GC one hour time frame channelThe GC one hour time frame is in a sideways
range. The market is near the bottom of the
range showing signs of a potential bullish push
towards the top of the range.
Entry: Counter trend line break bullish above
the bottom of the sideways range.
STOP: In the sell zone below the low before
the entry.
LIMIT: 1882.1
As long the market stays above the bottom of
the sideways range. It will be a good idea to
turn to the one five minute time frame and
to look for tunnel trader long, destination
trader long, and or chandelier trader long
ideas towards 1882.1
Gc!!
Gold 1 hour : buy pinbar break now we must put Sell stop in low i pick buy in gray arrow after pinbar comes in 4hour chart , but crash on dowjones in evening push gold down (AC daily is red, for buy we must wait)
now pinbar break , this mean down trend can start , we can put very very low size sellstop in low with sl on today high
if you have open buy , 100% put SL under today low , break low can start down trend
if you have sell , wait more and put SL in 1832
above green (red) arrows after OK verfy come ,we can puck buy again for hold to high
ALERT= 1785 LOW IS VERY IMPORTANT , BREAK IT CAN CRASH GOLD TO 1550
wish you win
Gold weekly chart : gold can see 1550 and 2400 ?weekly chart not important on gold analyse for day traders but it can give long term view , now gold show if gold break green line , can start big trend to 2400 area
but if it break llow , can go downer to fibo 61% near 1550 ( best buy place for long term invest) then will go to 2400
let wait and see what happend , but this chart show us we 100% must put SL(in 4hour low,high) and never remove it , gold have potential to explode
eat 100 SL with low size better than remove SL
Gold 1 hour say: pick buy , OK verify comes on gold finaly OK verfy come , we can pick buy now but very low size with SL in pinbar low (30-40 pip under low)
70% gold will go up to fibo 60% or fibo 161% so dont close buy soon , after 10.00 pointmo e SL to open price,let itgo upper
30% go downer (need bad news) will break low and will go downer so 100% put SL and never remove it , eat SL better than margincall (we must wait to next green arrow in 1792)
note = under red arrow after OK comes we can sell too (OK = pinbar on high timeframe chart or price break last trend line in 15min chart)
if you have old buy , 100% put SL(or hedge sellstop) in low , near 1852 hedge your buy in gold if low break, 90% it will go downer (start down trend)
good luck
Gold - Short term neutral/slightly bearish, long term bullishGold remains resilient against bearish fundamental factors like higher interest rates and economic tightening. Meanwhile, it enjoys support from persistently high inflation. On 15th June 2022, the FED meeting is set to commence. Moreover, the FOMC is expected to raise interest rates in the U.S. by at least 50 basis points. In our opinion, this poses a threat to gold, the stock market, and the cryptocurrency market. However, we do not foresee much downside for XAUUSD from the current price level. With the FOMC approaching, we would not be surprised to see increased volatility in gold and even a possible retest of the support at 1786.785 USD. Despite that, we remain cautious; furthermore, we will monitor the price action closely throughout the week. Our price targets stay at 2100 USD and 2300 USD.
Illustration 1.01
The picture shows a decline in selling pressure reflected in declining volume.
Technical analysis - daily time frame
RSI, MACD, and Stochastic turned bearish just recently. DM+ and DM- produce whipsaws. A relatively low value in the ADX suggests a neutral trend. Overall, the daily time frame is slightly bearish.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is very bearish.
Illustration 1.02
The picture shows simple support/resistance levels.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
GOLD 4hour : fear of increase rate flyup dollar index gold cant create clear PINBAR we cant pick buy yet , now it can go to 1800 area
i am waiting OK verfy (buy pinbar on high timeframe or last upper trendline break in 15min chart) comes for pick buy around green arrow
see AC indicator daily , it going to red,sell
Alert= becouse bad rate news is behind , dont pick buy without OK verfy + SL in day low , break low mean gold can go downer
good luck , dont hurry up for pick posation,,,, some times no trade is best trade
Gold 4 hour :it is in start of big +up trend to 2015 then 2100 ?technical say gold can see fibo 61% 2015 soon , if it can break 2020 will fly up to 2100 trendline
for coming week above friday low (if not break by news) we must looking for buy in new deep , after OK (pinbar in higher time or last upper trendline break in 15min chart) we must pick buy for hold to 2015
if you have old sell , dont open new sell , close all in near 1864 (after OK comes pick low size buy)
IN MOBILE FOR BETTER VIEW DETAIL ALWAYS USE CHROME (DESKTOP VIEW)
good luck
GC - Gold MonthlyAnother rapid decline is ahead for the Shiny Rock with no utility during the Hunger Games.
In real terms, the Yellow Dog has failed again.
Believe...
$259 Trillion in Debt combined - I'm sure it will be fine.
ps. Taco Bell does not accept Gold, although rogue employees might, they'll be fired.
Gold 1hour : news switch trend to buy , dont pick reverse sellgold frist break 3angel , on evening news it fly up ( i 100 time say you gold love buy)
my sell eat SL now my buystop is open , i will hold it to 1900-1920
if you cant pick buy , wait for pullback then buy (100% put SL in last low , breaking news not in my hand)
note = technical say on daily chart , gold can start big up trend to 2100 ok? but under red arrow we can sell but after OK verfy come = pinbar on high time chart or trendline break in 15min chart (for sell in gold always use very low size, sell is dangrous on gold )
goodluck
High Chance For Long We can see that the price has broken the trend line, but now it seems that it was a fake movement with the appearance of a continuation pattern and it is a symmetrical triangle after a rise in the price, which means that the price will continue rising to return above this ascending trend line.
Gold daily chart say = all eye on 1900-1920 area if big bad news not come gold will continiue + up trend , on gold daily chart (zoom out) we can see 3angel , in coming days it must see fibo 50% then fibo 61%(selli limit place)
note : AC indicator is sell now (for sell it need low break,, if gold break high , sell will turn to buy, new big +up trend can start )
if you have old open sell , put SL on high , break hiigh /low on gold mean trend will start , technicaly gold can go to fibo 161% =2100 (gold sell side is very dangroys,iit love buy)
GC one hour bullish up trendThe GC one hour time frame is in an up trend. The
market is in the buy zone making higher highs and
higher lows.
Entry: Counter trend line break bullish in the
buy zone.
STOP:1825.8
LIMIT: 1908.5
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long ideas towards the
Fibonacci limit.
Gold 4hour : for inter buy wait OK VERFY come as predict yesteday gold pullback down , now it is in buy area , but we must wait for OK =pinbar appear in 1hour or 4hour or daily chart OR in 15min chart price break last upper trend line , then we can buy with SL= day low tp1= 1885 tp2=1915 min wait time = 3 day
note = if gold go downer from red trendline , no problem , wait OK comes then pick buy but very very low size
DONT PICK MY POSATION WITHOUT OK APPEAR
good luck
www.tradingview.com
Gold 1 hour : please read my comment under analyse exactly [/b]i see many stupid dont read my comments , trade only by above photo !!!
for yesterday analyse :
yesterday i say when gold touch green arrow , dont buy , wait OK verfy come then buy true? (ok = pinbar come on high time frame or last up trendline break in 15min chart)
today in evening PINBAR comes on 1hour and after 1 hour , price break 15min chart last trend line (my buystop was above 15min trend , it open in 1837 ) see photo exactly
for coming hours:
now gold touch fibo 61% (green) , it can little pullback down ,, gold technical say next target is fibo 161% = 1885
if you cant inter buy before (you dont have buy), you must buystop on high + pick buy (after OK come) above 1841 SL= today low
bad opposite scenario : if low break , it can go downer but i belive daily chart trend is +up
1000 time i must say = dont open big size , only use FIX very very low size even in demo account ( in demo if you use high levrage , high size , overlot will go to your blood , in real account you will do overlot again = margin call , loss ,eat SL better than margincall
3 low of stable win in trade = 1- low levrage under 1-10 ,,,very low size 2- SL under low and never remove it ( for sell under high) 3- exit loss posation soon with SL , wait big on + profit posations frist days you can eat 90% SL but with practice you can increase your win %
wish you win
Gold 4 hour : 2 place for buy after OK comes after price touch above green arrow , dont buy , wait OK verfy comes then buy , with SL in day low understand? then wait until 1900 area
OK = pinbar on 1hour or 4hoyr or daily chart come or in 15 min chart ,price break last uper trend line
SECRET OF STABLE WIN = DONT USE HIGH SIZE ,HIGH LEVRAGE =high levrage = high size = 100% loss soon or late
reduce your levrage to 1-10 even in demo account
gold best money manage = per 1000$ balance, max 0.01 lot, for 10k balance max = 0.1
i want you win , stable win so do my orders exactly
Gold 1hour : dont fear put buystop on high 1862.50gold reach green fibo 61% , it can little pullback , if gold break high can go upper to 1900 area
if gold go down , above green arrow we can buy but after OK verify
use only very very low size , never pick over size (instead big size , wait more pick big point,pip
gold daily : buy pinbar comes , upper target is 1900 then 1920above pinbar low , gold is buy (looking for buy)
if price can break pinbar low (need big news) gold can go downer
advice = until 1900 dont pick reverse sell , still looking for buy , inter buy when OK verfy comes (ok=pinbar on higher timeframe or last upper trendline break in 15min chart)
if you have buy with me from low , wait until 1900 , dont close buys soon on gold (mini crash is normal on gold +up trend, dont allow red candel force you close buy!!! only if trendline break ,exit buy)
alert= AC indicator daily going to red , so 100% put SL on 4hour chart last low/high
wish you win
Gold 1 hour = if you dont have buy , put buystop on 1857on U.S FED news about increase rate , , wave 1: end , gold go down and pull back to up ( stil trend is + up with 1920 target ) now it can start wave 2
so put buystop possible with low size and SL= last low 1841
bad scenario : technicaly gold is buy now but if bad news come , low break gold can go downer , above downer green arrow we can pick 2nd buy ( after OK come)
if you have old sell , 100% put SL in 1857 , break last high (or low) on gold , 90% will start up trend (or down trend) why? becouse gold manner is very trendy , whhen it break last high , will go up , even upper , see in chart March 2020 exactly (for this manner i 100 time ask you dont pick reverse sell on gold )
good night friends
i will update my chart per 5 hour www.tradingview.com
secret = for pinbar check gold futures GC1! 1hour , 4hour, daily chart too
Gold 1 hour : for buy wait OK comes guys i am looking for buy , but we need OK comes , ok = pinbar in 60-240-daily chart com e or price break 15min chart last trendline (green line in photo)
then we must buy and put SL in day low (low size ,,, never pick big size = 100% margincall
pro trader money managment for gold = per 1000$ max 0.01 lot , if your balance is 15000$ you size max = 0.15 lot
in etoro broker 0.01 lot mean 10$ )
not = always above green arrow we must looking for buy , after open dont close it soon , after 10.00 point move SL to open price , let is 3-4 day go up (dont close + pos soon)
ALERT = me or world no1 analysor ,traders never can calculate bad news , news not in my hand ,true??? , for this we must , must , must put SL in low (or high for sell)
if you cant eat SL easily , stop real account , back to demo and eat 1000 SL , eat SL is base of this game
good luck my friends
gold 1 hour say = still looking buy in deep + buystop on high high = 1869
guys , after touch , wait OK comes then inter , dont pick posation without OK
OK = pinbar comes on 1hour or 4hour or daily or in 15min chart , price break last up side trendline to up like 1hour ago , price break trendline (3angel)
under 1876 support and under red arrow pick very very very low size sell posible but after OK comes and SL=10.00 trailstop=10.00
wish you win ,100% put SL under day low or 4hour chart last low
save on mind : in 1900 gold can pullback down 30-40.00 point
Trading Plan - Bearish Scenario - XAUUSD.In today's post, I will speak about my plan in case of a bearish resolution in gold.
The first thing is the formation I want to see before trading. I have defined 2 conditions.
a) I want to observe a clear ABC pattern.
b) The price must get close to the resistance level.
IF those conditions happen , I would be interested in developing setups below B (that's my confirmation level). That means that I set pending orders below that level, so my entry gets triggered if the price reaches it. (Entry Level)
My stop level will be set above C and take profit on the support zone.
It's important to say that I'm not expecting a bearish movement or a bullish movement. My approach is about getting ready for possible outcomes and letting the market decide what the correct direction is. The market is ALWAYS right.
At the moment, I'm focusing on the bearish side because if I want to develop bullish setups, I must wait for the price to break the current descending channel. So, as the bearish scenario is more imminent, I'm posting my plan here. I will update this idea if the price makes the desired formation or invalidates this view.
Thanks for reading!