XAUUSD SELL ENTRYHello Trader! Today we made 300 pips from Gold and here is another sell trade for GOLD. Hit the Like button for support and Follow to stay connected.
If Market hit the target before entry than cancel the entry order. Entry and Target is set according to my strategy.
Previous analysis
SELL-GOLD
XAUUSD SELL Shooting Star in D1 ChartHello trades! Tuesday was a brutal day as it took 250 pips from two losing trades. I think bad day is over Now and This is the Eid Celebration Trade for you.
Must Read: When i got first victory of July i made my mindset that i will make 1200 pips from Gold in this Month because may ends with 1000 pips, June ends with 1100 and i wanted July to end up with 1200 pips. i was up 1450 pips day before yesterday and today i am @ 1200 pips (exactly that i wanted, i should be happy with my achievement but i am not because of my yesterday's losses). So the Point i wanted to tell you is that You will attract what you are thinking and That's the secret technique that i used to figure out my money making strategy. First Believe and it will attract itself. You should't be fearful from inside because it will not end well.
We can see Shooting Star in D1 candle which is a reversal candle, It happens all the Time traders were not accepting long term Buy and it happened and now traders have changed their mind to long term Bullish and Now I think Market want to have Fun as Usual. Chart and Target analyzed using my strategy and i was looking for another reason for sell other than my strategy then i found Shooting star in D1 chart some people won't agree that its a shooting star but if you see bullish/bearish engulfing patterns mostly the first candle looks like that. You can also enter trade here.
Gold performance
May ends in 1000 pips profit
June ends in 1100 pips profit
July up 1200 pips
XAUUSD Detailed Analysis - Long SetupYellow zones- critical zones based on the monthly time frame
Red zones- critical zones based on the daily time frame
Blue zones – critical zones based on the 4h time frame
Orange zones – critical zones based on the 1h time frame
From last week’s COT Report we can’t see any drastic changes towards a single contract size. Both “long” and “short” positions have increased their sizes with the same amount. Next week’s report will be crucial for us in order to get a better grasp how the institutions will be play out their cards for the next few weeks.
Since the beginning of June, the price is in a “parallel” channel (4H time frame) which was respected multiple times and there wasn’t a single definitive close below/above it since then.
Last week price got rejected just bellow the 1820.000 area and so it created an hourly critical zone. Since then the price is ranging between the hourly critical zone and the monthly critical zone. The last touch of the parallel channel was with the bottom trendline and now we can expect an attempt towards the upper side near the 1840 area.
We have 2 scenarios with high possibilities after the price received support from the 0.5 Fibonacci level:
1. Price receiving support near the bottom trendline again and then going for a close above the hourly critical zone.
2. Price making a false breakout trough the bottom trendline and receiving support from the monthly critical. Then it will go for a close above the hourly critical zone.
Of course, there is always the chance for a strong close bellow the trendline, without a rejection from the monthly critical. This will mean that a trend reversal is ready to take place.
Happy Trading!
XAUUSD Long Setup Yellow zones- critical zones based on the monthly time frame
Red zones- critical zones based on the daily time frame
Blue zones – critical zones based on the 4h time frame
Orange zones – critical zones based on the 1h time frame
The last COT Gold report came out bullish and there are no changes that could indicate a short momentum in the contract sizes.
After breaking the 1800.000 level, price managed to place new highs near the 1818.000 area. Afterwards a small correction took place. From the 8. July till 9. July the formation of a “M” can be seen, but it could not break the monthly critical.
Now the price is in a “W” structure, which already received support from its neckline. If we get a close above the previous lower high, we can prepare for an entry in a new channel that can lead towards the next monthly critical area.
There is a high chance that price drops again towards the 4H bottom trend line near the 1790.00 zone in order to stop as many buyers as possible. This will on the other hand give the retailers a reason to sell, thinking that the time for a bigger correction has come. The 1790 area also aligns perfectly with the 0.5 Fibonacci retracement and with the 200 EMA. If this happens the bottom trend line will play a crucial role as support and the price will once again receive the needed momentum towards the 1850.000 area.
If you enjoyed my analysis, please leave a like, comment or follow. Thank you!
Happy trading!
XAUUSD SELL(JACKPOT TRADE) WYCKOFF DISTRIBUTIONHello traders, GOLD has completed two secondary test of BC, This is the final peak now it will make lower lows. We are already in 1000 pips profit and it will give another 1000 pips profit in this month. I will keep updating this chart and we will keep adding trades. This could be the huge jackpot.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
XAUUSD WYCKOFF'S Distribution Method, Don't miss final peakHello traders we have traded every wave of Gold in this month of june and we are nearly 1000 pips profit without any loss. This is a Wyckoff's distribution pattern. My current trade target is 1744 and i am expecting a drop exactly from 1747. I dont think market will move above 1747. This sell will be in 1000 pips profit so dont miss this final peak and keep trade running till Target.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
Previous analysis
XAUUSD SELLGold is ready to fall big this time it is also a third attempt to sell from same area. You can sell more if market reach to 1741. I am not expecting it to break above. But breaking above will test 1782 target.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
Gained alot of pips just from gold this week, here are previous analysis
XAUUSD SELL from 50% of DistributionPrevious trade worked very well now i am expecting the same trade. you can go for the sell again. This Distribution technique will work again and again. this time it can go more down.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
Previous analysis
XAUUSD SELL FROM DISTRIBUTION AREACongrats to those who stayed with the trade and achieved full 540 pips target. My previous target was at 50% of distribution. I knew Distribution will attract market like a magnet now it will throw it back. Stoploss is set little above the resistance and Target is set to first support.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
Previous analysis
Price actions ,GoldWeekly bullish anchor candle formed ...then weeks from then a nice pin bar formed showing that sellers are flexing then after that another candle is formed that closes above the anchor candle . According candlestick patterns I’ll go for a SELL