XAUUSD, View next week--> Pullback !
Updated
GOLD
W1:
- Tendency: Strong downward
- Below support
- Candle week: Climax bar (1) and exhaustion bar (2)
--> Waiting pullback
---> Sell
D1:
- Tendency: Strong downward
- Below support
* However :
- Test fibo 161.8, and given pinbar
--> Move pullback
1. investopedia.com/terms/c/climax.asp
2. investopedia.com/terms/e/exhaustion.asp
Please support the setup with your likes, comments and by following on TradingView.
Thanks
W1:
- Tendency: Strong downward
- Below support
- Candle week: Climax bar (1) and exhaustion bar (2)
--> Waiting pullback
---> Sell
D1:
- Tendency: Strong downward
- Below support
* However :
- Test fibo 161.8, and given pinbar
--> Move pullback
1. investopedia.com/terms/c/climax.asp
2. investopedia.com/terms/e/exhaustion.asp
Please support the setup with your likes, comments and by following on TradingView.
Thanks
Comment
Comment
Sell scalpComment
profit 5$. Close 1/2 volComment
Comment
Move stoploss to entry Comment
Trade active
Sell gold 96x, SL 5$, TP 20$
I’ve taken a break from my public community engagements to focus on raising my three kids, but I'm rediscovering my passion for working again. Stay connected, as I plan to return and rejoin my old communities with a lot of new skills one day soon.
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.