Gold Short , XAUSUSD SHORT Gold Short , XAUSUSD SHORT
SELL XAUUSD (@ 1819)
Take profit 1 at 1811.50
Take profit 2 at 1808.50
Take profit 3 at 1803.50
Stop loss at 1822.00
Goldshorts
GOLD SHORT LONGTERM PROJECTIONHere is my long term projection on gold short.... right now we are on the way to the 50% fib and the 61.8%...i am not quite sure which will be bottom
Because the 50% is at 1600 and the other at 1520....waiting for price action @1600 to see what will happen will update accordingly
GOLD FED NEWS DECISION PENDINGYesterday I posted a idea of short sell, there were scenario of buy and sell, I was confident on FED meeting on interest rate decision. But yet not confirmed.
Technically speaking it looks like price will continue lower and it will move below the previous lows 1744. Well I recommend you that open small lot size of 0.01 according to your risk management. Wait for FED meeting confirmation on further price action.
There will be two scenario
In CASE 1
If price goes to the above 1782-85, then the level to look out for is 1810.
In CASE 2
If price goes to the above 1772-69 as strong support, then the level to look out for is 1735 and low.
AGAIN I RECOMMEND you to take action after FED news and best entry position would be below 1770.
FOLLOW for future UPDATES, Like and Comment
GOLD analysis next target 1735
Gold is in downtrend zone, went top high and formed double top showing a bearish signal as it was unable to hold and break above 1834.
Now gold is moving between 1772 and 1748, according to fibb of this month 0.382 our next target is 1735.
You can open a short position once it breaks below the 16th sep low i.e 1748. It will take hard time to break that level till that you open short at high between this range. It will sure come down
Analysis based on price action on daily basis. Cheers and just chill till it breaks for short position.
Follow, like and comment down
GOLD WILL COME TO $1440 ?When every one bullish in this yellow metal, we have to look at the wave analysis for long term cycles. It's hard to agree
After tremendous bull run(3rd wave) from march 2000 to September 2011 ,Gold is in 4th wave consolidation(3,3,5 Normal flat)
Emerging C wave will bring gold to 1440 levels(minimum61.8%) in october this year and followed by $1060 in 2024.
logrithmic scale choosen for clear visual of wave labelling.
GOLD SELLBy the look of the Current Market Conditions, it seems that Gold has reached its High
I looking to take all Sell Orders if the Market Makers are interested in the Liquidity at 1780 levels or further down at the 1733 levels
let's see what happens
GOOD LUCK TRADERS
Gold - Short (part 2)ABC Retrace should be finished here. Slightly past the .618 which is typical for Gold. I expect a larger wave down starting tonight/tomorrow. 1500 area should be the first target - good luck!
GOLD SHORT - LONG TERMPrice seems to reject my 50% fib level and I think its a good shorting opportunity going long term. Also, price seems to have broken out of the previous bullish wave and has since retested the previous support- now new resistance.
MY ENTRY PRICE IS AT $1572
INVALIDATION LEVEL OF $1600
LONG TERM TARGET AT $1182
i.e. for those who asked if I could post my idea when I make my short entry.
Gold Bearish :the market need corection befor UPHELLO to My winner friends :) support this idea with your like !
Will Gold lose momentum and the value it's gained since 2018???What's going on my AQZ Traders???
Looking at the possibility on this yearly time frame AQZ for some serious overall shorts!!!
Will we see a continuous bear market on gold for a long time???
My bias is, to get in where you fit in, and hold sell positions on gold for a LONG TIME...
Much love and God Bless,
DXY looking ready for another pop Day flexing hard at fib levels marked out, looking for a good upside coming up week. Someone needs to find a cure for this corona virus junk !!
Tp set (3) marked with green lines and arrows pointing to them
Gold Shorts (Free Signal)NEW SIGNAL
SHORT/SELL
GOLD, XAUUSD
ENTRY: 1500.262
STOPLOSS: 1508.9
TARGET: 1484
Risk: 0.5%
These signals will not be given next week. Join the telegram to not miss out, t.me/alchfx
Gold Shorts ValidAlthough fundamentally speaking, shorting gold isn't our bias longterm. However, it appears there are a number of confluences statistically in favor for this metal.
What's your thoughts?
Gold Sharp Turn ahead?Gold may be nearing the completion of an A-B-C correction as per it's monthly charts. Between Dec '11 and Dec '15 Gold declined in a 5-wave impulse move. Since then it has been in a corrective A-B-C bounce. We are currently in the C-leg of this bounce. The price equality target for C-leg comes to around $1590. However it is not uncommon for C-waves to extend to only 78.6% of Wave A.
Considering that Gold prices have already crossed the 78.6% extension level around $1525, the room for further upside may be limited. In indian context, this may have price implications for Gold loan companies which have been able to rally against the general market trend thanks to strength in Gold prices. Going forward one may expect weakness in stock prices of these companies as new trend emerges in Gold.
