3rd week of Aug, (FOMC week)

Usually, I don't post my ideas on Monday, but here it is. Price has aggressively moved for correction which has broken rising wedge pattern. It is hard to gauge where gold bounce. It could range from 0.5 to 0.786 area. The only clue is to see candle close.

تعليق:

Some short scalp idea...

s3.amazonaws.com/tra...shots/t/TKGsI1Rz.png

تعليق:

Short Scalp entered and TP hit..

تعليق:

s3.amazonaws.com/tra...shots/s/SHottUmQ.png

تعليق:

There are still rooms for a drop imo.

تعليق:

Watch this triangle.. More pullbacks or reverse up?
s3.amazonaws.com/tra...shots/s/SLXbVda3.png

تم فتح الصفقة:

We are at the LONG zone now... ;)

تعليق:

Safe SL is below 1249 imo.

تعليق:

Can shift SL to BE now.

تم فتح الصفقة:

I have multiple long at my Telegram chat. Even caught the low 68. This is what I see until end of this week. Final hurdle is yellow box.

s3.amazonaws.com/tra...shots/j/Je8xBrnv.png

تعليق:

Watch the candle..
s3.amazonaws.com/tra...shots/x/XIrqZJqx.png

تم فتح الصفقة:

:) Bullish flag is tested to be broken upwards.
s3.amazonaws.com/tra...shots/e/ewM0EFXt.png

تعليق:

Bull flag failed... :( may retrace deeper. Can't comment much right now. Just watch 1h and 4h close for clues

تعليق:

Continue making the flag. The longer the flag, the higher it propels.

تعليق:

s3.amazonaws.com/tra...shots/r/RG37gtZX.png

تعليق:

Just remember, if it doesn't break the upper TL, bull flag is not completed. Just stay put and observe. I have taken some profits as well from 68,70,74.

تم فتح الصفقة:

On point! More to come before week close.

s3.amazonaws.com/tra...shots/e/E1Y1nXgp.png

تم فتح الصفقة:

1300... See you guys next week. :) More space to go.

s3.amazonaws.com/tra...shots/v/vfhBoxeQ.png

تعليق:

Let it break the stalemate.

s3.amazonaws.com/tra...shots/r/rL9X8oZD.png