Xauusdshort
Sell idea on Gold - H1Gold has printed bearish flag on hourly candle, we expect bearish move if price break the flag for bearish continuation.
Note:
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XAUUSD Next MoveFresh week Fresh projection of xauusd as for now its local support is 1744 if broken then next downward level will be 1735-1733 and if any news hits then the next level will be 1720-1716
I am putting buy limit at 1720
In reverse scenario, you can check my previous chart for long projection...
This is my own calculation and I am not forcing you all to follow my idea because market is volatile and anything can happen...
Please do your own research before entering into the market...
XAUUSD Next Move One Week ProjectionAs per previous chart history, XAUUSD can be move upward or downward as per the local support, major support. Do your own research before entering any trade (short or long)
Buy Stop @1752
TP1 @1770
TP2 @1790
TP3 @1805
Sell Stop @1767
TP1 @1752
TP2 @1745
Local Support @1745 - 1740
Buy Limit @1720
For Long after reversal from the Major Support Line @1696.973
GOLD BEARISH FORECASTGOLD SEEMS VULNERABLE TRADING BELLOW NEAREST RESISTANCE
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
You can check all my work, you can understand my style of analysing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
XAUUSD 4H Now we are trading at daily zone and 4H high has been swept price is in bullish trend and price is in control of supply now.
When we see a bearish CHoCH we can look to play shorts and CT trades as well.
My view is that we need to break internal low in order to price move downwards, as it will take more time.
Meanwhile we can play counter trend trades .
Am thinking price must tap on that demand and it will go up.
Lets see how it goes