XAUUSD Short entry scalps/ Swing Buys
Red Zone - Resistance
Yellow Zone - Caution Zone
White Neutral Zone
Happy New Years everyone
First trade of the new year this is what im looking at
So at the moment i am waiting for Xauusd to lose 1823.138 ish zone and if that zone can hold it down we will see a bounce at 1803 the magic number but if we lose that then we can see a further down side but i dont think that will happen
Yellow Line- Xauusd bounces off 1823 ish zone and then itll run up to 1827 - .800 ish zone then that is where i will take a short position then we would have to lose the 1823.2 zone after that itll be used as a resistance to the down side to 1814 then to 1803
Red Line- Lose 1823.138 and hourly closes under i will take a short position but will go in with half then half and some more with a retest
Green Line- Bullish analyses Break above 1827.8 and use that as support then we can see 1870 within a week or 2 but have to wait to see a update for that
1803 buy zone 1799 sl
When i get into a buy at 1803 if that happen we would need to break 1812.173 then 1814.387 then 1823.138 then 1827.800 those are the resistance
What do you guys think?
Yellow Zone - Caution Zone
White Neutral Zone
Happy New Years everyone
First trade of the new year this is what im looking at
So at the moment i am waiting for Xauusd to lose 1823.138 ish zone and if that zone can hold it down we will see a bounce at 1803 the magic number but if we lose that then we can see a further down side but i dont think that will happen
Yellow Line- Xauusd bounces off 1823 ish zone and then itll run up to 1827 - .800 ish zone then that is where i will take a short position then we would have to lose the 1823.2 zone after that itll be used as a resistance to the down side to 1814 then to 1803
Red Line- Lose 1823.138 and hourly closes under i will take a short position but will go in with half then half and some more with a retest
Green Line- Bullish analyses Break above 1827.8 and use that as support then we can see 1870 within a week or 2 but have to wait to see a update for that
1803 buy zone 1799 sl
When i get into a buy at 1803 if that happen we would need to break 1812.173 then 1814.387 then 1823.138 then 1827.800 those are the resistance
What do you guys think?
Trade active
took the sell at 1827Note
sl at 30Trade closed: stop reached
Note
going to try another short if we get a retest here at 1830Note
waiting for a 1830 retracement and im going in for a buy no more shorting
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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.