CFD Oro (US$/OZ)Short
XAUUSD Bearish Outlook
Aggiornato
I am watching GOLD after the recent breakdown of a triangle pattern. Price has come back to test the triangle and we are waiting patiently for a signal to go back short. The 1H time frame is almost done filling a fair value gap and it lines up with the bottom of the triangle. Gold can prove to be tricky to pin an entry so i would like confirmation before taking it short.
Follow this idea for updates and when an entry is taken!
GOLD after the recent breakdown of a triangle pattern. Price has come back to test the triangle and we are waiting patiently for a signal to go back short. The 1H time frame is almost done filling a fair value gap and it lines up with the bottom of the triangle. Gold can prove to be tricky to pin an entry so i would like confirmation before taking it short. Follow this idea for updates and when an entry is taken!
Nota
We see that the bottom of the triangle is rejecting price action. I want to see a lower high placed before an entry is taken but this setup is starting to materialize.Trade attivo
if we dont clear 2020 here then i would say its safe to enter a short postion Here. Stop at maybe 2020Trade attivo
Looks like we got a rejection candle on the daily and our strat is printing sell signals on the 1hr. My stop will be 2030 and looking to target 1960 area.Trade attivo
Moved my stop a little to give this room to work.Nota
We are forming a rising wedge after breaking down the triangle. big watch here.Trade chiuso: stop raggiunto
broke topside.
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