Gold Live Trade
- Weekly: Strong breakout to the downside.
- Daily: Price rejected daily resistance and broke down on the 4H.
- 4H: Rejected 4H resistance, then broke lower.
- 1H: Another rejection at 1H resistance + breakout to the downside.
All timeframes are now aligned to the downside.
I’m taking a sell at the current 1H resistance level.
This is a high-probability bearish trade with multiple timeframe confirmations. Price has clearly lost upside momentum and is breaking lower structure across the board.
Simple, clean, and bearish.
Let’s see how far this leg goes.
Who’s selling with me?
If this Gold trade plays as predicted
TP 1 = 1:4 RR
TP 2 = 1:9 RR
Total of 1:13 RR
Let's see how it goes.
TP 1 SMASHED
1:4 RR Bagged 🎯
Let's watch out for TP 2
Is this TradingView?
TP 1 SMASHED
1:4 RR Bagged 🎯
Let's watch out for TP 2
This is where we are on our Gold setup
We're in the corrective phase, waiting for the expansion phase
This is where we are on our Gold setup
We're in the corrective phase, waiting for the expansion phase
Let's see how it goes
Let's see how it goes
Nice.
I caught the same trade.
I'm expecting it to retrace back to your entry before continuation.
Nice.
I caught the same trade.
I'm expecting it to retrace back to your entry before continuation.
Hopefully let's watch out
Let's see how it goes
But is this actually a real trade or just an analysis? Lets be differentiating and showing the profit/loss on the chart so others can see how much you are risking, lot size etc.