I do believe gold is going to continue to buy. As much as I know traders are interested in selling at the high, I don't think it is that probable to take that trade and the more you think of every trade in terms of probability, it saves you from taking some really shit trades, honestly. Would you take a bet that you are either A. unsure you can win or B. know...
Doesn't matter what you think at the end of the day, gold is still very much a bullish market and it will likely stay like that for sometime. Yes It will probably come down a bit, but based on how the momentum is increasing I actually see, gold speeding up in terms of buys, but who knows right? Have a good weekend guys, see you on monday
Using CPI I was able to capitalize on USD's move from gold, I was able to take another 3 trades which added up to another 100 usd or so. Nothing else to really talk about here, I will let the video do the rest of talking. Have a good one today folks :)
Currently looking for buys on the smaller timeframes, a quick scalp for 10-30 pips is achievable with proper risk management. Looks to be a significant chance for price to push up.
Yesterdays buy that we were testing the method of ended up being a success. This is good, but it's only one case out of many more to come. The overall theory of the trade was price breaking out of a range where there was strong support, tapping into a level that we had tapped before with anticipation that price would move back to the top of the range where our...
We are back into the range we were stuck in last thursday, based on this I would be cautious on taking any trades untill we get a rejection at the support or a close below the support so that price can continue down. until we see price make a decisive move, I'd be wary of taking trades in this range as it can get messy.
Behold fellow traders! As the celestial beings have spoken through the wise wizard, the time has come to embark on a golden journey! With Gold currently trading at a divine TSE:1980 , the moment is ripe for seizing this celestial opportunity. The sacred prophecy foretells that those who dare to buy the dip shall be rewarded with bountiful gains, as the...
Hello trader GOLD Broke an important resistance level in the 15 min time frame, there is also an EMA average moving average crossover. Tell me what you think Regards, The Mehdi
Gold 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...
As shown on the chart. price action has formed a cup with the expectation of a handle formation which would be a downward retracement of 50% of the cup's height ( or about a 0.5 fib level retracement ) then expecting a reversal to a target of 2X the cup's height from its base and the same as a cup height above the cup's upper edge. From an anticipated...
MOving as expected running in very good profit right now for those who missed there entry csan wait for retest on successful retest can buy gold
Gold has finally given a breakout above 100 and 200 dma with full volume and as the fundamentals of the global economy are playing out. We can hold the position for the above mentioned targets.
As I expected, Gold exploded to the upside 1869 is very important level if gold break this resistance then it will gain further to 1900 zone if Gold unable to break 1869 then possible go in bearish for a long time . please like it if you agree with it
Gold seems to form a "smiley face pattern" (inverted head & shoulders pattern) on the chart. This is a classic bullish reversal pattern. Though sentiments do not support bullishness due to fundamental news but we think gold price is mostly priced in for any monetary changes ahead. There are two levels of support that gold needs to hold: 1740-1760 and 1680-1700....
Good 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. IT IS A FRIDAY! TAKE IT EASY...
XAUUSD - Eye 1842.00 ahead of Long term swing toward 2104.0
Previous gold idea was smashed for massive pips! same story we have a RBD (rally base drop) in line with same demand zone on higher timeframe lets see if we can do this again reasonable stop in place TP on the base where massive orders were being collected 👍
Calling longs ahead of NFP tomorrow. Pretty controversial for the retail industry, but my mind works different... And I have a diff edge in this market. Don't trust me? Im I a crazy as* mf ? Maybe ... But if you want to win im urging you to go long... IF you want to get wacked keep selling your trend based on your shitty mainstream information. Anyways good Luck....