XAU/USD SELL IDEA
THIS IS MY IDEA ENTER AT OWN RISK
Looking at the weekly chart, gold has just entered its sell zone on the weekly chart
TIGHT SL OF 1936
TP DOWN TO 1896
Gold wanting to make a new low on the weekly chart
REASONS i BELIEVE ITS FURTHER SELLS:
1) GOLD IS STILL A DOWN TREND ON 4H, D, W
2)GOLD HAS RESET 4H RSI FROM 32% TO 64% GIVING IT MUCH MORE PUSHING POWER DOWN
3)GOLD HAS JUST HIT SELL ZONE BASED OFF D AND W DOWN TREND
FOLLOW AT OWN RISK AND PLEASE BOOST IF YOU LIKE THIS INFO
Looking at the weekly chart, gold has just entered its sell zone on the weekly chart
TIGHT SL OF 1936
TP DOWN TO 1896
Gold wanting to make a new low on the weekly chart
REASONS i BELIEVE ITS FURTHER SELLS:
1) GOLD IS STILL A DOWN TREND ON 4H, D, W
2)GOLD HAS RESET 4H RSI FROM 32% TO 64% GIVING IT MUCH MORE PUSHING POWER DOWN
3)GOLD HAS JUST HIT SELL ZONE BASED OFF D AND W DOWN TREND
FOLLOW AT OWN RISK AND PLEASE BOOST IF YOU LIKE THIS INFO
Note
Moving my SL to 1942Looks like it is wanting to do a further push to about 1934 then begin its fall
You can either enter now for half your usual trade size and enter again at 1934-1938
Or wait for 1934-1938
ENTER AT OWN RISK AS THIS IS MY IDEA AND I DONT 100% ACCURACY
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.