Precious Metals | Bear Claw | Short Orders | Feb 2020

Precious Metals | Bear Claw | Short Orders | Feb 2020
Sell Orders with Entry / Stop Loss & Take Profit levels
Markets: Metals | XAUUSD & XAGUSD

Precious Metals have been booming throughout 2019, showing true power and sustained price-action growth.

I’ve been able to patiently track and share multiple decisive swings.
The highlights video below endorses my words.

Following November 2019’s correction stages, the Precious Metals BUY Signals panned out in an extraordinary manner, excelling into a 1500 points rally.

“XAU & XAG | Day Trading | Buy Orders | Nov 2019”

Precious Metals (XAU & XAG) | Quick Analysis

A Fractal Pattern has been noticed again, and it reflects the Feb 2019 – May 2019 corrective sequence.
This leaves me to think that Precious Metals would dip before the next rally.

XAU/USD – Daily Chart (picture)

* the turquoise boxes highlight the similar, self-repetitive patterns.

Now that you know what’s on the menu technically wise, let’s dive into the trading stance!

Precious Metals | Gold & Silver | Short Orders

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XAU/USD – 2H Chart (picture)

XAU/USD – SELL Orders

Aggressive Entry @ Market price (approx. 1575.50) with SL @ 1595.00
Moderate Entry @ 1585.00 with SL @ 1608.00
Conservative Entry @ 1595.00 with SL @ 1615.00
TP @ 1560.00 / 1545.00 / 1530.00 / 1515.00

XAU/USD – 2H Interactive Chart

XAG/USD – 2H Chart (picture)

XAG/USD – SELL Orders

Aggressive Entry @ Market price (approx. 17.70) with SL @ 18.10
Moderate Entry @ 17.90 with SL @ 18.30
Conservative Entry @ 18.20 with SL @ 18.60
TP @ 17.40 / 17.20 / 17.00 / 16.70

XAG/USD – 2H Interactive Chart

Safety Measures:

Moving SL to beak-even when in the green.

Many pips ahead!

Fair warning and risk notice:
Trading CFDs or Foreign Exchange is risky and you should only invest what you can afford to lose, in a calculated manner.
All material presented by LEWA is not to be treated as investment advice and the analysis represents general market research.
Before you decide to take action, please be aware of the risks involved.
Trading is not for everyone and it should be treated with responsibility.
Besides a good strategy for a decent win over loss ratio, risk management is another key factor.

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