XAUUSD at Multi-week Resistance: Possible BIG SELL Singkat

Gold/U.S. DollarFXCM

Huraian

⋅ 14 Jun 2019 pukul 06.50

Gold is knocking at a very STRONG RESISTANCE Zone. This resistance zone as held for the last 3 years. So, there is a high probability that Gold can fall from this area.
In the 4H, 1D timeframe, we can see BEARISH DIVERGENCE on the RSI as well.
Hence, traders can look for SELL between 1353-1360 area with SL above 1365.
TPs can be set at 1340, 1331 and 1310 respectively.

Komen

⋅ 14 Jun 2019 pukul 12.56

Price reversing nicely from the sell zone. Holding Sell Trades with 1340 as first TP

Komen

⋅ 14 Jun 2019 pukul 17.41

First Target Reached. Bagged 160 pips from the top

Dagangan ditutup: hentian tercapai

⋅ 20 Jun 2019 pukul 08.59

Komen

⋅ 20 Jun 2019 pukul 08.59

Price broke through the Resistance

Komen

HuPan

⋅ 20 Jun 2019 pukul 01.56

Rod64

⋅ 20 Jun 2019 pukul 12.57

good eye, good eye !!! went 1393, 1384

TraderAvDM

⋅ 20 Jun 2019 pukul 12.59

@Rod64, It did. But I managed to get a significant chunk of my target. It was actually published last week.

PLAINVI3W

⋅ 20 Jun 2019 pukul 02.43

It's held longer than the last three years. Try since 2013. A lot of profit taking / wick making via mid Tokyo sesh June 19

TradingShot

⋅ 15 Jun 2019 pukul 11.42

Returning the favor AvDM!

ZenMode

⋅ 15 Jun 2019 pukul 04.47

very like minded! thanks for sharing! #followingyou =)

TraderAvDM

⋅ 15 Jun 2019 pukul 04.52

@ZenMode, Thanks buddy. Looking forward to reading your future ideas :)

Bullandbeartrading

⋅ 14 Jun 2019 pukul 19.45

Interesting post. Lets wait if the price breaks above or below the Res or Supp.

TraderAvDM

⋅ 15 Jun 2019 pukul 04.03

@Bullandbeartrading, Yeah already took partial profit. Let's see what happens next week

Lebih