$XAU/USD (XAUUSD.CFD)$ I'm back with my bearish stance, ready to act once it's under control!
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$XAU/USD (XAUUSD.CFD)$ Tonight, we are just waiting for this level to break before officially turning bearish
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$XAU/USD (XAUUSD.CFD)$ The opportunity has finally come again; watch for a breakout above the previous low, and make sure to set a stop-loss
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$XAU/USD (XAUUSD.CFD)$ The stop-loss was triggered
There is a small double top on the 15-minute chart; if it breaks through, you can go short. Set the target at the previous low and make sure to place a stop-loss order!
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$XAU/USD (XAUUSD.CFD)$ After the breakout and pullback, you can go short, set stop-loss at 4730
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$XAU/USD (XAUUSD.CFD)$ The small consolidation range has been breached, and going long is possible. The target is near the previous high of 4845, and a stop-loss should be set.
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$XAU/USD (XAUUSD.CFD)$ Yesterday, there was a fake breakout during the rally, and it got pushed back down. What do you all think about today's movement? Personally, I'm leaning bearish.
Remember, don't rush now. You must wait for him to develop the pattern below before deciding how to enter the market.
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$XAU/USD (XAUUSD.CFD)$ $Gold Futures (JUN6) (GCmain.US)$ After experiencing a wave of high-volume decline, gold has now formed an ascending flag pattern. This is a very typical downtrend. At this stage, there are signs of breaking through the downward channel. A breakout could present a shorting opportunity, with the target being the previous low. Stop-loss orders should be set properly. Recently, it has been quite volatile.
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