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Xuausd

XAUUSD: what do you all think?Hi All, It's in all the chart - xauusd. Please tell me what you all think. Up Trend: Impulse. Down Trend: Correction. All wave Patterns are impulse or correction. Sideway: Except for moving horizontally. Retracement: Price hit Support, Reversal Period, Stop Loss: 60/40 Split. Resistance: Price Falls below Previous Support Level . Only trade when you see repeated price pattern. Limit to roughly 15-20 trades per month 2/1. Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100 Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me for future charts, like this post if it was helpful, and thank you all. Happy trading People...
FX:XAUUSDLong
by letsgetit
5
Gold is going to 1360As you guys know when spoke about this trade it was around 1327 and 1333 we are now heading to the 1360 zone. Price is trading above the 1344 zone on the 8 hour chart! and is extremely bullish. if price closes above the 1344 and stays above 1340 zone we can still price go all the way up to 1360 which is another 120 pips. if look at the golden lines at 1324 and 1344 those are psychological zones where price played around the most and that is why I bought at all of those levels.
FX:XAUUSD
by MR_XAU
1
Gold Update: Recent PA Reveals A Possible HUGE Move Coming! We took a LONG position on Gold back on May 9th. We rode that LONG position for almost the entire month until 5/31 and banked over +490 pips! Had you followed me, you could've done that, too! But here I am going to tell you that there is a possible HUGE move coming where you could easily make much more than +490 pips! Previously, I had posted an analysis on Gold where I was seeing a very bearish Gold market. As a professional trader, I continuously and constantly analyze and re-analyze the markets and never ever get myself bought into being "right" and stay open to whatever happens. I rather be profitable than "right". So if my analysis proves to be wrong, I am always ready to make the correct move. And that is what I am doing here. Don't fight the market. Go with it! What just happened to make me switch to a bullish outlook is that Gold has broken a MAJOR trendline that had been rejecting Gold's advances several times previous. But breaking this STRONG resistance, it is signaling that the doors to higher prices are swinging open. What you are seeing my chart here is that there is a POTENTIAL Bat that is waiting to be completed not far from the broken TL. But that is NOT the BIG move I am projecting to happen! Gold can go MUCH higher! But let's see what happens after this bat gets filled and prices drop back towards the TL first. For now, it isn't the best idea to BUY yet. I would wait until there is a clear move away from the TL to fill that bat and then a fallback towards the TL and see if it holds before looking to BUY. Yes. that requires PATIENCE and strong willpower to not hit that BUY button too soon! Wait for the market to come to you. You do NOT chase the market! Here is a PREVIEW of what I am working on to thoroughly analyze about where I see Gold headed eventually:
FX:XAUUSDLong
by EverythingForex
6