XAUUSD Looks like expanding flat ABC in making. any extreme retrace also make valid pattern to trade downspike. by previous impulse and fib line, I suspect quick spike to 1144 atleast and then Up. Any thing below is dip buying.
I do not call for short at this levels. just watch and do the dip buying. larger trade is upside.
I do not call for short at this levels. just watch and do the dip buying. larger trade is upside.
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This could be another alternative during FOMC spikes
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first 15min close very much close to our target 1144.
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1144 Done
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I think this is good snapshot to take. We did 1140.
Trade stängt: målet nått:
lets not get greedy. we got 1139 very near to 1136
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Clean 25$ I suppose.
I still believe that it will consolidate sideways and might continue down.
Shorts are dangerous at this points.
short squeeze anytime !!
I still believe that it will consolidate sideways and might continue down.
Shorts are dangerous at this points.
short squeeze anytime !!
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Serious bleeding Underway . I think tag/break of 1045 on longer term is possible.
For first I am expecting bear flag consolidation towards 1160 and then downward continuation.
That would be a new chart.
Good luck.
For first I am expecting bear flag consolidation towards 1160 and then downward continuation.
That would be a new chart.
Good luck.