i believe here is a great opportunity for shorting xau
what do you think ?
what do you think ?
액티브 트레이드
액티브 트레이드
코멘트:
Beware of Fake breakouts and please wait for triangle to get break on any side follow upcoming news to detect the right direction
액티브 트레이드:
here we go look at the
US Unemployment Claims :)
US Unemployment Claims :)
코멘트:
Triple top on the strongest trendline resistance what does it say to you ?
액티브 트레이드:
first TP 1938
코멘트:
Gold Trades Lower Early as Key US Inflation Measure Rose in July - MT Newswire
i'm lovin it
i'm lovin it
코멘트:
코멘트:
good morning
well at first i have to say that non of my publishes here are financial advices and if you're a real-account trader you should know that you have to research by your own and make the correct decision and of course take the responsibility of your profits or losses.
so back to the analyze
as i mentioned in several updates here it was so clear that price will reject from that such a strong resistance and price action confirm that with a triple top pattern which indicates a bearish trend reversal but how far will gold run in down-trend ?
i believe by the fed's decision to pausing the rate hike this bearish rally will continue maybe to 20 September when FOMC next statement and Powel speech arrives.
by technical view price can retest the magical trend line which i posts several articles about it .
this trend may retest in 1905 area up to that time so if you opened short positions you should know that you may face a range market too , so as i always say PATIENCE IS THE KEY to achieving every good result .
well at first i have to say that non of my publishes here are financial advices and if you're a real-account trader you should know that you have to research by your own and make the correct decision and of course take the responsibility of your profits or losses.
so back to the analyze
as i mentioned in several updates here it was so clear that price will reject from that such a strong resistance and price action confirm that with a triple top pattern which indicates a bearish trend reversal but how far will gold run in down-trend ?
i believe by the fed's decision to pausing the rate hike this bearish rally will continue maybe to 20 September when FOMC next statement and Powel speech arrives.
by technical view price can retest the magical trend line which i posts several articles about it .
this trend may retest in 1905 area up to that time so if you opened short positions you should know that you may face a range market too , so as i always say PATIENCE IS THE KEY to achieving every good result .
코멘트:
i just add 2 units to my previous short position , new entry 1944.14
코멘트:
re-entry opportunity
코멘트:
if price reach to 1945.5-1946 i will double my total position size in short position
코멘트:
액티브 트레이드:
please share your opinions it's so valuable for me
코멘트:
price just broken the midline of ascending channel and 1st target should be the bottom line of the channel , what do you think ?
코멘트:
the bottom support of the channel has been touched as mentioned in last update !
코멘트:
be careful , manage your trades and be patients
코멘트:
this is what price action does , believe in it and trust it
i will close this trade soon and start the different side
BUY to ATH
i will close this trade soon and start the different side
BUY to ATH