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
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
Kommentar:
bullish if gold closes above 1683
Kommentar:
will let you guys know when i got in and why
Kommentar:
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
Kommentar:
i think we might get a bounce at 1670 if it break under then ima get into a sell
Kommentar:
still not anything yet its pretty slow atm
Kommentar:
get a bounce at 1670 itll retrace to 1677.403
Kommentar:
in a short here
Kommentar:
ima try to short it back to 1680 at the 10%
Kommentar:
flush it back to 1680
Kommentar:
L
Kommentar:
1703 buy zone she'll propbably run to 1740
Kommentar:
new chart is up for a bull swing and bear swing