Mulai
amanpaulbhogal

Shorting Gold (XAU/USD) on the daily timeframe

Penjualan
Emas / Dollar A.S. (FX:XAUUSD)  
amanpaulbhogal  
FX:XAUUSD   Emas / Dollar A.S.
Support and Resistance shortsetup hightest_bar stochastic_divergence rsi_divergence trendcontinuation Parallel Channel
1
0
supportandresistance shortsetup hightest_bar stochastic_divergence rsi_divergence trendcontinuation parallelchannel
Gold (XAU/USD) has shown repeated weakness and is once again offering a short entry. A break below and a retest of 1240 forming a high test yesterday bodes well for further price decline. The reward potential is a hefty 5:1 on the way down. Although a set up is still visible, there are, however, a few words of warning. Beware of Stochastic and RSI divergence, which if price adheres to, Gold (XAU/USD) could pull back into the moving averages and then give new short opportunities with an even lumpier reward:risk.

entry - below today's inside bar

stop - above yesterday's high test

target - 1179

Ide yang Berhubungan

amanpaulbhogal
What is Gold (XAU/USD) revealing?
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.