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Goldcartel

Potential nice trade - Follow up analysisClick the link in the "Red circle" to see the previous analysis. So far, it was a great analysis, but unfortunately, my clients and I didn't catch the big drop. It was so sudden, and I thought it would test at least 1970-1974 before the drops, but Pfizer news came out before that. Here's the last chart that I sent to my clients before the big drop: Chart before Chart after Currently, XAU/USD seems like forming a huge falling wedge pattern. Most likely, it will fall to retest the bottom wedge this week. Keep your guard up because of the election drama. We never know when the next breaking news will happen. Catalyst: - US CPI - US Unemployment - US PPI - Prelim UoM Consumer Sentiment
FOREXCOM:XAUUSDShort
by GoldCartel
4
Perfect trade - Follow up analysisIt was a perfect trade, a great entry based on the price action. link attached below So far, it seems the market doesn't care about the outcome of the US election. I reckon the real test is tomorrow. We will see how the US market reacts. The "Potential target 2" is the crucial price to determine if US30 will continue the rally or not. If it can breaks that zone, I believe it will keep climbing to the "Final Target" zone. Keep your guard up because we never know what Donald Trump will do.
OANDA:US30USDLong
by GoldCartel
6
MORE MONEY ! Follow up analysisClick the link in the "Yellow circle" to see all the previous analyses. It was a PERFECT swing analysis so far. Let's get more MONEY!! Currently, I reckon as long as it stays above the "potential BUY ZONE," AUD will keep climbing to the next targets. There's a possibility to fall to retest the broken trendline at 0.711, but currently, the fundamental says very unlikely. Keep your guard up, because we never know! If Biden wins the election, most likely, AUD will keep climbing to 0.741, but if President Trump ends up wins the election, I will short AUD ALL IN. Catalyst: - NFP - US Election
Long
by GoldCartel
Reached the First Target HUGE PROFIT - Let's get MORE MONEY !Reached the First Target HUGE PROFIT - Let's get some more! It was a Perfect trade and analysis. It has reached the first target. Currently, I reckon as long as it stays above the minor trendline, XAU will continue the rally to the next targets. If Biden wins the election, most likely, XAU will keep climbing to the 2075 zone to make a double top. If President Trump ends up wins the election, I will short ALL IN. Catalyst: - ISM Manufacturing PMI - US Presidential Election - ISM Services PMI - FOMC - Average Hourly Earnings - Non-Farm Employment Change - Unemployment Rate
FOREXCOM:XAUUSDLong
by GoldCartel
7
US Presidential election - Potential HUGE trade So far, Joe Biden is leading the election. If he wins, I reckon XAU will keep climbing to the potential targets. The first potential target is very crucial. If it can break above that zone, I reckon XAU will keep climbing to make a double top in the 1975 zone. Keep your guard up because we never know for sure the final election results. I will SELL ALL IN If President Trump ends up wins the election. Catalyst: - ISM Manufacturing PMI - US Presidential Election - ISM Services PMI - FOMC - Average Hourly Earnings - Non-Farm Employment Change - Unemployment Rate
FOREXCOM:XAUUSDLong
by GoldCartel
6
GoldCartel - Is Loonie ready for a breakout? or falling deeper?Here's the link to see the beginning of this analysis: Follow up analysis: So far, so good. Currently, my analysis and targets remain the same, I reckon if it can stay below the major daily trendline, USD will keep falling deeper to 1.295, and my final long-term target would be at 1.272 zones. There's also a potential bear flag on H4 Time-frame, a great sign of a bearish continuation. Catalyst: - US Sales data - US EIA - FOMC - US ADP - US Jobless claims - CAD Core Retail Sales - US CB leading index
Short
by GoldCartel
5
GoldCartel - Fiber weekly forecastSo far, it still inside the flag and a potential bullish continuation pattern. Currently, the ranges are inside the white support/resistance, an excellent range for day-trading. Back to the basic, day-trading buy at white support, and sell white resistance while waiting for the incoming catalyst. I reckon it will stays inside the flag until September 14, 2020 or until it reaches the daily major trendline. A breakout below the flag and the daily major trendline means a reversal, and a breakout above the flag means a trend continuation. Time will tell, but currently I remain bullish until the catalyst says the opposite. Catalyst: - ECB Main Refinancing Rate - ECB Monetary Policy Statement - ECB Press Conference - US PPI - US Unemployment claims - US Crude oil data - ECB President Lagarde Speaks - Eurogroup Meetings - US CPI
Long
by GoldCartel
2
GoldCartel - Loonie follow up analysisI reckon it will require consolidation inside the supply and demand zone while waiting for the next catalyst—a pretty good range for day trading. Currently my analysis and final targets remain the same as long as it stays below the down-trend channel. Here's the previous analysis: Catalyst: - CAD Manufacturing PMI - US ADP - US EIA - CAD Trade balance - US Unemployment claims - US ISM Manufacturing PMI - CAD Job data - US Average Hourly Earnings - NFP - US Jobless rate
Short
by GoldCartel
7
GoldCartel - USD/CAD Follow up analysis - BIG TradeI reckon, if it can stay below the resistance/trendline, USD will fall deeper into the next potential target. Catalyst: - Trump's tariffs on Canada will backfire by hurting the U.S. economy more. - Canada added 419,000 jobs in July as economy reopened - CAD Jobless rate of 12.3% - Potential Descending triangle on the daily time-frame, it was a breakout and retest PS: I'm too busy with my clients, and I'm not going to post any updates.
Short
by GoldCartel
3