Closed TradesCommodities PremiumForming Harmonic PatternsHarmonic Patterns PremiumPremiumTrade SetupsXAUUSD Gold Trade Ideas Premium

XAUUSD Gold Potential Bearish Gartley and Short Opportunity : TradesClosed 700 Pips

XAUUSD Gold Potential Bearish Gartley and Short Opportunity

Description: We see a potential Bearish Gartley Harmonic Pattern on the H1 Chart. If the price breaks above 1193.50, it is likely to test Fib 78.6 of XA. This is our area of the entry and we will look for a short opportunity between 1196 – 1198.


Pair / Instrument:XAUUSD

Time Frame: H1

The trend in the Timeframe: BULLISH

The trend in the Daily Chart:  BEARISH

Trade Based On: Bearish Gartley

Accuracy: %78

Recommended Lot Size: 0.10 @ 10 K Account with 1:100 Leverage

Trade: SHORT

AREA OF THE ENTRY:  1196 – 1198

STOP LOSS: Above X 1201.64

TARGET 1: 1191.67

TARGET 2: 1188

TARGET 3: 1181

You can follow the trade XAUUSD GOLD Bearish Gartley

Trade Stoped Out.  300 Pips

We have entered another short trade as : GOLD SHARK AND RESISTANCE

Targets Reached Trade Closed: 1000 Pips

We closed the trades with 700 Pips Profit

Subscribe to our services free of charge


Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.
Forex Signals



If you find our content useful, you can donate via PayPal.

Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

You can contact us via Skype User Name: Chartreaderpro

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

XAUUSD GOLD Bearish Gartley: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Show More

Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.