Sellxauusd
Gold monthly downside level is BROKENBecause of the broken monthly level line and it is already retested this level. I am directly bearish tonight on Gold , also because the dollar will rise and as i see on my weekly formation bar it is a shaved bearish bar which means it will go down.
Take profit around 1653.00
and stoploss 1683.00
You don't need to look hours to analyse this chart. It is simple and just follow your analytical and fundamentals
Have a nice weekend and nice trading week
React and share your thoughts what you think?
Gold sell pattern. Sell XAUUSD right nowI see sell pattern on Gold. So i opened sell order on 1313.66 SL near 1321.50 because gold can make last higher correction.
TP1 - 1308.50 RRR - 0.7
TP2 - 1305.60 RRR - 1
TP3 - 1297.50 RRR - 2.1
TP4 - 1277.00 RRR - 4.76
I do not hope that Gold will quickly reach TP4. But it really can and we need to know potential.
And if gold and USDJPY has negative correlation - so USDJPY maybe go higher and higher.