XAUUSD Short update

xauusd daily closed under the 50 ema

So this is what im looking at for a short position entry

So once gold opens there should be a pop to the .236 lvl of 1677.304 but what i want is a pop above 1677.304 because it can be used as a resistance but if it does get above then i would get in a short at 1680.380 - 1681.917 for a perfect for a short with a tight short entry

Aggressive short entry:
support or levels to break - .236 - 1677.403
Has to break 1665.643 (10%) or it can be used as a bounce zone/resistance if it goes down

Safe short entry: 1680.380 - 1681.917
Levels to break-
-1677.302
-1665.643

TP 1 - 1665.643
TP 2- 1636.426 if 1665.643 gets broken and used as a resistance should come down here around wednesday and we will get a bounce at this zone because of cpi and job reports

Any questions feel free to ask will be here to answer

Commentaire:

bullish if gold closes above 1683

Commentaire:

will let you guys know when i got in and why

Commentaire:

so at the moment if you look at the 4 hour there is a fake break down so watch for the retest i dont think the .236 can hold it down and we also need to break and close below the 20 ema on the hourly

Commentaire:

i think we might get a bounce at 1670 if it break under then ima get into a sell

Commentaire:

still not anything yet its pretty slow atm

Commentaire:

get a bounce at 1670 itll retrace to 1677.403

Commentaire:

in a short here

Commentaire:

ima try to short it back to 1680 at the 10%

Commentaire:

flush it back to 1680

Commentaire:

L

Commentaire:

1703 buy zone she'll propbably run to 1740

Commentaire:

new chart is up for a bull swing and bear swing