alonso780
@t_alonso780
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alonso780
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alonso780
XAUUSD has found some support around 2580-2600 zone and currently it's trying to hold above 2600, note that GOLD is down by 4.95(13k pips ) for the month of Nov so far. bias remains bearish
alonso780
XAUUSD has found some support around 2580-2600 zone and currently it's trying to hold above 2600, note that GOLD is down by 4.95(13k pips ) for the month of Nov so far. bias remains bearish
alonso780
After US Elections, the united states economy and world economy have gained some momentum given that wars might stop under donald trump administration and now people don't need to store value in XAUUSD anymore More selling to be witnessed
alonso780
I have a good reason to believe that #XAUUSD will play out as indicated on the following chart.
alonso780
Bitcoin has been struggling to reach a new high since. From a distance I can see a bearish pattern. If it goes south I am getting out @ 60,54,50k
alonso780
Is till believe that XAUUSD doesn't have enough momentum to beat previous highs of 2400 to 2450. Bullish momentum dies off after the sellers stepped In and tried to take control of the narrative three weeks ago from 2450.Yesterday the price rose to 2350 and was unable to stay above a mini-resistance 2360 and now I still think GOLD In XAUUSD has to drop to 2300 or 2250s to find enough gas to go past 2400s and 2450.On a short term Gold is bearish. on a long term gold is bullish******************************************************************************************************8Always trade with a hard stop loss and do your research before pulling any trades.
alonso780
This pair failed to beat the previous resistance between 72k to 74k and now it will have to turn south to find some momentum.If BTCUSD falls as predicted then the 1st line of defense will be at 63k then #60k and finally 58kAlways do your analysis before placing and trades and use a hardstop loss in all your trading activities
alonso780
As done earlier. we noted that XAUUSD could not beat previous highs 0f 2400-2450 area. Now it had to drop to find momentum and a reasonable area to find some demand will be at 2300. Always do your own research before placing any trade Trade with 813trader Analysis Type: Technical. Trend Timing: Economical Fundamentals Risk Ratio: 1:3 Timeframes: 1D to Yearly. . HARD STOP LOSS ALWAYS. Feel free to follow, comment and like on our socials. Twitter - x.com/813trader Trading view- www.tradingview.com/u/alonso780/ Telegram - t.me/trader813
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