GC Daily broke into buy zoneThe GC daily time frame is in a long term up trend.
The market formed a low price near the up trend
line and pushed bullish. The market broke and
closed above the short term down trend line. It
will be a good idea to turn to the one hour time
frame and to look for long ideas in the buy zone
towards the daily limit price point 1996.8
about +1,468 Ticks above the market.
P.S. There is still a down Fibonacci with an
extension price point 1781.7 that was not hit. The
market does not need to fall and hit the down
Fibonacci to go up. However, if the market does
fall. That is the bear target the market is
expected to hit.
Gc!!
GC - GOLD GLD - Finds DemandWhoo Hoo, only managed to drop $140 form where I was being told it was a Buy.
Yeah, nw, wrong again.
Peter, Lynette, Dave and crew can continue to wank the Bugs, it's healthy.
10year pulling back with DX will provide some taiwinds for the Yellow Dawg.
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Ultimately Uncle Kook will be coming for it.
Plan for it.
Toe Stibs and Door Stops.. useless in Economc Colapse.
COT Lined up against the noobs, althoguh less so.
Thye'll be back, they always come back.
GOLD daily : red trendline break,we are in up trend to 1915see AC indicator and pinbar exactly , they doing their job exclent , i have 2 buy still open 1- from 6 days ago 1800 and 2- today low , i move SL to open price , i try wait 7-8 day to 1915
technical say :in coming week gold will see 1865 but fibo 61% = 1915 is gold target , if it can break 1915 big trendline , door will open for 2100
if you dont have buy ,wait OK condition comes (ok=pinbar on 60-240-1440min chart or last trendline break on 15-60min break to up) then pick buy (low size , sl in day low)
if you have sell , 100% put SL on today high , break high on gold 90% mean + up trend will start ! for 1000 time i must say DONT OPEN REVERSE SELL ON GOLD
good luck , on buys be patient too much
if you need help my telgram =ramin_trader2006
Gold 4 hour : as i predict , it start + up trend we can pick very very low size sell in 1853 -1855 area with sl=10.00 point trailstop=10.00
see AC indicator in daily chart , it is only indicator give buy in low ( price break laat high,low is important for AC)
gold target = as i say before in yesterday analyse = 1862 then 1920
alert= news can comes so 100% put SL , news not in my hand , for this we must put SL , we must see bad way,scenario , no SL= margincall soon or late
i have buy from low and want wait 5-6 day , if you have open buy from low , move SL to open price , let it go up , i will inform you when close buy
good luck , wish you win
www.tradingview.com
Looking for Long on GCThe GC daily time frame is in an up trend. The
market is at a low price just above the up trend
line. There is a down Fibonacci Gartley with
an extension price point 1781.7 about -300 ticks
below the market. The monthly and daily time
frames are showing the buyers are getting ready
to take control and bring the market up. It will
be a good idea to turn to the one hour time frame
and to look for low prices in the buy zone.
GOLD - GC 2 HourA correction in the DX will provide Flow Info for Gold
should the Peak Inflation narrative capture the mindshare
short term.
Gold is on a knife's edge.
Boom boom directly ahead.
1780 to 1690 remains the lower range, with 1828 the
short term pivot, with 1888 the Key level for a retest of
the higher end of the short-term range.
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The COT has remained aligned against the Specs for some
time, it has been largely ignored by most NextGen Goldbugs
who are malinforned and susceptible to the decade long traps
sprung by the usual suspects.
How many fines has JOM paid for rigging the COT over the
past two decades?
Too many.... A DX turn will excite the Bugs.
"it's time to Buy" .... yeah, naw, another chase trap is all it will
amount to within the Buy Zone.
Change of trend will be the new narrative - wash, rinse and repeat
for the Yellow Dawg.
Gold has Zero real utility for the coming years...
Against the Monetary Base Gold has been Left for Dead, the ST Louis
Fed maintains the Data.
____________________________________________________
Expect actions shortly, with increased VX.
DX DXY USD - Dollar 2 HourAfter reaching parity with the Swiss Franc Facta, the DXY peaked ST over 1.05.
Our TOSS level was 104.55, it has been met Short Term on a Throw Over.
It's nowhere near done moving higher, but for now, will range to digest a large
move into the Safety Trade
It did peak while sentiment was reaching extremes unseen. Again we do not
expect Extreme Fear readings to give up much more than a persistent Fear
Reading.
Only Direct Subsidies to Consumers and FMonetary/Fiscal Pivots will resolve the
embedded Senticators.
____________________________________________________________________
My long-standing FX Accident Thesis is well underway and will continue into
October of 2023.
A new Low at the close of the session sends the DX lower, a potential distribution
is setting up nicely Shorter Term.
We'll need to see if this ends up with a larger distribution. It well may be turning
slightly on this pattern.
Observing the reaction on Gold will be telling, it did hit my PO @ 1798.90 dipping
in ever so slightly. Gold is reaching a DOM demand level.
The COT remains in a SELL for Large Participants.
Is a surprise in store, there appears to be one waiting in the shadows.
GOLD 1hour = it reach low , we are looking for buy to 1940 areawait 15min chart green trendline break or pinbar comes on high timeframe , then pick buy with SL=day low tp= upper red line near fibo 61% wait time = 7 day
reach SL in 100 pos like this condition = 15 reach TP in 100 pos = 85%
if you have old sell , close it now and looking for buy
note = gold in low can zigzag or range then start + up trend ,,,, dont close your buy soon (use low size)
good luck , keep monitor AC indicator on 1hour and daily chart for find its secrets,movment (break high,low is important on AC signal)
www.tradingview.com
ALERT:technical say gold reache low,will fly up to 1940+ secretif you have sell , 100% put SL on yesterday high , break it mean big + trend will start
if you have buy , wait until 1940
dont fear put buystop on 4hour last clear high near 1951
how always we must put SL= 20-30 pip under today low ( last clear low on 4hour chart) , after open and 10.00 point profit , move SL to open price ,let it go , shot down your PC or mobile , 24 hour go sllep !!!
if you cant wait , hide orders profit windows in platform (dont see order and dont check,,, exit base on chart not with profit)
we have 2 type of traders :
A- new traders who loss,margincall why? 1- use levrage above 1-10 (they think for low money must use high levrage) , 2-use high lot size , 3- remove SL from last low/high, 3-fear eat SL 4-close in profit posation soon , can't wait too much
B- secret of stable winner = 1- use levrage 1-1 to max 1-10 even on 500$ balance !!!! 2- use very very very low size (1000$ balance max 0.01 lot or -10$,,, understand?) , 3- eat many SL but tp ,target is very big TP >3*SL (sometimes we wait 3 month on posations)
100% write A and B on paper now , read it every mornings for 8 month(go to your blood,mind) , and practice on B secrets on demo account(real money not for practice, in real money stress dont allow you can think truley) ,ok? if you stand on B rules, secrets , 100% you can reach stable win , yes low profit but stable and big in 1 year
UNTIL IN DEMO ACCOUNT WITH DONT TOUCH SL AND B RULES, YOU CANT TURN 1000$ TO 2000$ ,DONT COME TO REAL MONEY ,YOU WILL LOSS
EVERY NIGHT ,CHECK , THINK YOUR MISTAKES
I WISH YOU WIN , STABLE LONG TERM (YEARLY)WIN
www.tradingview.com
3 possible outcomes I'm expecting on XAUUSDOn gold, we have observed contact with a daily trendline. What's next from here?
Today's post is about understanding the importance of thinking in terms of multiple directions and outcomes. Most of the time we focus only on one direction. "I think this is Bullish" or, "I think this is Bearish" But what if that's not the case? Do you have a plan to follow in case the price does not move in your main direction? It's important to develop this because if we have a strong bias for one side of the chart, we may miss great opportunities that come in the other direction.
The title of today's post is 3 possible outcomes I'm expecting on XAUUSD. Let's go one by one.
Scenario 1: Bearish Resolution
Scenario 2: Bullish Resolution A
Scenario 3: Bullish Resolution B
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All these scenarios are situations that I tested in the past and that which I found an edge on them. But remember this: NEVER trust me, it's your job to look into historical data, and confirm these anomalies. Confidence in trading comes when you see things on your own.
Thanks for reading! Feel free to share your ideas, charts, and doubts in the comments.
gold 4 hour : it break low , above green arrow we must buyin yesterday buy 1860 pinbar not come , trendline cant break we can pick buy , now low break mean gold going downer , so next low 99% is above green arrow specialy 1825 area is super golden place for low ( after buy sign come , pick buy , dont close it 6-7 day minimum to 1940 even 2000)
pick little size sell under 1852 possible with sl= last high 1867
for inter buy always wait PINBAR comes on 1hour-4hour-daily or last ,new up trendline break in 15-60min chart , then buy with SL in day low
if buy condition not come , wait
if you have old buy , dont fear , gold after little more going down , will fly up soon , will back to 2000 soon , need paatient 10-20 day (gold main trend on daily chart is + up, so will continiue up trend )
good luck
gold 4 hour : 1860 area have buy for hold to high SL under low 1850 wait time = 5 day tp= 1940 (if low break next buy is above 1930)
in 100 posation like this condition eat SL=40 , eat TP =60
you can wait pinbar comes on higher time or last upper trendline break to up in 15min chart , then buy
good luck , dont hurry up for close open order , sometimes pro trader wait 2-3 month !!!!
GOLD - The New Age of GoldenFar too many inexperienced traders /investors are touting the same tired
tag lines for Gold 40 years later.
Can Gold run to $3100?
Yes, one problem, Ramen will be $12.
Gasoline $10 - $12.
Tomatoes - $8 Each.
_________________________________________________________________
Lug around Silver?
Sh_ts heavy, I know.
Used to own Tons of it, a total nightmare.
Defending shiny rocks?
Good Luck.
__________________________________________________________________
Gold to Monetary Base $18.112 today... long way to go.
Gold winds up - Bears with more room to run, 1831, 1810, 1783 Gold set a fresh two-month-low this week. Support played in off of a prior swing low at 1854 but, the bounce from that level was cut short as price action started to find resistance at a spot of significant support.
That support spans from the 1900 level up to 1923.70, which was the all-time-high for a decade before Gold burst through that level in the summer of 2020. After that breakout, this zone became support and, then in the summer of 2021, resistance.
When Russia was lining the Ukrainian border with tanks Gold prices started to jump again and there was considerable resistance in the 1900-1923.70 area before buyers were finally able to force a break.
But, as we saw a couple of years ago, buyers didn't have much push beyond the 2k psychological level and this time, a lower high printed, at 2078.80 versus the prior high at 2089.20. And, when prices were scaling down, 1900-1923.70 was there for support and this pretty much held through mid-March until sellers were finally able to break-below on April 25.
But, what's notable about this week - it's the first where sellers were able to push prices off of this zone as resistance after setting a fresh low. There's been a symmetrical wedge building, but I'm approaching this in a bearish manner, expecting sellers to retain control of the matter. Current support is the 1854 swing - but below that is a Fibonacci level at 1831. After that, there's another swing around 1810, and a key spot of support around 1784.
Gold - Dream of the Blue TurtlesAgainst the Monetary Base Expansion, Gold's implied Price in Fiat Credit
should now be trading at slightly over $18,111.
Outperformance?
Clearly not, Gold has been demonetized by 95.56%.
It is simply being held up in check against the FED's unwillingness to
raise rates beyond an implied target which is clearly off the mark.
Gold made an interim high @ 2078 and then declined $228 or 11%.
The 199 EMA will need to hold on the Daily, the consolidation range is
going to extend for some time.
Seasonality is unsupportive until July.
While the DX pulled back, the ratio has room to run lower for now.
Commodities, on the whole, are beginning to show signs of immense stress
in the Monthly charts with over-extended readings.
Headwinds are beginning to mount for the everything bubbles - a bounce
is to be expected.
_______________________________________________________________
The 65 EMA is the Pivot for Gold, it must hold or the potential for a steep
decline will continue to persist to 1675.
COT is not at all supportive for a continuation the Gold Bugs are looking
forward too.
Silver remains unsupportive as it leads in True Bull Markets.
Balance sheet expansion - the next Gold move Higher.
Gold - India / June 5th, 1933 For the US, GC will need to hold the 1888 level on a weekly closing basis.
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This remains a threat to Bugs - www.federalreservehistory.org
On June 5th, 1933 the US declared BANKRUPTCY for the first time in 1990, Nixon proceeded to affirm it a
mere 38 years later.
You know what is said about the history penned by the winners.
XAUUSD Bullish And Bearish PlanLast month I was stopped out on a bullish setup on gold, that was looking to get exposure to a new bullish movement above the previous all-time high zone. However, the setup didn't go as expected and my stop loss was triggered. Remember, always let your stop loss gently take you out of the market, and assume that controlled loss. Now is time to redefine the next possible setup I will be taking on the precious metal.
Current context:
a) The price is between a major Support and resistance zone, with inner support & Resistance level.
b) Regarding trendlines we can see two. A bullish trendline, and a bearish trendline. Both represent the levels where we can start thinking about new setups. In the meantime, while the price is between them, I will avoid trading.
Let's understand the possible two swing setups I'm interested in taking.
Bearish Setup:
Bullish Setup:
As you can see, both scenarios wait for the breakout of the descending trendline, followed by a retest. Positions get open on a new high/low. Stop loss is defined on the high/low of the retest. Target is defined on the next major support/resistance zone. All of them provide a risk to reward ratio above 2.
At the moment none of the two scenarios is defined, and patience is a key element to apply here. AVOID trading, if the price is not following the filters you have defined. That will help you improve the quality of the setups you get exposure to.
Thanks for reading!
Gold - What to expect from the FOMCIn our latest post on gold, we noted that the bearish trend lacked momentum, which would result in a sideways moving price action. We said that gold profit-taking would ensue to cover traders' losses elsewhere. We expect this trend to continue in the short term. We will pay close attention to the FED on Wednesday as it is expected to hike interest rates by 50 basis points. In our opinion, this will put further pressure on the U.S. economy, which will see more selling pressure. That is particularly bearish for gold in the short term. Therefore, we voice caution throughout this week as we expect gold to manifest high volatility. Indeed, we think there are high odds for gold to see a short-lived flush that will take it towards 1800 USD. Although in the medium and long term, we remain bullish.
Illustration 1.01
The picture above illustrates XAUUSD on the daily time frame and volume below it.
Technical analysis - daily time frame
RSI, MACD, and Stochastic are bearish; DM+ and DM- suggest that same condition. Meanwhile, volume is declining, which suggests fewer people are willing to sell at the current price level. We expect volume to drop even more if the price continues lower. Overall, the daily time frame continues to be bearish. However, we think lower prices from the current level are attractive for accumulating more gold.
Technical analysis - weekly time frame
RSI is bearish. MACD is also bearish; however, it still hovers in the bullish area. Stochastic is bearish. DM+ and DM- are bullish, although if a bearish crossover occurs, it will cause us to change our medium-term to bearish. Overall, the weekly time frame is bearish.
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 serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
GOLD 4 hour : USD index go up push gold down but… if you remember i was Alert you if friday low break , gold can go downer true ? i was buy gold near 1900 and eat SL in friday low , now we must wait green arrow 1830( put buylimit there) or red trendline break for inter buy and hold 7-8 day to high
personaly i belive gold will see 1950 soon , despute it can goes downer
if you have buy (why you dont put SL in last low?) dont fear , dont panic , gold main trend daily chart is up , after some down move , it will start + up trend , just dont close your buys sooner than 1940-1950
still we dont advice for pick sell on gold , gold each second can fly up wild
www.cnbc.com
good luck , sometimes dont open trade is best trade !!!!!! you must go back and wait for next powerfull low place