XAUUSD - 15M - More downside?
We recently saw the break of a relevant 4h trendline. Currently we are sittin in consolidation. If we break this consolidation to the downside i will be looking to sell anticipating another bear impulse.
Keep in mind that the overall trend in gold is up now and this break will most likly only indicate a longer term abc correction (on the daily timeframe) since that massiv upmove so far this year. after that i expect gold to go higher.
Keep in mind that the overall trend in gold is up now and this break will most likly only indicate a longer term abc correction (on the daily timeframe) since that massiv upmove so far this year. after that i expect gold to go higher.
הערה
now that we coming down. i think its time to talk abit about targets. We are currently sitting in what i think will become the A move of the bigger daily ABC correction. that being said, i think we will see a bigger correction somewhat soon(on this timeframe) that then becomes the B move. that means i suggest not goin too greedy for big targets. i will have my targets based of inverted extentions of the shark like AB leg just before the 1414 and the 1618 - due to the lack of better reasons to place those targets. but a simple 1:1 and 2:1 - two target setup will work as well.
עסקה פעילה
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.