yes, it is expected. you should maintain intraday stop below $1487.

4 + 1 (Metals) strategy

we will wait for confirmation, still, H1 is not given closing above 200 EMA. Stop-loss can be $1480.

4 + 1 (Metals) strategy

from last couple of day XAUUSD trading in the range of $1475-$1500, taking strong support of $1474, H1 formed a symmetrical triangle bullish breakout expected above $1493, if H1 closed above 200EMA i.e. $1493, then we will see upside level of $1516.

4 + 1 (Metals) strategy

XAUUSD H4 consolidating below the trendline and taking H4 strong support of 200 EMA. For now, $1474 can be the immediate support, Possible long-range $1478-1$480 for the target of $1497-1507 with the stop loss of $1470 note: If H4 Close below $1474 ...

4 + 1 (Metals) strategy

10-10-2019 XAUUSD was forming a double top 1 hour and same has completed today. we have also seen double top neckline breakout, I am still bearish on it. we can see more bearish below initial support of 1477.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

XAUUSD 4 hr given strong breakout of double top. $1462-1458 can be the support zone.

Gold RIGHT NOW

4 hr given closing below the neckline and continuing its bearish trend. the next support zone can be 1462-1458.

4 + 1 (Metals) strategy

I am not expecting much more downside intraday movement, it has also given double top neckline breakout in 4hr, but I will wait for 4 hr closing below the neckline, further consolidation below neckline can continue the bearish trend.

4 + 1 (Metals) strategy

given breakout below 1490 and dollar index are also supporting this bearish breakout.

4 + 1 (Metals) strategy

XAUUSD- After trend line breakout 1hr it's consolidating below the trend line in the range of $1490-$1503. further downside can be expected below 1490.

4 + 1 (Metals) strategy

gold $1501-1502 can be the initial resistance, for now, it has given trendline breakout in 1 chart and closed below the trendline, short recovery can be seen till $1500.

4 + 1 (Metals) strategy

GOLD 1 hr possible double top formation.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

yeh....! Thanks, MzansiObi since I am trading only on the breakout so the number of trade is very less. I do not have confidence in reversal, it's very tough to trade on reversal when you expect a breakout. but I hope I'll find some reversal ...

4 + 1 (Metals) strategy

XAUSD - from last couple of days gold trading in range of $1496-$1519 and now consolidating at upper level of down slop parallel channel. I will more bullish if its manage to trade above channel breakout ($1517). and from last few trading session we ...

4 + 1 (Metals) strategy