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Sell in dealing with the trend line
Gold Spot / U.S. Dollar
Short
Sell in dealing with the trend line
By abasmsd
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Updated
May 11, 2018
6
May 10, 2018
Sell
XAUUSD
Price = 1325
Target = 1317
Stop Loss = 1327
May 11, 2018
Trade active
Now we are in the Entry price.
In this point we have R1 daily pivot and this resistance can prevent price rises.
Moreover, we have the bearish Butterfly pattern in 5 min chart and I hope this trade work very good.
May 11, 2018
Note
The Bearish Engulfing Pattern in 15min chart
May 11, 2018
Note
Now We have head & shoulder pattern. Is it time to bearish or not ?
I think it's enough to break 1324 then the price will fall.
May 11, 2018
Note
The head & shoulder pattern was completed. Now we can set stop loss at entry point.
May 11, 2018
Note
good to close half and let rest of them to close at target = 1317
May 13, 2018
Note
I think it's enough for this trade cause I believe
XAUUSD
will be bullish this week according to opening range of market.
Good luck guys
May 14, 2018
Trade closed manually
I guess right. We have bullish trend. So the final target was 1318. +70 pip profit
Trend Analysis
XAUUSD
abasmsd
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