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Goldcartel

Potential Nice trade - Bearish PennantShort-term plan: - I reckon it will be ranging for a day or a few days inside the bearish pennant. If the price rejects the bottom pennant line, it's a nice risk-reward ratio to enter a long position targeting the mid resistance and maybe the upper bearish pennant line. Long-term plan: - If the price goes up from the bottom pennant and rejects the mid or the upper pennant line, I will enter a large short position targeting the 1700s and 1500s zones long-term. This week until January 20, 2021, I'm expecting a wild price movement. Keep your guard up and adapt to the market condition to act accordingly. PS: I'm too busy with my clients, I won't share any updates
FOREXCOM:XAUUSD
by GoldCartel
16
Fantastic trade so far reached the target 4 - Follow up analysisPlease click the link in the "red circle" to see the previous analysis. It has been a great trade so far, has reached the "Target 4". Currently, based on the price action, I reckon EUR will retest the trendline. The continuation of the rally will depend on the upcoming data. Will the data give bulls a catalyst to reach my final target? Time will tell. Catalyst: - EU Economic Summit - EU Main Refinancing Rate - EU Monetary Policy Statement - ECB Press Conference - US CPI - US Unemployment Claims - Euro Summit - US PPI - Covid-19 Vaccine news
Long
by GoldCartel
2
Potential BIG trade - FREE weekly forecastClick the link in the red circle to see the previous analysis Currently, I reckon as long as it stays above the 1764 zone, XAU will be climbing to the targets before the year-end. This analysis fails if the price close below the 1760 zone and if the Covid-19 vaccine reaches the 100% success rate. Catalyst: - Fed Chair Powell Testifies - ISM Manufacturing PMI - ADP Non-Farm Employment Change - Unemployment Claims - ISM Services PMI - NFP - Average Hourly Earnings m/m - Unemployment Rate - Covid-19 vaccine breaking news
FOREXCOM:XAUUSDLong
by GoldCartel
2
Finally reached the TARGET 3 - Follow up analysisClick the link in the red circle to see the previous analysis Perfect trade and analysis so far. It has reached targets 1, 2, and 3. Currently, I reckon as long as it stays above the Potential Target 2 line, EUR will keep climbing to the potential targets 3 and 4. Catalyst: - Fed Chair Powell Testifies - US IS Manufacturing PMI - ECB President Lagarde Speaks - ADP Non-Farm Employment Change - Unemployment Claims - US ISM Services PMI - NFP - US Unemployment Rate
Long
by GoldCartel
4
Let's get MORE MONEY!! - Follow up analysisClick the link in the red circle to see the previous analysis. I sent this chart (attached below) to my client a few hours ago; we entered the trade at the upper flag line. I didn't post to Tradingview because it will be unfair to my clients who purchased my service. Currently, if the bear can break below the "Red support," I reckon AUD will keep falling at least to retest the bottom flag line. This analysis fails if the H4 candle breakout and close above the flag.
Short
by GoldCartel
Is Aussie ready for a breakout ?Click the link in the "Yellow circle" to see the previous forecasts As long as if it rejects the upper "white line," I reckon AUD will fall to the target, which could be below depends on the fundamental. Keep in mind; there are a few minor support in between. This analysis fails if the candle breakout and close above the upper "white line." Catalyst: - AUD PMI - US Flash Manufacturing PMI - US CB Consumer Confidence - AUD Construction Work Done - US Prelim GDP - US Unemployment Claims - US Consumer sentiment - FOMC - AUD Private Capital Expenditure - Covid-19 breaking news
Short
by GoldCartel
Potential HUGE trade - Follow up analysisHere's below the beginning of this trade/analysis, PERFECT entry! My short-term analysis to sell the pull-back went through, it fell a few hundred points, but unfortunately, it got rejected at 28900, just a few points above the short-term target. Currently, it breaks the strong resistance already. As long as it stays above the major support, my analysis and the final target remain the same. I reckon it has the potential to reach the target this year. Catalyst: - Covid-19 Vaccine - Trump v Biden breaking news - Price action
OANDA:US30USDLong
by GoldCartel
2