Powdahound
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$XAU/USD(XAUUSD.CFD$
Gold giving me mixed signals ! On the one hand , there a chance it could dip down to 2320 .
Investors seem a bit nervous about upcoming inflation data , which could put downward pressure on prices .
Im also keeping eye out for a strong selling opportunity . If gold breaks below that 2340 level with a powerful closing candle , that could be my cue to hit the sell button .
The key word here is “maybe” The market can be unpredictable , so its important to be flexible and adjust...
Gold giving me mixed signals ! On the one hand , there a chance it could dip down to 2320 .
Investors seem a bit nervous about upcoming inflation data , which could put downward pressure on prices .
Im also keeping eye out for a strong selling opportunity . If gold breaks below that 2340 level with a powerful closing candle , that could be my cue to hit the sell button .
The key word here is “maybe” The market can be unpredictable , so its important to be flexible and adjust...
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Powdahound
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$XAU/USD(XAUUSD.CFD$
Gold was on fire this night ! Nailed it again 😍, hit my target of 2351.00 just like I said in the comments sections .
Looks like that good news from the S&P Global PMI data boosted the Dollar , which pushed gold down a bit .
Gold was on fire this night ! Nailed it again 😍, hit my target of 2351.00 just like I said in the comments sections .
Looks like that good news from the S&P Global PMI data boosted the Dollar , which pushed gold down a bit .
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Powdahound
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$XAU/USD(XAUUSD.CFD$
Gold has already reached my target of 2423.00 .🤯
My next target is bearish trend for gold with potential support at 2398.00 Im looking forward to the potential price movement .😎
Gold has already reached my target of 2423.00 .🤯
My next target is bearish trend for gold with potential support at 2398.00 Im looking forward to the potential price movement .😎
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Powdahound
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$XAU/USD(XAUUSD.CFD$
Gold. (found) another swing trade setup (triangle). 22/May/24. XAUUSD possible forming a triangle pattern in wave B (Red). Lock your short position to risk free with price set to breakeven.. if you were short at 2428 +/- from last ideas and let the profit run
Gold. (found) another swing trade setup (triangle). 22/May/24. XAUUSD possible forming a triangle pattern in wave B (Red). Lock your short position to risk free with price set to breakeven.. if you were short at 2428 +/- from last ideas and let the profit run
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Powdahound
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$XAU/USD(XAUUSD.CFD$
Gold. Short toward TP1 at 2375 +/-. 21/May/24. XAUUSD probably completed wave (A)(green) leading diagonal pattern. Targeting now toward wave A (Red) which is confluence of zone of : 1) VWAP line ( Blue MA) 2) 1H 233 EMA (white) 3) Parallel Channel support (blue).
Gold. Short toward TP1 at 2375 +/-. 21/May/24. XAUUSD probably completed wave (A)(green) leading diagonal pattern. Targeting now toward wave A (Red) which is confluence of zone of : 1) VWAP line ( Blue MA) 2) 1H 233 EMA (white) 3) Parallel Channel support (blue).
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Powdahound
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$TIDAL TR II DEFIANCE R2000 ENHANCED OPTIONS INCOME E(IWMY.US$
Why are the chart, historical high, 52wk high wrong? IWMY was trading above $18 in Feb 2024.
Why are the chart, historical high, 52wk high wrong? IWMY was trading above $18 in Feb 2024.
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Powdahound
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$XAU/USD(XAUUSD.CFD$
Gold possible won't reach 2400. 16/May/24 XAUUSD possible forming a tripe zig zag (W)(X)(Y)(X)(Z)( Green ) in wave B ( Yellow circled ) instead of expanding diagonal from previous ideas. The latest CPI data probably "price in" for Just 1 rate cut by Sept 2024 from FED.
Gold possible won't reach 2400. 16/May/24 XAUUSD possible forming a tripe zig zag (W)(X)(Y)(X)(Z)( Green ) in wave B ( Yellow circled ) instead of expanding diagonal from previous ideas. The latest CPI data probably "price in" for Just 1 rate cut by Sept 2024 from FED.
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Powdahound
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$XAU/USD(XAUUSD.CFD$
Gold's overall roadmap toward 2150 +/- 15/May/24. XAUUSD's Wave A (yellow circled) is leading diagonal while wave B (Yellow circled ) is an expanding flat pattern (A)(B)(C)(green) So! The correction of gold not done yet!.
Gold's overall roadmap toward 2150 +/- 15/May/24. XAUUSD's Wave A (yellow circled) is leading diagonal while wave B (Yellow circled ) is an expanding flat pattern (A)(B)(C)(green) So! The correction of gold not done yet!.
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Powdahound
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Powdahound : Waiting as well
Powdahound King CrabOP: @King Crab still in my trade. TP 2332