黃金大跌之先兆 Abnormal movement of gold

 

黃金大跌之先兆

Abnormal movement of gold in 2020, 2021 –
how to spot the big drop in advance?

 

By Queenie Wu       7 Jan 2021

 

According to the XAUUSD H4 chart below, we are going to investigate the big drop cases of XAUUSD on 9 Nov 2020, 27 Nov 2020, 21 Dec 2020, 28 Dec 2020, 6 Jan 2021 respectively.

 

9 Nov 2020, XAUUSD H4, xau fell from $1958 to $1862 in 1 candle at 13:00 (19:00 HK time)

 

Case 1: 9 Nov 2020 XAUUSD m1,(out of the channel ceiling in H4)

Start: at 13:46, xau had a big drop of $8 in 2 minutes, $12 in 4 minutes

14:03  a big drop of $10 in 1 minute

14:10  a big drop of $12 in 1 minute

13:46 – 14: 13, xau had a big drop $56 from 1956 to 1900 in half an hour

 

Result: 9 Nov 2020, xau fell to 1849 at 18:47, totally fell more than $100 in 5 hours

 

Case 2: 27 Nov 2020 XAUUSD m1, (in the middle of the channel in H4)

Start: at15:09, xau fell $8 in 3 minutes, fell $12 in 5 minutes

15:32, xau fell $6 in 1 minute

15:09 – 16:14, xau totally fell $29, from 1805 to 1774 in one hour

 

Case 3: 21 Dec 2020 XAUUSD m1, (out of the channel ceiling in H4)

Start 11:47 xau fell $12 in 1 min, fell $37 in 34 minutes, then gradually up

 

Case 4: 28 Dec 2020 XAUUSD m1, (close to the channel ceiling in H4)

Start 8:30 xau fell $7 in 1 min, then up and down

 

 

XAUUSD H4 big drop cases of XAUUSD

 

 

Case 5: 6 Jan 2021 XAUUSD m1, (out of the channel ceiling in H4)

Start 14:43, xau fell $10 in 1 min, then continue to fall.....

 

 

6 Jan 2021, Result: from $1944 to $1901 at 18:14, xau totally fell $43 in 3.5 hours

 

In conclusion, from the above several cases, it is advisable to pay attention to the big drop in 1-minute candle, particular when price is close to the channel ceiling in the H4 chart.  There is a high probability to see a tremendous big drop in the coming several hours!