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Goldsell

Gold Dump (long-term vision)Hello my friends - today in my long-term analysis, I came to a very interesting conclusion about gold. In the monthly time, gold could not hold above 1752 after setting a new price record. Accordingly, the price of gold will experience a sharp decline. From this price point, you can open a trade in a negative direction. -At risk to Reward: 1 to 4 ! -Maybe this position will take a year! -Target 1: $ 1385 -Target 2: $ 1180 +Note: This analysis is long-term and may take a year or two. Please tell me your idea Analyzer : { @mahdiaghdam00 }
OANDA:XAUUSDShort
by mahdiaghdam00
XAU/USD shortThe Russia conflict was one of the main fundamental driving buyers onto gold to retest the year 2020 high however with the rising of yield and the rising of the rate to combat inflation I believe this was the liquidity to pickup new sellers for the big move toward the down side. From my fibonacci notice how it touch tap the top from 2020 high then went straight down without any resistance forming. Straight indications bank are in play for the big drop anyway trade safe my main target remain 1620 Target for the sellers 1920 1860 1800 1750 1620
OANDA:XAUUSDShort
by UnknownUnicorn24402767
7
GOLD-SELL+++Rough night for sure, but also good opportunity to sell to improve average. Market always unpredictable and did not expect such lofty highs. Market never changes when it comes to extremes, and that is why always maintain low leverage in order to manage the position the right way. During night I add one more short @ $ 2,068 with slight higher leverage and placed buy order at $ 2,023 for 25% of position and this time lucky it worked out. My average now $ 2,038.50 short and low leverage. The over state is still overbought, and we may be adding once again around $ 2,068-2,070 if seen again. The movements has been erratic and shows the market condition is overbought is my personal view. For new positions strategy is SELL current $ 2,048-2,052 range and add $ 2,068-2,070 if seen again. Profit orders now as follows: 25% @ $ 2,014 and rest $ 1,989 for now.
TVC:GOLDShort
by peterbokma
12
GOLD-SELL++We are slowly reaching $ 2,000 and the market condition is LONG. The RSI is higher, and shows we are overbought condition. No doubt anything can happen under the current circumstances, but I feel with low leverage will add @ 2,000 to the existing short $ 1,970. For new shorts sell $ 2,000 and for those already short and added $ 2,000 when it arises, we will sell again but slightly higher leverage @ 2,015 once again. The profit order I suggest to shift it to $ 1,937 for now.
TVC:GOLDShort
by peterbokma
8
GOLD-SELL strategy - upside biasGold has previously reached $,1970s and then moved lower towards $ 1,889 and from there we are up here again for good reasons of course. GOLD is overbought, but currently not extreme, and we may see a little push up more. Instead of trying to buy, which I feel is a little later for my liking, I prefer to see SELL levels. Based on current RSI and level, I feel we should start selling small @ $ 1,960,1,970 once again. We increase sell maybe $ 1,990-2,000 area, if seen. The correction back will be this time only till $ 1,910 I feel. Strategy SELL $ 1,965-1,970 and place profit order $ 1,915 for now. Increase sell as suggested, but please note, low leverage at all times.
TVC:GOLDShort
by peterbokma