Sellgold
XAUUSD ShortHey traders, first of all if you followed the previous analysis you will find it similar. Gold dropped by 300 pips from my trend and supply zone. in today's trading session the history might repeats it self especially with a bearish AUD and a bullish USD.
so we are monitoring XAUUSD for a selling opportunity around 1830 zone, once we will receive any bearish confirmation the trade will be exected.
Trade safe, Joe.
SELL XAUUSDGold is more likely to retrace to the 1814.83 level where we expect it to drop much further to the 1770 zone. Our stops are tight at 1824 use proper risk management. All the best and good luck.
SELL XAUUSDGold looks like t has exhausted its upward movement. Looking for a chance to profit from this drop to he 1800 zone. Use proper money management.
XAUUSD 4H - LevelsEnd of day update:
We saw a strong resistance at the 1830-35 region as we suggested in the KOG Report and managed to get a nice short into the 1815, 1810 and 1800 levels. We’re now removed a majority of the trade and set the stop to entry just in case we achieve our lower immediate target of 1785. We are now looking for a small push up with the first initial level being 1806-8 and above that 1812-14. . We want to see how the price reacts at this level and whether we face resistance. If we see resistance here we’re on for our target level of 1785 and below that 1777 which was a previous key level. We have illustrated what to look out for and the levels to trade between.
Please have look at the linked chart which shows the range and how the price has now come back into the box.
As always, trade safe.
KOG
XAUUSD ShortHey traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1832 zone, once we will receive any bearish confirmation the trade will be executed.
remember to use proper risk management at least, 0.01 lot per 250$ with gold. because gold movements are violent comparing to other forex pairs.
Trade safe, Joe.
XAUUSD ShortHey Traders, here again we have the same scenario after the huge drop of 300 pips from my sell zone, the market came back with the same opportunity.
in today's trading session we are monitoring XAUUSD for a selling opportunity around 1819 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
XAUUSD ShortHey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 1802 zone respecting the bearish trend in combination with the daily strong supply zone.
Taking in consideration also the bullish bias i have on USD after Fed Hawkishness and you already know the negative correlation between USD and Gold.
As usual once we will receive any bearish confirmation the trade will be executed.
Remember always to respect proper risk management especially with gold, because gold movements are violent comparing to forex pairs.
Trade safe, Joe.
XAUUSD SellHey Traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1805 zone, once we will receive any bearish confirmation the trade will be executed.
Remember to use a smaller lot on XAUUSD comparing to the one you use on other forex pairs. because gold movements are more violent, and it's easy for gold to marginate your account in case you don't opt for the right money management strategy.
Trade Safe, Joe.
XAUUSD ShortHey Traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1785 zone, once we will receive any bearish confirmation the trade will be executed.
above is an update about our gold trade, we were long today from 1771 zone and we took profits around 1784. so now we might consider banking profits on gold at the rally and the drop.
XAUUSD shortHey Traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1812 zone, once we will receive any bearish confirmation the trade will be executed. Remember to respect money management guys with gold. movements of gold are more severe than other forex pairs and using a wrong money management with commodities or indices in general will knock you out from the market easily. follow always the beautiful rule of investing, risk small aim high!
Happy weekend, Joe!