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X-Sequentials Trading and Daytrading: DAX Index, SP500 Index, Nasdaq 100 Index, EUR/USD, Gold and Brent Oil !

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#1 2021-02-22 21:55:09

DevinTXASage
Administrator
Registered: 2020-11-21
Posts: 482

Gold X-Sequentials Daytrading February 22nd, 2021 - March 5th, 2021

Dear readers,

Gold Futures Comex:
Gold missed an X-Sequentials 5XZ upside target zone with the high of $1878.9 on 1/29/2021 and fell to $1759.0 by 2/19/2021. With this low, an X-Sequentials 5XZ inverse downside target zone was reached. An upward reversal in the $1768 to $1752 range was expected. Accordingly, gold is currently trading higher. The upside target is $1852. The minimum upside target is $1836.3. The mark of $1759  must not be undercut. Gold is trading at $1807.3 on Monday, February 22nd, 2021.
Strategy:
If gold breaks the low of $ 1767.2, it should move down to $ 1668. The current upward movement is traded up to the price target.
Care is taken to ensure that gold reaches a lower price target of $1815 to $1820 and then trades above $1767.2 over a 4-hour closing price.
Gold Futures Comex 4h X-Sequentials Chart:
Gold4h22-Feb21.png

Sincerely yours,
Devin Sage, TXA Trading
www.Technische-X-Analyse-Trading.com

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#2 2021-02-24 15:42:19

DevinTXASage
Administrator
Registered: 2020-11-21
Posts: 482

Re: Gold X-Sequentials Daytrading February 22nd, 2021 - March 5th, 2021

Gold X-Sequentials Trading Update 22.2.21-5.3.21: Will gold trade above $ 1815.2?

Dear readers,

Gold Futures Comex:
Gold reached a lower target price of $ 1815.2 at $ 1815.2 on February 23, 2021, and traded lower at $ 1786.7 on Wednesday, February 24, 2021. Gold last formed an "X-Sequentials 5XZ inverse" low point on February 19, 2021, with the low at $ 1759.0. An upward movement to the X-Sequentials resistance level at $1852 can be expected. The minimum price target is $1836.3. For this, the $1759.0 mark must not be undercut. Support is in the price range of $1782.2 to $1777.7. Resistance is in the $1789.8 to $1797.7 price range.
Strategy:
The upward movement up to the price target at $1852, at least to $1836.3 should be traded.
An upward movement is only present when the 4-hour closing prices are above $1831.5.
Should gold break the low of $1767.2, it should move down to $1668.
Gold Futures Comex 4h X-Sequentials Chart:
Gold4h22-Feb21.png

Sincerely yours,
Devin Sage, TXA Trading
www.Technische-X-Analyse-Trading.com

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