Technician
Singkat

Gold ready to selloff!

FX:XAUUSD   Emas/Dolar U.S
Looks like gold             is heading for a retreat. Simple setup on horizontal clear resistance, in additions to bearish divergence on Fisher.
The price action friday validated this resistance , as the price formed a shooting star candle.

Will be watching the lower time frames as i am Looking to short next week
keep posted


Best
Technician
Komen: Thanks for your comments guys, lets wait for final trade confirmation. lets extend our winning streak.
Komen: watching price around this resistance
Komen: No trade yet, no reason to go short for me without confirmation
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
my targets is beyond 1220 approx
Balas
sir your gold sellf off targets now reday to take off
Balas
BUSTED!!!!!!!!!!!!!!
Balas
Technician:

I don't think you have seen any confirmation yet, am I right?
+1 Balas
not in yet. too bullish
Balas
short @ 1.292, -> SL@ 1.297,5
Balas
I'm also not in yet. Will wait for daily close, and if the current candle covers the 3/4 of the shooting star tail. This trade will be regarded as invalid... Will then look to go long.

My opinion
+1 Balas
Always best!
Balas
I entered a short on Friday. I hope it follows the same range as the previous weeks. I put my stop just above Friday's high of 1300.
Balas
Very nice Tech, I found a short-term sell abc trade.
Thank you... :)
Balas
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