Goldshortsetup
GOLD - Short Trade Idea - Big Move AheadThe last Gold idea was not triggered but now the waves have become clearer.
My view of the medium term pattern has changed slightly. I will touch on this in my next gold video.
I am expecting a pretty decent decline in Gold which IMO should be at least 15%.
For now just looking for an entry to short this market.
Entry: $1834
Stop: $1865
Target: TBA
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
GOLD - Short Trade Idea - Trade Wave (C) of Wave DIn this potential short trade we are looking for the start of Wave (C).
Only trade this if the following conditions are met.
Entry: $1830
Stop: $1851
Target: $1744
Risk\Reward Ratio: 4.5
If price goes above $1851 before the entry level is hit then this trade idea is invalidated.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
GOLD - Tracking Minor Waves - Are You Still Chillin? Really?If you are taking other peoples advice be careful!
If you are doing like crypto hodlers and economists by extrapolating be warned!
You will get burnt.
In this video I give you some golden nuggets for free but most importantly I prepare you for what comes next.
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Original Gold Short Idea linked below.
GOLD LONG OPPORTUNITY - CAUGHT OUT BY A STOP LOSS HUNTHey traders,
I was in a long gold position today, unfortunately price spiked down to my stop loss. I linked my previous analysis and trade idea.
Now I'm waiting for Gold to come back down to 1495 at the minor S/R before entering long.
Gold is still in an ascending triangle pattern and for that reason i am bullish.
Price today was unable to close below the bottom line of the ascending triangle pattern.
Risk to reward of 1.6
Daily trade analysis and ideas:
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