XAUUSD Short Tram SELL signal....NOW
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Goldsell
Tue 14th Jun 2022 XAU/USD (Gold) Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Sell. Enjoy the day all. Cheers. Jim
Gold for 200 pipsFriday Gold had a boost crossng my $1869 target, Gold made a start off sell off before the end of last week. Expecting Gold to refill the orders of buy to $1836. where the candle first started then the reaal formation for Gold starts!!!
NB: Red Box; Rejection zone
Yellow BOx: Supply/ Demand zone
GOLD SHORT H4Market Structure: Ranging Market
Area of Value: Resistance
Entry: Bullish candle from the resistance level
Exit if Right: 3 tranches on possible areas of rallies
Exit if Wrong: invalidation of the ranging market, breakout
RRR: 1:3
GOLD is highly overbought brought by the news, my prediction is that Gold will recorrect itself before continuing whatever trend it's suppose to go.
GOLD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Potential Cup & Handle In DemandGold - Potential Cup and Handle Forming in HTF Demand, momentum has broken but still no real BOS/confirmation for reversals, if current supply holds ill be looking for sells if demand holds i'll be looking for buys, waiting for confirmations.
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Pullback Then Short?GOLD - Looking for a pullback into supply for a continuation, the 50% zone on the 4H is looking nice!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
GOLD-SELL strategyThe stop-loss was protected and now we are starting to break below cloud.
The selling pressure is building slowly as well.
I feel we may see a test of $ 1,800 near-term and therefore we SELL between $ 1,875 - 1,900. We are already short as stated few days ago @ 1,860-1,865 and this position remains. Only new sell follow the 1,875-1,900 sell range.
Profit order @ 1,807 for now.
GOLD-SELL strategyI am not feeling confident for GOLD to maintain it's current level We have broken through a good block earlier around $ 1,900 and it suggest we may see lower level $ 1,800 test in the week to come. The selling pressure it still there, even though it is starting to feel oversold, it still may have further room down.
I suggest SELL current $ 1,860-1,865 and place stop-loss above $ 1,908. Profit order above $ 1,795.
GOLD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.