Gc!!
Inside the current descending channel on XAUUSDToday we will speak about the current price action we are observing inside the descending channel. A few weeks ago, we made a post about XAUUSD analyzing the macro situation (Daily Chart - Link in related ideas)
What are we observing right now?
-The price has broken the descending trendline (Yellow line) after making a double bottom pattern.
-Currently, the price is making a corrective pattern above a resistance zone now working as a support.
-We have two targets right now: The first one is the higher trendline of the descending channel. There we will expect a corrective structure with similar proportions to the one we are observing right now.
-If that happens and we have a breakout, we have a final target on the next resistance zone at 1950.00
-Currently, we have a setup using the levels we explained in the previous post (Link in related ideas) and a final target at 19500.00
-The expected duration for this movement is between 1 to 2 months
Thanks for reading!
lower use of gold in world , push gold downwe see in morning gold again attack to 1800 then normaly pullback ,but news on Gold demand and open high us10 year yield break it suddenly ,crash it to support
dont fear ,trend still is + and this time 90% gold will break 1800 wall
advice= put buystop on high , break high mean new powerful + trend ,we still looking for buy in deep ,not sell
www.marketwatch.com
GC One hour up channelThe GC one hour time frame has created an up channel. The market is at a lot price and making higher highs and higher lows. If the market can break and close above the counter trend line bullish. That could be a strong sign the market could push towards the top of the channel towards price point 1810.00
GC one hour push, looking for next entryGC one hour time frame is just under the current one hour Fibonacci extension. The market normally pulls back bearish after a Fibonacci extension is hit. After the market pulls back, the research shows as long as the market stays in the buy zone, looking for a counter trend line break entry at a low price in the buy zone is a good idea. The research shows the market should push bullish towards the Daily Fibonacci Extension price point 1810.00 about +150 Ticks above the current market price of this post.
ALERT for forex gold index traders :today morning gold touch trend and daily Ema200(orange line) and fibo 161%(many buyer target
so many buyer close buys and many clever hold buy to 1920,this pull back gold down
if you have buy dont fear this is a currection
if you dont have buy ,pick buy above green arrow and hold them 10-20 day ,our target is 1850 then 1920 then 2000 then 2400
what will happend = break above high = inportant trend + ema200 daily can explode gold to 1920 like
exactly 2021-1-06 crash
ALERT 1 = 1000 time i ask all dont use levrage above 10 and for pro,safe trade per 1000$ balance lot size must be max 0.01 (10$) understand? instead big lot and little profit ,reduce size and increase point TP and wait time (tp and close must be min 3*SL) ! understand?
pro traders in bank and fund on gold use little sl=6.00$ and tp=200.00$ (wait time min 7-8day)
use above standards =little profit but stable profit in long term will big profit
go above pro standards(over size) = 5 little profit but margincall soon or late
ALERT 2= world best signal provider cant give above 6TP and 4SL , me ,myself signal is 50%-50% if you pick 100 day 100 signal you will see 50sl 50tp but my TP=3*SL so dont fear for buys put sl ounder last low ,SL is 90% of this game ! if you have problem to put SL ,go on demo and pick 10000 buy eat 10000 SL and practice control mind and practice dont touch eat
ALERT 3= do you see ever gold ,silver ,index (execpt forex) like dow dax nazdaq weekly chart? all of them main trend is + so 99% looking buy ,dont pick sell signals see germany weekly chart from 1950 70 year
secret=main trend on silver,gold,dax,sp500,dow,nazdaq is very very + for this 99% looking for buy (with SL in low) if you see market goes down like corona days ,shot down platform and go to sleep !!!
for forex,crypro,currency traders= dont trade forex,be sure forex control against technical traders by 3 big broker(bank like douche bank) gold is easiest instrument,frist win on it (gold secret=super trendy ,never reverse posation on it , try with buystop on high ,inter trend ) or if you love zigzag market,reverse posation try germany index dax (need min 9 month demo) FDAX1!
en.wikipedia.org
GC +250 Tick Bull PushThe GC one hour time frame is in an up trend. The market is making higher highs and higher lows. The market is at a low price near a known level of U-turn. If the market can hold at support and break above a counter trend line bullish. The research shows it can push bullish towards the Fibonacci extension. The key is waiting for the U-turn.
most important indicator for trade gold frist on your platform open new clean chart and add these on it ,dont add other thing
on gold main chart time frame=15-60-1440min you must check always them ok?
1-stochastic 5-3-3 simple
2-AC accelator occilator (very important on 60-1440min chart)
3-sma200 simplee movinng avrage 200
you must use MTF(multi time frame ma) put sma200 15-60-1440min on chart,you can see sma200 daily in 15min chart like me in above chart
www.mql5.com
4-Donchian channel(whenn up line break mean buy,dont use it for open reverse posation)
ichimoku not important, only on daily chart not bad
5-after add them, strat drawing clear important trend line (all other draw)draw frist in weekly chart then in daily chart then on 240min 60min 15 min chart
4-like above draw support line , only important supports all other can see ,dont draw trend and support other cant see them
then save chart template , 3 month work on it to find its secret,reaction then judge not sooner
for trade index like dax main time =30min-240-weekly chart
secret of gold:never never open reverse order on it gold,silver are super trendy ok? ,for this when it goes up ,never open sell ,you must try to inter trend,looking for buy (buystop on high i advice before is this)
prnt.sc
place you must inter buy now = above green arrow you must buy (buylimit) with sl in last low or 6.00$
keep looking daily chart EMA200 and SMA200 and AC(or stoch) daily and 1 hour chart
our target 1 is 1850
GC One hour time frame bullish channelThe GC one hour time frame is in an up channel.
the market hit the top of the channel and pushed
bearish. I am waiting for the market to form a
low either at the bottom of the channel or above
the channel.
Entry: Counter trend line break bullish either at
the bottom of the channel or above the channel.
STOP: In the sell zone.
LIMIT: If entry is at the bottom of the channel,
the limit will be just under the top of the
channel.
If entry is above the channel. The limit will be
1810.1
As long as the market stays above the bottom of
the channel. It will be a good idea to turn to the
five minute time frame and to look for tunnel
trader long / destination trader long opportunities.
Gold is a good sellHere I think gold is a good sell point.
1. It touched the purple rectangle supply zone
2. It has broken out of the rising wedge (I did not take a position on the wedge breakout)
3. The bottom line of wedge is now resistance
Decent profit potential to 1st profit target
Good profit potential to next target which is a minor resistance
Great profit potential if it goes to green demand zone at bottom
Let me know what you think too.
Ms Bunny ❤️
gold signal on gold GOLD,SILVER WILL GROW in this spring so dont fear to put buystop on high sl =below last low tp= fibo 161% (can take 10-14 day)
if you have open sell on gold,silver 100% put sl(or hedge buystop) on today high(break high mean powerful + trend start) ,they can grow 30-50%
boys keep monitor AC (accelator occilator) or stoch 5.3.3 on daily and 1 hour chart
secret=
gold,silver oil are super trendy(dax is zigzag) true?
dont open reverse posation,dont use indicator like RSI bollingerband give you limit, reverse signal (use trendy indicators like Sma200 or Donchian channel breakup) use buystop/sellstop on high/low more (dont use instant buy,sell)