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Koyejo

XAUUSD SHORT - Patiently and Carefully Look for Entry

Singkat
Emas Semerta / Dolar A.S. (FOREXCOM:XAUUSD)  
Koyejo  
FOREXCOM:XAUUSD   Emas Semerta / Dolar A.S.
Trend Analysis Chart Patterns multitimeframeanalysis confluencetrading swingtrading swingtrade xauusdshort impulsecorrectioncontinuation Technical Analysis Good Risk/Reward 1272 Fibonacci Extension
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trendanalysis chartpattern multitimeframeanalysis confluencetrading swingtrading swingtrade xauusdshort impulsecorrectioncontinuation technicalanalysis goodriskreward 1272fibonacciextension
After completing an impulse and correction on the daily chart, I expect this pair to make another impulse and create a lower low. Considering that the pair is currently inside a resistance area with strong market structure and Fibonacci confluence, it is a good time to monitor price action development on lower time frames to find a good entry. A good swing target would be the 127.2% fib extension of the daily retracement.

It is very important to be patient and careful with gold, it can be mercilessly manipulated.

Idea Berkaitan

Koyejo
Gold Looking Ready To Sell
Penafian

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