XAUAUD - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we can notice sign of weakness (reaching the middle of the range), so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
XAUAUD trade ideas
C*ck & B*lls formationSummery: Typical bullish hyped market activity which rises too quickly. Followed by quick bearish pullbacks. Gold/silver will forever be bullish.
Breakout from pink ascending thingy with pullback, retest, breakout and finally confirmation for hyperbolic run. Given how the reserve currency has duplicated 100% of itself in 10 years along with mass immigration, increases inflation dramatically. guarantees gold value. Silver fluctuates too much in comparison to gold.
XAU/AUD "Gold vs Aussie" Market Money Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist HK50 XAU/AUD "Gold vs Aussie" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Near the Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point.
Stop Loss 🛑: Recent Swing High using 1h timeframe
Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
XAUAUD- Gold - LONG (Buy) Trade CallOn 4h TF AB=CD pattern has been drawn. In parallel, RSI is almost at 50% and moving in upwards indicating a Bullish momentum.
Coupling it with news of US$ Fed cut by 50 bp, Gold is expected to make new Highs. Although this analysis on AUD based but Internationally Gold is mostly traded in US$, therefore, investor will try to buy gold in any currency specially in AUD as Australia is the second largest producer of GOLD and is usually traded at lesser rates compared with USD; therefore, a high demand is expected to push XAUAUD price to upper side.
My trade values are marked on the chart.
XAUAUD - Short TradeOn Monday (manipulation day) price swept the previous week high (PWH) with a great sign of weakness: a market structure break (MSB).
As a target, I prefer the opposite key level of liquidity
I'm excited to see your opinion in the comments, and I'd like it if you could boost this idea if it was helpful for you!
Aussie Gold Holds Up UP, Okay. Not For Long Baby! Please, below.
As the saying goes in Australia, 'the bigger they are - the harder they fall'.
Aussie Gold-hat-wearers & officials, might like to think their 'dinki-di-oze-gold' is an exception to panic heavy short-selling. Did I just say panic?
Well, the plan is to take Aussie Gold & it's hanging M_TOP on the weekly chart right down to the neckline for some serious scratching & hold onto your hat once it breaches the itchy neckline.
I don't think the VIX index, the Gold-god's or the market-makers' are going to let us bid up the Gold-price much at all in the lead-up to Thursday the 19th, less than 2 weeks away now. That is why I wouldn't be surprised to see the Gold-price explode upwards 20% or 30% on the big day for Jerome H. Powell FED Chair Boss, that is if they keep a lid on the Gold-price from rising in the meantime.
So, in the meantime, I am gonna Short the Cripes out of XAUAUD because I'm a loyal & patriotic Aussie who's only trying to make a buck or 2 from the markets.
Seriously, but I was serious, I see the USDX coming out of hibernation next week. I will post a couple of charts below & you will see where I am coming from. Please, in the interests of the trading sport, see also my methodology below.
Cop ya later,
Chris
* First below is the Weekly-Chart: XAUUSD
XAUAUD - Swing Long IdeaIn Monday (start of the new week) price swept previous week low liquidity (orange line) and show willingness to go higher by breaking the 4H structure.
So the following week I would expect to see price trades higher, potentially even to opposing liquidity pool like previous week high (orange line)
Thanks you and have a nice trading week! LFG!
Bullish Flag Continuation Pattern in XAUAUD PairA bullish flag continuation Pattern is observed in XAUAUD Pair in a 4-hour timeframe. The trend is bullish and due to the formation of the bullish flag pattern, can be a good point to take long positions as no divergence is found. The current bullish trend will likely continue till the projection levels that are highlighted in the chart.
GOLD is on its way to collapseGOLD/AUD seems complete 5-wave formation, and probably is on its way down. Closure under under the channel line will confirm the idea. Closure under 2900 level will re-enforce the idea. Divergence in RSI confirms that wave 3 completion in 2020.
Majority believing in inflation are wrong, deflation and credit crunch is ahead.