Gold Spot / U.S. DollarUpdated XAUUSD view for intraday 60% bearish 40% bullish
I try to be bull, its more natural posession for me, but since yesterday evening my sentiment is changing to bearish side.
I'm still holding my 321 buy which was triggered yesterday, but I have more and more doubts with every next chart and market outlook.
1. If another (4th) rejection will occur to the swing trendline (205-360) we should see big green candles next days, but
- EMA 22 (Daily) currently is flattening which can produce another time correction or bearish action continuation.
2. Im holding buy with 30 pips SL, if will hit I will stay with 360 sells only and
- I will add another one sell when I will see aggressive PA algorithms wedges on tick TF later today (probably data in US session will produce some catalyst, but I will also look @ GBP BoE MCP.
This is only my technical view and it is calculated with proper money management and without killing leverage. Good luck and trade safe.
I'm still holding my 321 buy which was triggered yesterday, but I have more and more doubts with every next chart and market outlook.
1. If another (4th) rejection will occur to the swing trendline (205-360) we should see big green candles next days, but
- EMA 22 (Daily) currently is flattening which can produce another time correction or bearish action continuation.
2. Im holding buy with 30 pips SL, if will hit I will stay with 360 sells only and
- I will add another one sell when I will see aggressive PA algorithms wedges on tick TF later today (probably data in US session will produce some catalyst, but I will also look @ GBP BoE MCP.
This is only my technical view and it is calculated with proper money management and without killing leverage. Good luck and trade safe.
Trade active
I've closed my buy and added another sale @ 325.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.