Gold 4 hour = under 1816 we can sell but after OK comes OK verfy need for 90% of my analyse = when gold reach 1815 (1840 too) ,we must wait clear PINBAR comes or in 15min chart , price break last trendline , then we can sell (dont pick sell witout ok verfy) SL= pinbar or day high
if you have open buy , you can hold it until 1840 , dont hurry up
if you have open sell (against my analyse) near 1797 you must close all sell or hedge them
i wish you win , dont forget stand on very very low size (dont increase your size= margincall)
Alert = dont use non standard time frames like 2hour chart ,,, only use standard time frames!!! it can give you wrong view,signal , 99% of pro trader are in 1hour or 4hour or daily chart
standard chart time = 1min -5min -15min - 1hour - 4hour - daily - weekly - monthly
most important time for trade gold and index = 1hour,4hour,daily chart
GC
Gold 4hour : dont fear put buystop on high if you cant buy in low yesterday , you still can buystop on high
if gold break high , will flyup
my buy tp= 1840
if you have open sell , 100% put SL on yesterday high (or hedge buystop),
ALERT= GOLD DAILY CHART FIBO 61% SHOW GOLD TARGET IS 1920
good luck , use very low size and fix size
Gold 1hour : looking for buy with SL and sellstop in low on friday gold touch 1800 as i predict 3 days ago , for now when PINBAR apear on (60-240-daily chart) dont fear pick low size buy
with SL and sellstop in low 1764
1820 then 1840 is gold upper target (if big news not cone , news not in my hand)
good luck , i predict bullish week
www.tradingview.com
Gold 1hour : exclent NFP news , will push gold to 1740 low size sellstop in low possible with SL = 1780 trailstop = 10.00 point
personaly above green arrow 1740 after OK verfy (pinbar on higher time or in 15min chart price break last upper trendline)
comes , i will pick buy for hold 3-4 day to above 1800
good luck , 100% put SL in last high low (4hour chart) ,,, in gold break last high =90% up trend will start !!!! break last low=90% downtrend will start
note =AC indicator daily is red (if high not break , signal is sell)
www.tradingview.com
Gold 1 hour :only near red,green arrow you must pick posation I see some friend without read my comment , pick posation only by photo !!! (for pick posation you need price touch near arrow + OK verfy)
my rules=
1- only pick posation near arrows after OK VERFY comes , ok verfy = clear pinbar on higher time frame comes or last trendline break by price in 15min chart
2-use max levrage 1:10 and use very very low size (big size = margin call)
3- you must eat 50 SL 50TP but your TP must big , above 3*SL
4- exit bad,loss posation soon , hold profit posation too much
if you cant put SL in last high/low(4hour chart) ,,, if you open big size ,,, go to demo and practice more , you 100% will loss if you break pro trade rules (soon or late) low size + eat SL is 90% of this game
according traderstat AI analyse , i am no1 trader in tradingview , i pick 17500.00 point in last 1 year (75%SL , 25% BIG TP)
prnt.sc
Gold daily = can pinbar push gold to 1940 (gap on gold futures)I am waiting gold touch above green arrow for buy , if buy open dont close it soon my target is 1800 (after 10.00 point , move SL to open price, let it go 7-8 day)
note = for inter buy , after price reach near green arrow 1- clear buy pinbar comes on 60-240-daily chart or 2- in 15min chart , price break last upper trendline
if you have only sells (not for hedge condition), you must exit near 1940 , then gold can go to above 1800
if you have hedge , close 50% of your lower price (downer) sells near 1841 and wait for 1800
wish you win , 100% use very very low size and SL in last low (4 hour chart)
last
www.tradingview.com
Gold 4 hour = price touch fibo 50% but can go to fibo 61% after PIN BAR comes on higher timeframe , under red arrow , above green arrow we can pick posation but with low size and SL (NO SL = MARGINCALL SOON OR LATE)
put buystop on high possible but very low size + SL
note = AC indicator on daily chart is full green , if price break morning low , can go downer (if price break high , sell signall will cancell)
wish you win
Gold - Choppy moves continueOver the recent months, we reiterated that gold was likely to be dragged down by the declining stock market (mainly due to profit-taking/covering losses elsewhere). We also expressed our expectations about gold declining to the 1700 USD region; this move came recently, and XAUUSD made a new low at 1 690.935 USD.
Despite that, we stuck to our long-term bullish stance, which we continue to hold. Indeed, we think the weakness in gold can be exploited by accumulating gold for the long-term position. In our opinion, the inflation rate in the U.S. is currently peaking (and due to move lower in 2023). In addition to that, we think the FED will eventually reverse its monetary course and loosen economic conditions.
Although, we are very cautious as the FED meeting is approaching; furthermore, if the central bank follows through with another rate hike, then it is likely to be negative for gold in the short term. Additionally, if the stock market reverses its rally, it will likely harm XAUUSD.
Illustration 1.01
The price of gold deviated too far from its short-term and medium-term moving averages. Therefore, we are on the lookout for the price retracement toward its 20-day SMA.
Technical analysis - daily time frame
The RSI is bullish. The Stochastic points to the upside, which is bullish; however, it stays in the lower zone. The MACD strives to reverse. DM+ and DM- are bearish. Overall, the daily time frame starts to show bullish signs. It also hints at the possible peak of short-term bearish conditions.
Illustration 1.02
The chart shows simple support and resistance lines derived from peaks and troughs.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. The weekly time frame remains 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 be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Consumer Sentiment / Without Question - C R A S H Dead AheadThe Greatest Bubble in History is unwinding with fits and starts.
Economic Conditions Globally - within the lower 3% Historically.
Multiples for Equities - within the Highest 4% Historically in very
Real Terms.
Monetary & Fiscal Excess - The Greatest in History, bar none.
100% Assured:
Reality is brought to bare with the Consumer who is being squeezed
like a sponge, wrung out and left to dry up, wither and dustify.
During the 1929 Crash, it was the Industrial Centers of our Productive
Economy who observed the Level of Commerce, Euphoria and
Distended Prices... they Sold everything that was not nailed down.
It was not Wall Street - why would they end the Great Game of
Wealth Transfer. They would not.
The Public merely piled in and joined the Selling.
When Confidence fails, it is over for a generation.
That was then, from the early 1980s our Economy began to shift
to a Tertiary, Consumer-based arrangement.
Irrational behavior merely follows suit upon the False signals provided
via both Monetary and Fiscal Policies, provided the Drugs to imbue
speculations.
It has been the exact same throughout recorded History. Human
behavior and incentives never actually change.
The shift to a Consumer-based Economy was temporary. Great Wealth
was accumulated and squandered under the privilege of Dollar Senioarge.
Eventually, the dislocations become evident, often decades later.
Observe the Financial Environment, the final stage of Crazy is unwinding.
There is much further to devolve, there is no outcome that will be
tenable to the vast majority of Humankind.
All that is required is a loss of confidence in the "Systems" - we see
this is taking shape in the very Pillars which support the failing Systems.
We no longer have an Industrial Sector of Scope and Scale, but rather a
series of Financial Arrangements that are no longer sustainable by any
metric.
The Can Kick... it's ending - Sooner than later.
Wall Street follies at this juncture can and will be even more extreme,
count on it as there is nothing left but wild dislocations, absurdities and
further Lies, Corruption, and Greed to unravel.
__________________________________________________________
TV is missing a large amount of DATA, get it together TV.
Recently there have been a number of Prints @ 50. It is far lower
than the half-baked UMich Numbers.
__________________________________________________________
What has caused every Crash of larger proportions?
Sentiment, the Investing Public pulls the trigger and Exits.
Insider Sentiment Peaked in March and remains unreported past
April 2022.
__________________________________________________________
We will see a Crash unparalleled in our lifetimes.
It is approaching with absolute certainty.
Gold - Weekly GC / Peter Schiff meets Colonel KlinkGoldBugs never change, ever.
Each and every Generation of Yellow Dawg Fleas has the answer.
As Schiff finally approaches Karma for frauds over the years...
"a lack of internal controls, a lack of compliance, and a level of insolvency."
Yeesh...
This Pet Rock better hold 1650 or it's going to be smoked again.
Gold regaining its shine?Gold - Intraday - We look to Buy at 1702.91 (stop at 1683.63)
The bullish engulfing candle on the daily chart is positive for sentiment. The reaction higher is positive and highlights a clear reversal. We look for gains to be extended today. Further upside is expected although we prefer to buy into dips close to the 1700.00 level.
Our profit targets will be 1749.31 and 1760.00
Resistance: 1750.00 / 1800.00 / 1880.00
Support: 1700.00 / 1640.00 / 1560.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Trade Idea: Short setup in XAUUSD in case of a bearish scenario.In every new post, I always like to explain that my views are not a statement of "This will happen." Instead, my posts should be interpreted as "We never know what direction the price will take" However if the price movement becomes bearish, this is how I will trade the market.
Another important element to highlight is that my setups have a 50% win rate. That means that over 30 setups, I have 15 stop losses. So how do I make money if half of the time I'm wrong? The answer is: "Thanks to Risk to reward ratios." So, my win rate is 50%; however, when I win, I make 2 times what I'm risking on average. And that's the key.
You must be prepared to see deviations from the average. For example, on a strategy with a 50% win rate, you will sometimes observe 6 or 7 consecutive stop losses. That's called Standard deviation (but we will speak about that in another post).
This long introduction is made to develop a realistic view of a setup or a strategy and, in this case, my strategy.
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Bearish Technical Perspective:
a) The price had been moving in a range since the top in August 2020.
b) 1 year later, in August 2021, we observed the beginning of a new bullish trend defined by the white ascending trendline
c) Almost 300 days later, the price broke that trendline, and we observed a corrective formation. (A pullback)
d) I never trade a structure without having a clear pattern. In this case, I see the ABC pattern.
e) Another important element is that I never take a setup that I can not prove that the same concept worked in the past with the same or similar context. (Like this scenario in 2013)(It's important that you look for more than one scenario)
QUESTION : Is this a guarantee that the setup will be successful?
ANSWER: NO, it's not guaranteed. Let's take a second to speak about a good principle in trading. You can find evidence that something should evolve in a certain way; you can see a perfect scenario, literally a 10/10, and still have a stop loss. You are working with statistics. But don't get disappointed; if you only focus on 10/10 setups, you will see over a good sample that there's a clear edge.
Final details about the setup: I'm risking 3% of my capital on the stop loss and aiming to make 6% in case of a take profit. The setup duration is expected to be 30 to 45 days if everything goes as planned.
If I have a stop loss, that's it. So let your stop-loss gently take you out of the market.
If the order is not executed and we observe bullish movements, I will change my perspective to trade long.
Thanks for reading!
Gold GLD XAU GC- Eyes on 1678Gold GLD , my eyes are on 1678 test.
Weekly 200ema currently at 1686
We all see you DXY. Take a break would you...please
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Gold - XAUUSD is still neutral but well after the FEDDespite the highest rate hike by the FED since 1994, gold is holding up pretty well so far. It exhibits neutrality at the moment. However, despite that, we remain bullish on it with price targets at 2100 UDS and 2300 USD.
Illustration 1.01
The picture shows how BTC started to lose its market dominance.
The Celsius Network, run by Alex Mashinsky, paused withdrawals, swaps, and transfers on its platform a few days ago. Unfortunately, that is a substantial blow to over 1.7 million platform users, leaving their 151 534 BTC locked away. The company's statement says:
“Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations.”
We view this as a very positive development for gold as this recent event shook the confidence of cryptocurrency investors and hinted at the risks associated with investing in cryptocurrency institutions, projects, etc. We expect more capital inflows into gold from the cryptocurrency sector as it will continue to plunge lower.
Technical analysis - daily time frame
RSI is neutral. MACD and Stochastic are bearish. DM+ and DM- produce whipsaws, hinting at the neutral trend. Overall, the daily time frame is neutral.
Illustration 1.02
The total cryptocurrency market cap plunged below 1trn. USD.
Technical analysis - weekly time frame
MACD and Stochastic are bearish. RSI is neutral. DM+ and DM- are bearish. However, ADX suggests the presence of a neutral trend. Overall, the daily time frame is neutral.
Illustration 1.03
The picture shows a bearish breakout below the sloping support/resistance. Ideally, we would like the price to retrace above the sloping support/resistance.
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.