Trade Idea to Short Gold at current price. See below

6 ngày trướchttps://www.tradingview.com/x/WZXyLWu9/

Gold price looks to be at a topping area and will come down it's corridor to lower prices. I think much lower prices during NY today.

For now, I am Shorting XAUUSA at any price between 2566.50 to 2567.
STOP LOSS is quite tight giving good RR. 2574.10 SL

This is a Short Trade of Gold XAU USD.

* Trading is risky. This is an educational publication only.

6 ngày trước

Giao dịch đang hoạt động

Short Gold Price
SL: 2574.10
Sell between 2566.50-2567
TP to be announced. Much lower.

6 ngày trước

Giao dịch đang hoạt động

You can see in this chart that gold is moving in a rising wedge. However, its a the top of this wedge so its price will drift down.
Further, all of the bullish moves were made in Gold trading yesterday and during Asian trading today. Today, will be very bearish for Gold especially on the rally of the USDx

6 ngày trước

Giao dịch đang hoạt động

Short the gold price.
SL 2574.10.
On the 1m time frame price dipped into some 1m order blocks and got a bounce. I think lower lows and lower highs from here.
Nothing significant on the USA economic calendar today

6 ngày trước

Bình luận

You never know guys...If what I think is going to play out today in the NY session reference to a USDX breakout....we will be riding this down to at least 2450 with a bit of luck.

6 ngày trước

Đã hủy lệnh

SORRY GUYS STOPPED OUT. I got short just now up at 2580. I can't believe the gold price is that high

6 ngày trước

Bình luận

I took 5 positions Short in xauusd at 2580 level.

6 ngày trước

Bình luận

Stopped out back there guys, I under estimated just how bullish these gold buffs are at the moment and their floating artwork into the candle-lit-sky. I shorted them all at 2580.

6 ngày trước

Bình luận

Plan of attack is ShORT guys. Our confirmation is the breakout of the USDX. Don't get short like I already have until you get that confirmation. Too many gold bulls out at the moment,

6 ngày trước

Giao dịch đang hoạt động

Heres why I think today is the day. I am just waiting for the USDX Daily Stochastic to Sync with the rest of the timeframes. See how they are all in Sync and about to cross up and breakout I think.

6 ngày trước

Giao dịch đang hoạt động

Short the gold price above 2575
STOP loss: 2585

6 ngày trước

Bình luận

30 minute chart on gold. The last 30 minute candle was very bearish.

6 ngày trước

Bình luận

I roughly estimate that the USDX fireworks are about 1 hour away.

6 ngày trước

Giao dịch đang hoạt động

The first Gold trade got stopped out.
The 2nd trade was a Short at 2580 and I understand the Gold price has wound back to 2574.
I still feel a sense that the USDX will breakout before next Thursday. I felt strongly that would occur today and I still believe it will happen soon.

6 ngày trước

Giao dịch được đóng thủ công

I have closed this Short because I see continual rechallenges of high price set. Until I get more evidence to go Short,