XAUUSD GOLD FOREX COMMODITIES METALS OPTIONS
Despite the asset's recent price decline, signs of strength have emerged. However, estimates imply that another bearish leg could occur, targeting the 1815 Francis Sell objective and perhaps falling below 1800.
A bearish move similar to that of November 2020 could be in progress, and if so, it would aim for below the 1800 level. In any case, there will be an explosion, and it would not be desirable to enter into a heated argument with furious ....
Heed your DD!
Despite the asset's recent price decline, signs of strength have emerged. However, estimates imply that another bearish leg could occur, targeting the 1815 Francis Sell objective and perhaps falling below 1800.
A bearish move similar to that of November 2020 could be in progress, and if so, it would aim for below the 1800 level. In any case, there will be an explosion, and it would not be desirable to enter into a heated argument with furious ....
Heed your DD!
Trade active
The previous target(see related idea - XAUUSD Gold Francis Sell) was an Entry level for Sell, initially target 1875 where the market will decide...Note
Target 1875 already in!Note
price currently around 1871Note
Note
1875Note
1875 is decision level for up or down as previously mentioned imho, this trickery is on a different levelTrade closed manually
Closed out at 1873, standing aside for now, not a good environment to be heavy invested with big swings both ways unless scalping...Note
1875 still remains key with outer bands around 1867 - 1870 for lower and the upper band around 1883 - 1886Note
Issues around the 1875 not fully resolved yet IMHO, current price 1877Note
=======================================Sell idea,
Short 1875/76 targeting 1867 initially, sl 1878
Heed your DD!
Trade active
Note
Stopped out on the last sell, trade only moved 20+ in the direction of tradeTrade active
Sell idea------------
Short 1882
SL 1885
Targets (see related idea tradingview.com/chart/XAUUSD/rhkPpJz1-XAUUSD-Sell-idea/)
Heed your DD!
Note
Hello moto!+++++++++++++++++++++++++
...targeting the 1815 Francis Sell objective and perhaps falling below 1800.
Trade active
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Related publications
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.