Metal
XAGUSD October 2nd 2022 Trade Idea Completed - Exit TradesEntered long positions on October 2nd 2022. Exited all trades except for one. For open trade, using a trailing stop loss. What's next? Wait for another parallel channel to form. Repeat the cycle.
WTI 26th of September WTI perfectly started a downtrend after the breakout of the pattern and the retest on the supply zone.
XAUUSD Bearish Perspectivepossible end of wave 3 and starting to make the wave 4 then continue downfall for completion of wave 5.
EUR/USD 22nd of SeptemberEUR/USD once reached the demand zone, broke it with an impulse in order to continue the downtrend.
XAU/USD 22nd of September Gold is doing exactly what we were expecting. It's bouncing between the supply and the demand zone.
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Gold 8th of September Gold, as US30, perfectly respected our prediction. Price started a new bull trend after the rejection of the demand zone + liquidity level.
Gold Will Bounce BackIf you see from my analysis, Gold will bounce between prices 1747.663 - 1749. From there we can assume that we will buy with a target at 1800.
Disclaimer: This is just an analysis and not a definite buy/sell signal. DYOR and please match it with your own analysis. Thank you and good luck with your trading.
Gold 26th of August Gold perfectly respected our prediction, once price reached our supply zone, price perfectly rejected it.
Interim Bulls could not halt the strong bearish XAUUSDGold against Dollar have been in a bearish trend way from Aug 15th, 2022 from the price of 1800 and last week its continues the downward trend and breaks the 1750 zone of concern ,
1750 is the zone of PUSHING DOWN, whenever the price breaks 1750 , it never missed to touch the support zone of 1683, this zone tested multiple times
This week , price may test the zone of 1750 again going down, there is a support available at 1735 , if it breaks further down , it will test down 1700 again
Gold 4H AnalysisHere is my XAU/USD 4H analysis. A or B. Confirm before taking a trade. Confirm in lower timeframe 1H and 15m, then take a trade. Trade at your own risk.
XAU/USD 12th of August What an amazing movement by gold! Demand zone, liquidity level and then price started an uptrend.
Silver: Last Stop !Before we head further down south, the silver price should recover more clearly and rise in the green target zone between $18.94 - $19.99. From there, we expect the last bearish push into the orange zone below.
GOLD - Support Rejected✅ Now Approaching A Resistance!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last analysis, we were looking for buy setups around the 1675 - 1700 support zone
Now What?
GOLD is approaching the upper orange trendline acting as a non-horizontal resistance.
Moreover, the zone 1750 is a support turned into resistance.
Thus, the highlighted purple circle with the red arrow is a strong area to look for sell setups as it is the intersection of the green resistance and upper orange trendline.
As per my trading style:
As GOLD approaches the upper purple circle, I will be looking for reversal bearish setups (like a double top pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
