Trader_Joe_Lee

XAUUSD hourly bearish gartley pattern

Short
Trader_Joe_Lee Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold had an inside week last week, and it also has a hourly bearish gartley pattern.
This trade is pretty much a little intraday trade as overall, the gold is turning bullish gradually.

The inside week breakout may be a great confirmation of the bulls;
while before that, using the inside week high as a resistance and a hourly bearish gartley pattern intraday trade is good enough for me.

Let's see how it goes!
Comment:
broke X point, no reason to short! tried a little inside bar break out long!
Comment:
the inside 5 trade was awesome (almost hit my out @ 1292.80 and run)
as the inside week broke out, more inclined to find long opportunity this week.

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.