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
GC
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.
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Lug around Silver?
Sh_ts heavy, I know.
Used to own Tons of it, a total nightmare.
Defending shiny rocks?
Good Luck.
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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.
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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
Gold 4 hour : gold next target is fibo 61% 1950 if big news not come , technicaly AC indicator on daily chart turn green now gold have buy now to fibo 61% then fibo 161% near 2100
in bad scenario if gold break low ,can go down to 1840(buylimit place) but again will start + up trend to near 1950
if you have sell you must close sell now near 1896 (or hedge it) and pick buy now
if you have buy , dont fear ,main trend is + up to 1950 ( alert = if news comes and gold break low , you must put SL in low )
good luck , dont open big size , stand on very very low size with SL in low and big TP
ALERT= BREAK RED TREND LINE IS POWERFUL BUY SIGNAL CAN SHOOT GOLD TO 2100 so be careful from sell , 100% put sl and never remove it ( selk on gold is very very dangrous , it love go up )
www.tradingview.com
Gold 4 hour : 1950 is gold frist target if news not come (low not break) technical say fibo 61%=1950 and (if red trend line break) 2nd target is fibo 161% 2070
for now put buystop on high possible (low size) ,,, buylimit near 1900 with SL =1871 or 10.00 point
if you have old sell , close all near 1900 or pick hedge buy (hedge buy size=1.5*total sell)
if you have buy , be patient until fibo 61% , dont close sooner
personaly i am looking for pick buy now ( AC daily is green , trendline break , pinbar comes on daily chart)
ALERT = AS PREDICT BEFOR GOLD CAN FLYUP TO 2070 OR 2100 , DONT PICK REVERSE SELL j ( gold can go up witout pullback , dont allow you close your sell) instead looking for buy in deep
www.tradingview.com
XAUUSD my current setup explained. Hello Everyone! Few days without posting. Let's go back with a post on Gold.
On the precious metal, I have a pending setup that was not activated yet. I'm currently using GC! (gold futures) as the instrument to gain exposure to this asset.
Here is the explanation of my setup. Let's get started.
As the price reached a key level and made a clear corrective pattern, I decided t set pending orders above the resistance zone. The objective is to enter the market on the actual breakout of this structure and avoid possible Fake outs. Of course, we will never know when we are in front of a breakout or a fake-out. However, we can maximize our chances by giving enough space to the price.
The risk to reward ratio of this setup is 3. That means that for every unit of risk I'm taking, I aim to make 3 times that in profit.
The expected duration of this setup is between 2 to 4 months.
What if this situation goes wrong? IF the setup is activated, I have a stop loss where I'm risking 3% of my capital as the worst-case scenario. I'm locking my risk at that value or close to that value (depending on executions and market volatility.) IF the setup is not activated, and I observe a new low below the structure, I will cancel the setup at the moment, and I will wait for further confirmation.
Based on historical data , I have concluded that this is a good situation to gain exposure to gold.
One of the similarities that caught my attention was comparing this with the previously bearish market from 1980 Until 2008 when the price went to the previous ATH. At that point, we observed a similar corrective pattern and, after that, a new bull run.
Thanks for reading; I hope the post was helpful. Feel free to share your view and charts in the comments. Protect your capital!
GC - GOLD appears to be following IndicesWith the DX looking at a potential breakout on Overbought conditions, this appears to be shades
of 2008 May Timeframe.
A period where, against all odds then, Gold collapsed, seeing a similar pattern for GC now.
Silver appears to be leading the way as Gold in almost every Currency is breaking out.
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Daily Gaps below, a MACD that illustrates deep divergences.
A break of 1850 on volume will provide a better indication.
Gold 4hour : Are you ready for buy 1932 ?as say before gold love fibo 61% and 161% toooo much , for this i was in wait for fibo 61% 1932 then we must hold buy 7-8 day gold back to high (buy in deep,close on high)
wait PINBAR comes on 1hour or 4hour or dayli chart
or
in 15min chart last trendline (new trendline you must draw) break to up
good luck , dont forget monitor AC indicator in daily and 1hour on gold
GOLD look like want go to 2000$can you see butterfly pattern on 4hour chart ?
reak high mean new up trend will start , if you have sell , put SL or hedge buystop on high
in 2000$ (red arrow) we can pick very low size sell with sl=10.00
good luck , looking for buy with SL under low,suport , dont lick sell
www.cnbc.com
Gold daily chart say : fibo 61% 2000 is gold upper target 🎯 AC indicator is red so in coming days if high not breaks = gold can go down to above green arrow 1950 (we must buy) then start new up trend to 2000
ALERT : DOW, DAX can go up so gold can crash , if it break big trend line , it can go to 1900 or 1850 trendline (Green Arrow we must buy and hold it to high)
ALERT: technical say gold upper target 🎯 is fibo 161% (2100-2180 area) (weekly chart 📊 fibo 161% show gold can reach 2400$)
advice= still looking for buy in deep , when Pinbar apear on 1hour or 4hour or daily chart 📊 come , or gold break trendline to up , pick ⛏️ buy with SL in last low or day low ,,, never use big size, big levrage and remove SL , it can crash to 1850 by dow dax go up
if you have old sell , you must put SL or hedge buystop on Friday high , set tp for all sell=1952
if you have old buy , set all buy TP = 2000 , gold after touch 2000 can start down trend
good luck
GC One hour long idea +400 TicksThe GC one hour time frame is in an up channel.
The market hit the bottom of the channel and is
pushing bullish towards the top of the channel.
Entry: Counter trend line break bullish above
the bottom of the channel.
STOP: 1928.5
LIMIT: 2001.8
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 4 hour : are you ready sell under red trend line ? 1930 1940 is important level , under it technically gold is sell, AC indicator on daily chart is red now (despite pinbar on daily chart ) , if black trend line and 1940 break , trend will switch to + up (100% put SL=1942 and sell low size ok?, don't close it soon gold down target 🎯 is 1850!!!!!!, wait minimum 3 day )
if you have old buys , close it under red trendline (or hedge it)
good luck , for pick buy wait 1850 in down or 1940 trendline break
+340 Ticks GC one hour time frameThe GC one hour time frame is in an up channel
The market is near the bottom of the channel
showing signs of pushing towards the top of the
channel.
Entry: Counter trend line break bullish
near the bottom of the channel.
STOP: 1907.4
LIMIT: 1969.8
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
ideas towards the one hour up Fibonacci: 2002.7