Gold (XAUUSD)Penjualan
Gold (XAU/USD) !! Bears are Getting Ready.
How's the Josh traders??
So Gold,
Many of them are Bullish and the shorter time frame charts are showing a bullish stance.
BUT !! My Analysis Seems Different.
On the chart in Daily time frame we can clearly se Price is taking resistance near 0.618% & 0.786% of Fibonacci levels, May be I am Wrong.... but i am considering it as Impulse wave 3(Elliot Wave theory) so if i am right then wave 5 is also pending and price may move further more downwards.
AS PER MY ANALYSIS, I AM INITIATING SHORT POSITION.
SHORT GOLD
SL : HIGH OF FIBONACCI RETRACEMENT OF 0.786%
TARGET : 2366/2109
NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFER TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE.
HAVE A GOOD DAY TRADERS.
So Gold,
Many of them are Bullish and the shorter time frame charts are showing a bullish stance.
BUT !! My Analysis Seems Different.
On the chart in Daily time frame we can clearly se Price is taking resistance near 0.618% & 0.786% of Fibonacci levels, May be I am Wrong.... but i am considering it as Impulse wave 3(Elliot Wave theory) so if i am right then wave 5 is also pending and price may move further more downwards.
AS PER MY ANALYSIS, I AM INITIATING SHORT POSITION.
SHORT GOLD
SL : HIGH OF FIBONACCI RETRACEMENT OF 0.786%
TARGET : 2366/2109
NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFER TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE.
HAVE A GOOD DAY TRADERS.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.