$XAUUSDHow y'all be posting screenshots?
Gold Spot / U.S. Dollar forum
GOLD Gold Buy Now Entry 3274 3272 Target 3300 Hold Trade Buy
XAUUSD 2 weeks in a row,a the sellers were in control. The downward force this week is strong. The possibility of further drop in the future is highly probable. However, there's also a potential recovery next week. Overall it's still an up trend however, I wont ignore the new LH that formed this week as well.
$XAUUSDPrice Action Overview
5min Timeframe
Current Price: $3,272.83
Clear short-term downtrend — price making lower highs and lower lows.
A few small bullish candles recently, but no strong reversal pattern.
Price is trying to hold above the $3,270 area, which could act as a short-term support.
No trend reversal signal: No bullish engulfing, no double bottom, no MACD/TSI crossover.
Momentum (TSI) is still clearly bearish.
Current candles look more like a pause in selling, not a shift in trend.
So with that being said go big lot on sell next week
Keep in mind for next week
5min Timeframe
Current Price: $3,272.83
Clear short-term downtrend — price making lower highs and lower lows.
A few small bullish candles recently, but no strong reversal pattern.
Price is trying to hold above the $3,270 area, which could act as a short-term support.
No trend reversal signal: No bullish engulfing, no double bottom, no MACD/TSI crossover.
Momentum (TSI) is still clearly bearish.
Current candles look more like a pause in selling, not a shift in trend.
So with that being said go big lot on sell next week
Keep in mind for next week
XAUUSD when everyone buys. Sell. See you sub 3000
XAUUSD The market will close at 3275 and close today's trade book.
GOLD New low has been set 3,255, pullback to be expected for coming week as price is hanging on a trendline acting as support. We will see...
XAUUSD Our experience is that if you trade today, you will be acting foolishly.GOLD Now this market will be closed, there is no point in giving a target, so let's meet on Monday when the market opens
XAUUSD close above 3280 !?