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Xuausdshort

+++ gold short sniping idea +++gold has pumped to 1795 like mentioned in my previous analysis and now having issues to break above it , besides it we have a beautiful bearish harmonic pattern formed under that strong resistance (1795), if gold doesn't break it with a clean and green candle , it will surely fall to 1782 levels once again and if it breaks under it will keep pushing down to 1774/1767 levels. if you like my ideas that i put a lot amount of efforts in please do like it and comment me your thoughts bellow i read all your comments and that would help my tradingview community to grow . that said guys i wish you a good luck and safe trading. i'll do more updates if needed on this chart so if you aren't a follower please do so you don't miss any of my future updates ; because sometimes i put my updates just at seconds before that pump or dump so you don't miss any of it .
TVC:GOLDShort
by Gol-DTrader
17
What's coming for dollar and linked pairs to it.(EurUsd, Xuausd)If we observe the US dollar index on monthly timeframe, we can observe that currently it's in the correction phase. If we look at the past support and draw a Fibonacci retracement it shows that support levels falls at 38% of that which gives us a clear picture of it too. So as soon the dollar index completes its correction it will start going up which will affect the pairs linked to dollar like, eurusd, xuadusd, etc. As soon it will start going up better position for these pairs will be to sell. I hope you like the analysis. If you something more to share go ahead.
TVC:DXY
by dan046
XAUUSD approaching resistance, potential drop! XAUUSD is approaching our first resistance at 1295.80 (50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1267.81 (horizontal swing low support, 61.8%, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAUUSDShort
by Tickmill
XAUUSD approaching resistance, potential drop! XAUUSD is approaching our resistance at 1308.29 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1299.48 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAUUSDShort
by easyMarkets
1
Gold drops again to $1189 levels before pullback !Believe it or not, the structure unfolding now could be pointing towards $1183 potential bottom in Gold (short term). The yellow metal broke below its lower degree triangle consolidation yesterday and touched $1189, before pulling back higher. A fibonacci extension of the drop between $1211 and $1192 earlier is converging well with the previous support (wave iv), at $1183 levels, highlighted on the chart here. Overall, the medium term structure remains bullish for Gold with potential targets towards $1250/70 levels, but a short term low around $1180/85 cannot be completely ruled out. An optimized long entry could be $1183 going forward. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
FX_IDC:XAUUSDLong
by FXTM
1
Gold bottom in place at $1188 ?Gold -0.22% dropped towards $1188 levels yesterday before reversing sharply back towards $1200 handle. The yellow metal is seen to be trading at $1194/95 levels at this point in writing and could be looking to push through higher levels going forward. A simplified wave count has been depicted on the hourly chart indicating the potential termination of Wave B at $1188 yesterday. If this counts holds true, we could see prices pushing forward above $1208 levels soon, taking off the initial resistance. On the other side, a drop towards $1185 could be considered as yet an other opportunity to initiate longs. Overall, bullish scenario stays as long as prices remain above $1160 levels. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
FX_IDC:XAUUSDShort
by FXTM