Hi,
This trade setup is widely inspired by faylee analysis.
Some convergence point are interesting with Gann / Fibonacci and Prices Structure.
Regarding gann (experimental), gold should hit a top in early days of november : $1307 (i will watch closely 1292 also)
Then, gold should start its a bloody november drop with a target at $1166 (retracement .618 at 1172).
I'm expecting a yearly close around 1200/1210.
This trade setup is widely inspired by faylee analysis.
Some convergence point are interesting with Gann / Fibonacci and Prices Structure.
Regarding gann (experimental), gold should hit a top in early days of november : $1307 (i will watch closely 1292 also)
Then, gold should start its a bloody november drop with a target at $1166 (retracement .618 at 1172).
I'm expecting a yearly close around 1200/1210.
Dagangan aktif
As i said in the summary, i was expecting a touch on 1292 (because of a bearish pattern - not present in the chart).Short 91.
If break, i will targeting 1307 as explained in the chart.
Nota
Stopped 94 / Wait 1307 for short Long if price pullback 92 before
Nota
First short triggered at 1304 (i split my position in 3 : 1304 / 1305.5 / 1307) SL @1312Nota
Close BE. Re-split in 2 positions 1307 and 1309 SL@1312Dagangan aktif
Nota
Close the short at 1303 before weekly close after took some profit on 1288.These days are so unpredictable and keep a position over week is too risky.
I will see on monday if no gap up, i will short again $1307.
Go Hilary ;)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.