Gold D buy idea 4/16/23Monthly is still bullish. Weekly just did a break and retest over the past 2 weeks. Overall I am still bullish on gold, so I am looking for price to continue bullish this week. HOWEVER last week did make a bearish engulfing on the daily. Meaning price could sell short term to complete the M pattern that the Daily candles are forming. Time will tell. So we will see what happens at market open. I am still going to enter a small lot for a buy to the 3/1/22 monthly high of 2070.46.
Goldbuys
Gold D Buy Idea 4/6/23Looking for Gold to hit the 50% area of the D FVG that has been created and return back bullish. On the flip side, price could break that 50% zone to create an evening star. BUT since structure has not been broken I am still bullish and looking for the bullish bounce at the 50% area to continue bullish.
Missed Gold Weekly Buy UpSoooooo apparently, I marked this up and didn't make any notation that I had done this. I missed the whole weekly buy up because of it. Make sure to not be so busy marking up that you forget to notate your good trade ideas that you need to come back to in order to catch the move. Aw darn it, I bet I won't forget to notate again that I made a trade idea.
GOLD BUYSwe are looking for gold buys gold today. Gold price was rejected 1984.90/1986.06 zone. This is an apparent area of resistance that we want to see broken. Planning on executing buys at 1986.50 we want to target a $2.00 move to 1988.5. Price is currently struggling but we do have high impact news around 10AM EST. that should have enough momentum to jump back upwards. WE ONLY EXECUTE BUYS AT 1986.50.
XAUUSD Gold buy ideaGold sells didn't materialise due to close of previous close of the candles, once we saw price didn't close below that level the orders were closed and we are no longer interested. I received a few messages asking what we can look for when it comes to buys, this is what I see.
Obviusly on a daily timeframe we are bullish, but we are also at ATHs or approaching them, so best to be cautious.
XAUUSD Long/Buy ideaGood Morning, to keep it short and sweet, we are looking for buys on the break of the previous candle high.
I am taking a buy here in this scenario due to London open, HOWEVER, London Open is always a volatile and sometimes nonsensical time in terms of how the market will react. We need to play this carefully so don't risk too much.
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Exploring the idea of gold buys.Good morning traders in this idea i am going to speaking about gold buys. What we see from gold last week is that it broke a crucial level of resistance and came back to however around the level of resistance as the new level of support and we can see that we are currently in a up trend and creating structural higher higher and higher lows.
So I would like to break above the next level of resistance in order to start looking for the buys at 1812.