Gold / XAUUSD
Updated
Has been waiting for it for almost a week ... Bullish crab just completed and I think it the right time to go long.
Disclaimer:
Im only providing my own thought toward the market but not making any trade call. Trade what you see
Hit the like button if your agree with my idea and feel free to comment in a respectful manner if you have different view on it.
Disclaimer:
Im only providing my own thought toward the market but not making any trade call. Trade what you see
Hit the like button if your agree with my idea and feel free to comment in a respectful manner if you have different view on it.
Note
currently 100 pips + SL moved to breakeven ... another free trade :)
Good luck :)
Note
Updates on profit target. TP1 - 1244
TP2 - 1261
TP3 - can be above 1300 (unlikely but possible)
Note
Possible test at level 1225 support ~ anyway price just tested resistance at 1229 (a upside false break in 1 hour chart) ... be careful ~Note
Just discover this baby here ~ Bearish bat ? Bearish Alt Bat ? Bearish Crab ? Pending for confirmation ... but chances of Gold going upward is higher than breaking new low ~ Note
Re-entered the market at 1219 ... 4 hours chart show some significant pull back after the market went through it support level ... Pattern still consider valid ~ Trade closed: stop reached
Note
AB=CD fall exactly on Fibo 78.4 ... Trade what you see :)Note
sorry ~ is 76.4 ... Good luck :)Note
If it break upside ~ it might be able to push higher then the D point ... Good luck :)Note
Trade closed: target reached
Next !!! :)Note
waiting for a break ~ expecting upside break and profit target 1260. :)Trade closed: target reached
Next ~~ shorted at 1263.5 ... Good luck :DNote
Reason I shorted Gold is quite simple,1) Trend line resistance
2) Resistance zone
3) Fibo 61.8
Profit target I set at 1190 (might adjust further) is because I expecting Yellen to rise interest rate although the economy data is not good ... Good luck :)
Trade closed: stop reached
Waiting for another sell setup ... Next !!! :)
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