I took short @1579 but got victim of small stop loss. 1576-8 may be retested again before the continuation of bears

4 + 1 (Metals) strategy

taken short with sl @1580

4 + 1 (Metals) strategy

Let's see what h1 selling area will show. 1575 has become key for further bulls. If it 1569-75 area resists we may find 1557 or even 1550

4 + 1 (Metals) strategy

Very much possible but a long journey.. What's your anticipated time to reach that target and stop loss?

4 + 1 (Metals) strategy

Banked some in short from 1575. Let's see if day closes below 1575 or not

4 + 1 (Metals) strategy

Really mixed up.. Close above 1583-85 may bring it to 1595. Then divergence may come to play it's role.

4 + 1 (Metals) strategy

It did the same. I've closed my long. Now need to look price action between 1575-85

4 + 1 (Metals) strategy

1557-59 is now key area for bulls to continue. 1557 may be tested again if day will not close above 1568-70

4 + 1 (Metals) strategy

Have you noticed h1 is also printing HnS? Short term selling is expected

4 + 1 (Metals) strategy

noticed bud.. thanks

4 + 1 (Metals) strategy

Hi Obi.. inverse HnS is getting printed on m15. what's your input? I've taken long but a bit higher @1557

4 + 1 (Metals) strategy

It looks to me that bears are taking control slowly. 1560 has become key area for bulls if price closes above. Close below 1550 may get price further low

4 + 1 (Metals) strategy

Need to look at h1 closure around 1556-58 for possible short targeting 1550-52 or bullish continuation

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

on h1 it will be more clear on h4 if current h4 will be closed bullish

4 + 1 (Metals) strategy

Have you found it forming invest hns? Right shoulder @1548

4 + 1 (Metals) strategy

It's working so far. As Obi mentioned, first hurdle for bulls is 1560 then 1566. We may find bears again from 1570

4 + 1 (Metals) strategy

Monthly pivot @1543-44 Price is below pivot, close above after showing good support @1535 may trigger for long. Rejection from pivot may drop it further to 1527-30

4 + 1 (Metals) strategy

Going long with SL 1566

4 + 1 (Metals) strategy

london sold off and formed bearish engulf.. a little concern to bulls expecting more correction on daily chart. last night I mentioned 1570 needs to be broken out and closed above.

4 + 1 (Metals) strategy

yes it is very strong support as it bounced back from long trend line shown in chart. However close above 1570 (resistance now) is must to go further long. close below this supportive trend line may bring big correction as Iran US matter is also ...

4 + 1 (Metals) strategy