i pick buy again,,,let see gold futures daily chart candels and AC indicator , it is clear buy gold after little zigzag will start wave of uptrend to 1840 area if you have sell, close all and pick buy dont close your buy soon like new traders ok? try hold it 7-8 day minimum to 1800 , i will inform you where close buy, daily chart technical say gold can...
The minor pullback in the US dollar index and US treasury yields prevented yellow metal from further upside. Markets eye US President Biden and Chinese Premiere Xi Jinping meeting in G20 summit. Technical: The near–term support is around $1740, a break below targets of $1720/$1700/$1680. The yellow metal faces minor resistance around $1775,
Potential bearish Asia Session, with volume I am looking to take advantage of the high inflation, CPI news, and large ranges currently on Gold - 1:10 RR nearly.
on any chosen or given market such as Forex), I am extremely accurate at predicting the exact dates and times a Major continuous directional movement will begin, and also when that movement will end. It has taken me around 4 years of non-stop, daily study and in-depth research into the markets to achieve this skill.
Here is my analysis during Pre-NY. I will likely wait for either a bullish break out to retest the highs; or, a bearish reversal where price breaks down, and if it retests the support as resistance, and continues bearish, that would be a sell in my eyes. Remember to follow your trading plan today and stick to it!
What a wild ride today. Price broke the low of resistance which would be my sell entry, right as i finished doing my morning analysis. This threw me off because I wanted to enter but I knew I missed the chance and had to wait. But I unfortunately did not wait enough, I sold at support and price retraced, hitting my SL. Keeping the same bias, I waited for a new...
As discussed in my previous post, I had a bullish bias and sure enough price action was aligned with the analysis. Great trade today, so grateful! Stay curious.
Please note that these long and short positions are not at all strategically positioned; instead I simply am showing a general idea of what price could do, so please set your own SL and TP. But the fact is price has been extremely bullish since last week when the weekly candle respected a supply zone. Price is now retracing which shows us the bullish daily...
My initial bias was to buy if price broke above $1669 but upon watching price action in pre-NY, a nice support was formed which allowed me to keep a small SL so instead of a 1:2 or 1:3 trade, I could achieve a 1:4. That means this trade doesnt have to work too often to be profitable, and with the NY volume and Comex open, I expected price to either break up/down...
It is a new month! Here is my first setup idea for today's NY Session based on last week and todays price action. Keep in mind news at 10am est, ISM Manufacturing PMI which could impact USD and Gold. I am leaning towards longs based on recent price action but if price breaks down i will look for support to form below $1659 on LTF and then sell if the low breaks....
The Bulls came in strong during Pre-NY, after a liquidity grab, continuing the London impulse move/retracement, and looking to retest 4H supply/resistance. I entered using the 15m due to the increased volume and massive candle bodies, as well as price breaking 1H resistance at the same time the Comex opens (8:20am EST). set TP to the 4H resistance at $1637 and hit...
I anticipated price to retest and break through the pre-ny high. Or if it couldn't, then price should return bearish on LTF as it is currently in a HTF downtrend - I saw the second scenario occur. Price failed to retest pre-ny high, and instead formed a resistance on the 30M (red circle). Then price closed below the London support, giving me a short bias. Once...
I usually just review my trades privately but today I figured why not share if it helps someone else, or maybe someone has input that can help me too. The video is basically me reviewing a trade i took this week on gold (sept 22), and why i took it. I like to draw the candles out myself to consciously think about where price moves relative to the candles around...
1680 Previous support i see next resistance 1680 RSI edges above 40
so buystop on high is good idea and waity 10-15 day pro traders zoom in fibo 61%= 1760 and fibo 161% =1870 Gold love them too much good luck we have 3angel pattern too now can you see it?
As part of a series of short videos, this is just an update explaining where we are in terms of seeking to scalp the bearish landscape for the day ahead. It also talks about the gold trade that we got triggered into as the US dollar bulls take profits and pack up for the day ahead of Frankfurt later on. we want to see dollar supported, or otherwise, it all goes...
Hello fellow gold traders! ive been busy (not to say lazy) lately and did not publish, im gonna go abit hyperactive and make up for my absence ;) lets start where it should start and take a look at weekly, as you can see price hit the ATH of 2070 which was for a long time out of reach. and as expected, the volume on that candle equals the sum of all the volumes...
XAU / USD ( Gold / U.S Dollar ) Technical Analysis Chart Update Time Frame - H2 According to the Pattern in #LTF - Long Time Frame H-2 it is following #Rising Wedge In Short Time Frame #STF in M-45 it is following #Bearish Channel and completed its retest But according to Level it can Follow Buy Trend from here if it breaks this level then we will enter in #Sell...