Gold-short
GOLD: False breakout resistance. Short Gold was unable to exit the channel and change the trend to an upward one. The price went back over the level. Further only support. The key level to which I expect the price to go down is 1775
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GOLD fall from the resistance zoneThe price moved up to the resistance zone in the descending channel. The best opportunity to enter the market, but relative to your strategies. I'm waiting for the price to drop to support 1765
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GOLD consolidation under STRONG RESISTANCEThe gold price has reached strong resistance. Consolidation below the resistance level means that the price is not allowed above the level, so I expect a fall from a strong level. My target is level 1765
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GOLD rise or fall?So. Downward trend in metal prices. Globally, the situation is difficult, it is difficult to predict where the price will move. Locally, consolidation at the resistance level and above the price is not allowed. I think that the price will still fall to the level of 1776
Remember, there is no place for luck in trading - only strategy!
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GOLD shortThe price is at the resistance level, but there is another one above. It will be quite difficult to break through such a situation, I think that a false breakout is possible. I'm still waiting for the fall. My target is level 1764
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XAUUSD POTENTIAL SELL OPPORTUNITY HEAD & SHOULDERS PATTERN SEENXAUUSD looking for a weekend ell opportunity as seen in 4 hour time frame a head and shoulders pattern is formed and in daily time frame a neutral candle has been formed and judging by the wick of yesterday's daily candle today's candle should go in and fill yesterday's wick and hence the sell opportunity, overall a bearish market for gold today in daily time frame. WARNING! NOT FINANCIAL ADVICE! ENTER WITH RISK ONLY TRADE WHAT YOU CAN AFFORD TO LOOSE.
GOLD accumulative flat So. We have a cumulative flat. Downward trend. False breakout from below, but the trend does not reverse so easily. I assume that this is a market maker's trap and this breakout is not true and the price will go down to the lower border of the flat.
Remember, there is no place for luck in trading - only strategy!
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GOLD: Short Signal with Entry/SL/TP
GOLD
- Classic bearish setup
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry Level - 1796.99
Sl - 1823.88
Tp - 1756.69
Our Risk - 1%
Start protection of your profits from higher levels
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GOLD in flat The gold price is working out the support of strong accumulation. Gold goes to retest the resistance, since the trend is downtrend, I think that the price will continue to fall after a false breakout.
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GOLD sell from flat resistanceGold has returned to flat and the price is directed to the upper border. You can trade from the channel borders along the trend, and since we have a downtrend, that is, all the chances of making a profit
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻