XAUUSD (Gold) - NFP & FED Trading - Intraday - Elliott Wave

6 set 2019

XAUUSD (Gold) - BUY Orders

Aggressive Entry @ Market Price (approx. 1505.00) with SL @ 1490.00

Moderate Entry @ 1495.00 with SL @ 1475.00

Many pips ahead!

* If you like this idea, please support it with a LIKE so I can post more.

6 set 2019

Trade attivo

6 set 2019

Nota

Stops placed at break-even.

Risk is now 0!

Pfiu ... :)

Now let's see if we can make some money.

6 set 2019

Nota

Advanced stuff.

6 set 2019

Trade chiuso: stop raggiunto

OK, so I got stopped at BE.
NFP cause the spike, but FED caused the fall.

6 set 2019

Nota

The coming week will be crucial for XAU!

If it continues lower in an impulsive manner, then a correction would pave the way for a big sell-off.



However, there are still chances for a "clumsy" continuation within an Ending Diagonal, should XAU manage to bounce next week.

* In case of a breach, then the lower trend-line would act as the rejection zone and the sell-off entry.

* In case of a bullish impulse, then the Diagonal would be in play and the 1565-1585 zone should give more signs for the reversal.

**Note that 1585 reflects Sep 2011 and Dec 2015 Fibonacci Retracements, the Golden Ratio 61.8%.

Let me know if you guys agree or like this view.
Many pips ahead!

6 set 2019

Nota

In case of a bearish continuation, I will be ready.

9 set 2019

Trade attivo

Went on an intraday long with XAU.

10 set 2019

Nota

XAUUSD structure implies a bit more down-side before a bullish sequence.
Important to watch how that one unfolds.

11 set 2019

Nota

Bullish divergence is definitely there, but the current intraday structure could reflect a triangle, making one more dip possible, then a spike on the up-side.

12 set 2019

Nota

Possible more down-side as the last leg before a bigger bullish sequence.

12 set 2019

Nota

Is the Fractal in the blue right or what?!?

13 set 2019

Nota

Bullish Fractal looks promising.

20 set 2019

Nota

Head & Shoulders coming, after the bullish swing.