I will be going short on XAUUSD if the above chart analysis gets to the price targets marked above.....
As you can see above 1810 is our major resistance level, if price continues to trade below this level I will be looking for SELLING opportunities down to 1767
wait for lower time frame confirmation before entering your trades.
stay tuned to this feed for live trading updates
please refer to my previous publications to be able to understand how I approach the market
feel free to drop your own views, comment or criticism .
As you can see above 1810 is our major resistance level, if price continues to trade below this level I will be looking for SELLING opportunities down to 1767
wait for lower time frame confirmation before entering your trades.
stay tuned to this feed for live trading updates
please refer to my previous publications to be able to understand how I approach the market
feel free to drop your own views, comment or criticism .
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ONCE 1788 BREAK ADD MORE POSITIONS
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IN PROFIT
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+20pips in profit
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approaching the support, we might see abit of struggle here
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take partial profit and move stop[loss to entry and hold
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reacting just as expected
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if this support holds , price will rally back up ... from there we can now go short again
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25pips in profit still running
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price still reacting to the support zone ... fingers crossed. by now yall should have taken partial profits
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+35pips in profit
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+42pips in profits
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if price succeeds in breaking 1788 expect further drop
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I will be dropping new entries during London session.
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52pips in PROFIT!!!
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70pips in profit take ur profits
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the support @1788 just broke
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+85pips in profit
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if price continues to trade below 1788 During London open we add more sell positions
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am expecting price to pull back up to around 1795 to 1800 from the confirmation I get, I will go short again
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the second scenario will be if price continue to trade below 1788 . after the retest I will go short
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Second entry triggered
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back in profit
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close second entry
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rejected exactly as I speculated from 1795 now back to 1788
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IF price continues to trade below 1788 expect more drop.
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+125pips in profit
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dropping down nicely
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130 PIPS IN PROFIT STILL DROPPING
SELL XAUUSD ENTRY @1795
SL @ 1800