RoboCash

Gold (8-12 May)

Short
RoboCash Aktualisiert   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
11
Strong DXY, and Gold has no bullish outlook so far, unless it can close above 1230 4H candle close. Short till 1217, 1209, and 1196 possibly.
Trade ist aktiv:

Watch for 1228.
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TP 1 done...
TP 2 to aim. SL shifted down...
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Gold shouldn't close above S1 in 4H. If it does, close short. We have reached TP1 and SL should move on BE yesterday.
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Structure is still bearish, shift SL above 1223. Watch the X. Today is Thursday, is either crash or reverse.
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Another thing to note. 1D candle is INVERTED HAMMER ON SUPPORT 1217.. Bullish move might be coming today. If it breaks 1223, I will go long and SL below 1215. Swing trade to at least 1248.
Trade ist aktiv:

Nothing bullish yet.
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USD good data... 1209 might be near...
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Well, good US data and no downside push.. It can only mean one thing.... Remember my post few hours ago about inverted hammer on the support?
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Wait for confirmation, at least 4H, can close your short now. Always protect your profit (those not SLed yet)
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Be patient...
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Looks like Thursday started with a bullish move. Watch the 0.382 (1296.60) area. break that and we are good to go to at least 1248.
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Watch 1H candle close.. long to 1248!
Haftungsausschluss

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