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Xauusdshortsetup

XAUUSD SHORT TERM DIRECTION CHANGED TO DOWNSIDE ⬇️After taking out 15min major low gold gives confirmation of trend changed. After CHoCH gold not taken any inducement. Marked X is a inducement till not break 1965. If break 1965 inducement shift to next pull back. There is also a fair value gap marked as IMB Fair setup will be if market sweeps 1st inducement and candel close below it then can take a fair entry on thd next candel start. 2nd option if breaks inducement candel close above it then go to 1min and 5 min timeframe wait for CHoCH and taken out lower timeframe inducement then sell entry.
EASYMARKETS:XAUUSDShort
by ConsistencyFastlane
XAUUSD Pre-Prediction till 1st March 2022As per my calculations and previous chart history, I am going short but with tight stop loss according to my risk management and I will set a buy stop in that case.. All main points are also projected on the chart... Please do your own research before taking any decision of trading in this volatile market... Local Support @1920.079 and Sell Stop @1929 with TP1 @1916 TP2 @1910 TP3 @1904 TP4 @1900 Alternatively Local Resistance @1933.028 - 1936 if broken then TP1 @1938 TP2 @1945 TP3 @1953 Major Resistance @1949.039 If broken then this analysis would be invalid
OANDA:XAUUSDShort
by ForexTrader4all