+++ gold short sniping idea +++

2021年5月6日

gold has pumped to 1795 like mentioned in my previous analysis and now having issues to break above it , besides it we have a beautiful bearish harmonic pattern formed under that strong resistance (1795), if gold doesn't break it with a clean and green candle , it will surely fall to 1782 levels once again and if it breaks under it will keep pushing down to 1774/1767 levels.


if you like my ideas that i put a lot amount of efforts in please do like it and comment me your thoughts bellow i read all your comments and that would help my tradingview community to grow .

that said guys i wish you a good luck and safe trading.

i'll do more updates if needed on this chart so if you aren't a follower please do so you don't miss any of my future updates ; because sometimes i put my updates just at seconds before that pump or dump so you don't miss any of it .

2021年5月6日

註釋

2021年5月6日

註釋

gold is having issues breaking my rejection zone as long it doesn't break above it with green and clean candle it will fall slowly back to 1809, once it breaks under it gold will fall like a water fall straight to 1796.
good management and patience are the key if you want to succeed trading gold.

2021年5月6日

註釋

bearish ABCD pattern under my rejection zone

2021年5月7日

註釋

despise gold being on steroids the pump was due to USD weakness , price after breaking my rejection went straight to 1842 (my bullish target that i market and was expecting).

now if price breaks 1728 it will likely to visit 1817 again.