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original_moneyflow_trader

Not buying top of a rising wedge gold could drop $100+

Short
Or / Dollar Américain (OANDA:XAUUSD)  
original_moneyflow_trader Mis à jour   
OANDA:XAUUSD   Or / Dollar Américain
Trend Analysis
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trendanalysis
4hr time frame shows a wedge, in which the top traders sold out, and new buyers are now bag holders. I'm looking for gold to drop $100, and potentially form an inverse head and shoulders. My target is low 1600, to potential bottom of the channel $1500 very easily
Commentaire:
daily view
snapshot
still bearish w/ a bearish wave analysis
Commentaire:
1640 needs to hold for the bulls, to potentially form an inverse head and shoulders. I will be monitoring this level for support, if it give away, then the bottom of the channel for Gold around 1500 is the target
Commentaire:
bearish ab-cd pattern on daily
snapshot

Idées en relation

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original_moneyflow_trader
Gold to fall another $100-$150+ bearish wave pattern
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