Plz read my Friday commentary below first to get a feel 4 today!
https://www.tradingview.com/x/9Leu7ZxJ/
Precious metals particularly Gold are very strong today.
XPTUSD is bucking the trend and bearish as it wants to trigger this bearish H&S. It may play out very soon. I will send out an alert. It has already retested so a break of the neckline could mean a swift move down before it's price will snap back bullish and play catch up with Gold. So you could ride it both ways....down and up.
Precious metals particularly Gold are very strong today.
XPTUSD is bucking the trend and bearish as it wants to trigger this bearish H&S. It may play out very soon. I will send out an alert. It has already retested so a break of the neckline could mean a swift move down before it's price will snap back bullish and play catch up with Gold. So you could ride it both ways....down and up.
Transaction en cours
Don't sell this yet guys..you will get hammered..gold is very bullish today..We wait for a break of the neckline on some volume downwards and a bearish candle like a bears pinbar.Transaction en cours
Short: This is at the neckline. Look for a bearish candle.Transaction en cours
SELL XPTUSD
Transaction en cours
I am SHORT with small lot size for my account.
It recently bounced off the neckline. It has previously retested.
Its a bearish scenario on the 1HR and 2HR timeframes XPTUSD
Transaction en cours
Short:
Down it goes on selling volume
* Trading is risky. Don't rely solely on my investment advice.
Transaction en cours
Sell Platinum:
A legitimate TP would be all the way down at 922.5.
No reason why it can't get there because its been bucking the trend in gold's bullishness all day in Asia/Oceania.
Transaction en cours
Notwithstanding I think XPTUSD, the Gold price should bubble along good today, here is why.... The USDX is under pressure on the lowertime frames. See chart.
Transaction en cours
Short:
This looks to breaking down now.
Note
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.