do you set your buystop sell stop ?US 10 year yield start + trend and going up , it push gold down , if gold can break high , in up we have daily sma200 and fibo 61%(many buyer target)
alert=after break big trend and high , dont pick sell(even in red arrow) ,looking for buy in low
tp=1886.00
if stop order open ,dont close it soon,give it min 3 day time (after 8$ profit ,move sl to open price) then let it goes
advice= in your trade platform ,hide downside box ,show open orders (pro trade never watch orders profit,loss, they inter,close posation only with chart signal,not by posation profit,loss)
you can on chart ,hide SL color too (in metatrader,right cklick on chart,in color menu,put SL color from red to no color) this help you eat sl witout emotion. help you dont remove sl
Gold_analyse
gold daily chart say :doji and red AC (accelator occilator) show us gold can go down (wave 2) to fill 1750 trend line
in comming days ,if gold can break high go to ichimoku cloud upper band
NOTE=i dont have any posation on gold for fair analyse , but near 1750 i want buy and hold 30 day
advice=,sellstop in low 1795 with sl=high ,,, buylimit on 1750 with sl=15$
gold futures GC1! open order by larg banks(broker) and fund money managers
prnt.sc
daily chart doji show gold will go down on morning ,bad news on germany ,push gold up , after touch big trend 1815 (our 10 day ago target) gold melt down
AC (or stoch 7.4.4) on daily chart going to turn red, this show down trend will comes
now gold can touch 1740 big trend too
advice= buystop on high , sellstop on today low , limit on arrow with sl=10.00$ trailstop=8.00$
break high on gold mean buy on ism bad news US yield crash sharply , this will give + power to gold , if gold can break high,mean new + trend start , gold can fly up to fibo 61% even 1920 so put buystop on high is good idea (sl below low)
if you have sell, put SL on high , break high will open door to powerful + trend
green arrow=powerfull buylimit place
all posible scenario on gold (daily chart)in up we have 2 important place = powerful trend in 1810 and fibo 61% in 1850
in down we have powerful support in 1754 - powerful trend line in 1740 -support around 1700
on friday with NFP news gold switch trend (break Thursday high ,mean trend switch to + on gold, high,low is very important on gold ) now gold start + up trend
50% green way can happend
30% blue way can happend
20% red line can happend(need break low for start)
if you have open sells , you must put SL on friday high
if you have buy must wait minimum until 1810 big trend
for 1million time ask you go to broker site,change your levrage to 1-10 , if your size be above 1000$ 0.01 lot(10$)and remove SL you will loss all your money soon or late , if you cant put SL ,cant stand on fix low lot ,you must stop trade on real ,back to demo , practice (format mind) on hold SL(on low,high) and pro traders lot (per 10.000$ balance you max lot must be 0.1) on real money you cant solve this 2 important base (dont touch sl ,stand on fix , low size)
www.tradingview.com
coming week prediction : buy today dollar index DXY go down (bad employment rate in US) it push gold up , affect of it will continue in coming week ,will give up move energy to gold
so we predict 2 scenario (stoch and AC daily give powerful buy) in next days it must touch important big trend on 1815 ,then can go down or break trend and go to fill gap 1860 (pro buyer target is fill gap)
secret=gold love fibo 61% and 161% and SMA200 (on 1hour and dayli chart) SMA200 simple moving avrage , dont use Ema on gold
if you have sells, 100% put SL on friday high or hedge them by (mini gold , buystop on high) break friday high mean powerful + up trend start
today friday is NFP day NFP= Non-Farm Employment Change show employment in industrial , when it comes good show economy power , will move eurusd,gold to down , move up dollar index,dow,dax
30%=if gold break high ,can fly up to fibo 61% 1850
70%= gold by eurusd will go down,after 1740 touch,big buyer like funds will start buy ( larg banks(they broker like citi,deutche bank) have near 200.000 lot on gold futures GC1! )
ALERT=if big unexpected news comes, gold can break 1740 trend line,can crash to 1700-1680 support ,so 100% put SL near 1720 (after open,hold buy 20-30 day )
prnt.sc souce:forexfactory.com
predict= NFP will comes good, will push eurusd,gold to down,to trend line, from monday gold will start + trend to fibo 61%
good luck
despite today up move , be sure gold is sell to 1740dollar index and eurusd have high relation ship,,,they dont touch trend yet
eurusd must go down ,dxy must go up = gold will go down
dont inter buy , soon or late gold must touch black trend in 1740
USA 10 year bond yeild going up too =gold sell
dont allow 2-3 green candel force you buy , above 3 fact show big banks,fund trader,pro traders looking for sell on gold until 1740, after touch 1740 looking buy
posible scenario for wednesdayas we predict yesterday , alert gold start new down wave to 1740.... red trend line is important ,below it looking for sell , if break mean + trend can start
SMA200 on 1 hour chart is very important too (light green line)
in red trend i put sellimit and in big black trend buylimit (100% put SL and in your broker site from personal cabin,reduce your levrage to 10 max 20)
after you buy open near 1740, dont close it soon with little profit , after 10$ profit,move sl to open price, then give it 20-30 day time to grow ,1920 or 1960
www.cmegroup.com
on COT data, funds money managers orders is very important
all pro trader in wait to buy gold in 1740 trend daily chart pinbar on dollar index push it up , sell pinbar on gold push it down
we are going to put buylimit on 1740 to hold 30 day until 1920 ( 1960)
strongly advice dont open sell after pullback from 1740 , after 1740 gold can wild move up and dont allow you exit from sell ,instead looking for buy (buystop on high)
gold break 3angel pattern ,have sellsignal many big money traders in wait buy gold in 1740 (hold longterm)
in down we have 2 powerfull support comes from daily chart
AC daily is green but near to turn red ,when turn red, wild down trend possible to 1740
AC 1hour is down full red now going to green mean 2-3 green candel up move ,zigzag posible
result= litle up move possible but main trend is sell (until high breaks, break high mean + trend can start)
for comming week ,scenario on daily chart 1-switch trend on gold = gold always after crash , 2-3 day turn range then start go up to 1820
in down we have big trendline in 1740 - powerfull support in 1675 - then on weekly chart fibo 61% in 1450 $
2 in comming week if gold break low 1770 can go to 1740 (powerfull buylimit place with sl=10.00) then start powerfull trend to 1920 then 1960
take look open orders on gold futures by larg banks and fund money managers
prnt.sc
they had heavy close buys ,but dont inter big sells (for this gold cant go up in 4-5 days ago,they close buys in high,couse gold be range,zigzag , this show retail traders buying ) if gold can break high and close on high ,they can start buy , personaly i think they are waiting 1740(big trend) to inter heavy buy for hold longterm to around 2000$
ALERT=gold break today low = open door to downer 1740boys we have powerfull big trend in 1740 , many trader focus on it , if gold break low can melt to 1740(powerfull buylimit place with sl=10.00)
if you have old buy , put hedge sellstop in low 1770 (after sell open,dont close it in low,allow gold go down and back to up , open price ,then close it , give time to go upper)
finaly daily stoch and AC give buy signal
gold next target is fibo 38% then daily sma200 then fibo 61% (green fibo in right side is growing fibo)
personaly near big trend 1820 i will sell with sl=10 trailstop=10 (if you want sell ,100% put sl and dont touch it)
if sl fill , big trend 1820 break,gold will fly up and big money traders start heavy buy and gold will back to high
strongly advice put SL on high,low or 6.00$ and dont remove it
if you have old buy ,dont close them soon ,give time go up (if lot size is high ,reduce it instead close) gold can see 1960 in next 20 day(if news not comes) gold love go up
dont panic ,any rate change yet , FED only speak about it if your experience is under 7 year ,strongly advice dont inter this panic market(gold,silver,eurusd) ,go and rest this week until + up trend appear ,then looking for buy
AFTER I SPEAK WITH MY FRIENDS , CITI BANK TRADERS AND BIG FUND MANAGERS :WE FIND NO REAL THING BEHIND CRASH
mr pawell say :we expect (maybe, forecast ) change rate in 2023 (after 2 year)
i cant understand this crash on eurusd ,DXY then gold , he only say his idea ,no any 100% action , even be real action ,it will happend in 2023 not now !!!!!!!!! this is real emotion crash joke
www.cnbc.com
in other side even DXY going up , yield US10Y bond yield going down ,this mean gold value must go up (when yield ging down, more investor comes to buy gold)
predict= in this week effect of DXY even go up will ease , gold big money traders will start buy , range,zigzag with + trend can start(for switch trend) ,after emotion on EURUSD ease ,gold will back to high again (in next 20 day)
if AC on daily chart turn green , 90% up trend will start (i am very hard waiting AC turn green on daily chart)
let see AC on monthly chart too ,show main trend is + up
i want you success , advice looking for buy and hold it 3-4 week until 1960 ,,,, current price is very very low for gold ,soon or late gold must see 2000$
what is backwardationbig fund ,larg banks(brokers) use it to predict future
backwardation=gold futures price GC1! - gold spot price
when it goes up show larg banks,big fund start buying in futures market
whenit goes down show larg banks,big fund start big sell in future market
now we have high backwardation in 2 days ago , show big banks,big funds start huge buying , mean they belive gold will go up in next days
note =big pro trader like CITIBANK trade on gold futures , not gold CFD (spot) , gold cfd (we trader) tickdata comes from futures market and big brokers execute ,hedge our orders with it
you must buy this 2 powerfull buy and hold 15 day sorrily eurusd emotional go down,effect DXY dollar go up
DXY go up effect gold go down but soon will ease ( US10Y yield go down will push gold up in next days )
advice = buylimit above green arrow and hold buys min 20 day to near high (dont close soon with little profit)
Gold history from 1950 show if gold 50$ go down,100$ will go up ,see march 2020 crash
gold reach fibo 61% fibo 61% and fibo 161%(for find tp) are most important fibo on gold
lets see AC and stoch and ichimoku(not very important) on daily chart
ichimoku give buy
stoch is sell ,but going to buy in next 2-3 candel
AC is red ,mean trend is sell but going to green(mean up trend comming) personaly i am waiting AC daily turn green , then big pro buyer like banks,fund trader will buy
like gold manner before ,gold love double bottom , it can double bottom then in next 7-8 day going to up
(best place for buy with SL under low)
i have 3 buy (gray arrow on chart) imposible i close them sooner than 1920-1960
if you have buy and your lot size is pro traders lot (1000$ max 0.01 lot) 100% be relax , gold will see high in next 2-25 day , just dont close buy soon ,try wait min 1920)
if you open big lot , understand i (anybody)cant predict unexpected breaking news, (for this i ask 1000 time reduce your levrage to 10 max 20 and 1000$ 0.01 lot) your problem is money manage , after close orders,stop trade on real , witdrawal all money,back to demo work on 1000$ balance and 0.01 lot and put SL in low , if dont do 100% you willl 0.00 in next nexs soon or late
eurusd panic crash , wild fly up dollar index DXY fly up couse in gold many buyer on big trend eat SL (no real bad news behind ,only emotion on eurusd)
personaly i belive gold in next 4-5 day will back up (daily chart trend is +)
in up daily sma200 and fibo 61% in focus
i pick 2 buy on green arrow , try to hold them until 1960(soon or late must see it) waiting AC daily turn green
if you have buy and your lot size is pro lot size (1000$ 0.01) you are safe ,just wait
if your buy lot is high ,dont open new buy ,put hedge sellstop on SL (lot=50% of total buy) allow it open,go down and back ,when big trend break ,close hedge sell ,then wait 10 day for new high
if you have sell,100% put sl , dont forget gold main trend is + up
gold next target= SMA200 1hour chart 1880becouse AC daily is red (AC 60min is red too),gold is range ,when AC turn green gold can fly up
strongly advice dont open reverse posation(sell for now) on gold,silver , instead reverse looking for buystop on high (4-5 pip above) ,buy in low
our main target for close buys =1960 support (can take 5-6 day)