825 ( if this zone can support Gold will back to 2000) If not move Stoploss to Break even and keep Short position in profit it may drop harder before back to bullish trend )
If you don't have any positions. Pls, wait till next week. Let's see Gold price as Charts. will enter after it reaches that zone and confirms its directions. If don't want to wait only Sell scalping. $gold
How deep Gold can drop? A. Strong support zone around 1665 - 1763 B. ABCD pattern 1756.98 C. Lower band of the orange channel. < 1769.98 D. if break all we may see < 1676 so I think It safe to short gold and let it drop until we can see a reversal pattern as I told on above. *** only manage lot size and trailing stop.
Short term Gold may drop to 1859 - 1865 zone If $XAUUSD can rebound in that support. we will hope for a bullish. If not and break below the 1848 zone, many sellers will see 1836 First and Interesting target 1760 zone Let's trade with the above criteria.
IN Medium-term I would like XAUUSD to pass the gray triangle zone. If not will Sell in swing trade. #gold $gold update
It is Good R/R to risk on this Short. If break out, Cut loss. Target as charts. #gold #xausd
$XAUUSD #Gold I post this idea on morning but I have beed hidden by ruld of Trading view. so I edit in content again and re-post. Let's see detail in Chart. *** Don't forget $DXY try to break out and form invert H&S and Monthly chart of $XAUUSD Look still bearish.
Long term I still believe Gold will meet 2100+ but this period still in retracement step. Scenario A. may hard to meet after hit resistance Green Trendline ( as I told on the Old idea and in Twiiter ) I think B, C, D may meet in FOMC period. It means we should sell Gold in short term ( or buy limit on Lower zone ) when profit will move S/L to Entry and Let Gold...