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Xausdshort

BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:20 RISK REWARDGold trying to break the rectangle zone to Down side With huge sellers power A short term 15m tradeing setup showing on gold Selling setup With a risk reward ratio of 1:20 The setup giving clarity to SELL Selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily  chat And the short term setup All are of them indicating the same SELLING SETUP BTCUSD SHOWING A GOOD D UP MOVE WITH 1:20 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDShort
by tradergyan01
let's cover all we are adding position size to our existing net short portfolio and at the time of writing this ariticle/idea our full short position in gold and silver is well justified from the measurement of risk and reward, The usd index end up moving higher yesterday and the price of gold fell a little bit,this should be seen as sign of strength but mining stocks are confirming our view even more,initially mining stocks declined but quickly take a upswing and erased the entire daily downswing,question which is arriving are miners going to form one more short term bullish wave? at this point it's rather unclear,for the very short term we don't have any valid confirmations of either bullish or bearish in mining stock,ok let's dive into gold chart and try to form a unbiased perspective so we could clearly see what's going on without being attached to our current net short position we already have wrote our thoughts on yellow metal and we don't want to repeat it every time,you can read it in our previous post but it's still up to date but the thing which we like to add today is the comparision of present scenario to 1st dec,2017,That particular session made a upswing in gold prices before it plunges back and breakdown below the 50-day moving average,you could see a small upswing in yellow metal before it collapse as it already broke below 50 day moving average yesterday after the U.S. jobs report as we expected silver took off,moved much higher than it's intraday low,you could still see rally in white metal up to 16.700 or so and it can decline from there,what does it mean for gold,our mentioned silver prices correspond to the gold prices of about 1338,we have given short term buy target for gold to 1335 and it reached but silver didn't,so once again it outperforms gold which is a strong sell sign,if we look at yesterday general stock market we could see that it moved higher and this could be a reason why silver took off but the point to note that mining stocks was almost flat,lagging mining stocks confirmed our bias even more The present situation is bearish anyway based on long term and short term basis,even if white metal and yellow metals moves higher which we are expecting to some it will not make any difference to our bias or portfolio,underperformence of mining stocks and strength in white metals making our bias even more valid We think that adding position size to our exisiting portfolio is now well justified and we could stll see some rally in both metals before the big decline continues we will keep you informed
FX_IDC:XAUUSDShort
by NeerajPandey