GOLD TRADINGafter the big move that we did not profit from it at 100% because we advised to sell at 1904 levels, but we ttook sells after the small trend breakout.
now here is the next moves :
we go to 1852 with buy positions our stops will be to break the latest low point.
then we sell from 1852 our target is 1823
we buy from there heading with a big move up to 1870 levels again
finally we surf with the big wave down from 1870 to 1766
well that is a huge trading idea where we mixed many strategies, we expect to follow our path at 96% but remember that this is a market where nothing is at 100% sure but we try to do our best ! now that you have the biggest moves and waves try to do your best profits from it ! this analysis is worth millions actually but it is all free for you guys enjoy and leave a like and comment to encourage us sharing our knowledge with you !
good luck
XAUS
GOLD TRADINGHi,
so for this week number 19, we expect it to be a very interesting week for Gold !
prepare your self for big huge waves, but how to get profit from it ? as you all know for each day we have a high and low we have done the stats for you and here you go :
for the last 13 days : the average rise fron the opening price of gold is : 110 pips the average move down from the opening price is 180 pips and the average move between high and low 290 pips !
interesting stats that we also use for our analysis.
now here you go :
we expect price to move down at the opening of the market to 1876 levels where you can buy to target 1904.
from that price we will be looking for sells only and only sells ! good luck.
remeber our target is to touch the uptrend but we may go until 1806 ! let's wait for 1904 to begin sells first !!!!
Gold trading positionHi, after we gained PIPS from the latest gold's wave down, the chart is now much more clear for us as we are expecting to get another sells from 1893 targeting the 1827 levels to touch the uptrend that we are expecting to break at 90% after a small rebound, next targets then will be 1806 and 1765 then finally 1723. if gold decides to respect the uptrend we need to secure our trades anyways.
GOLD SELL trading optionHI. as you can see in the chart,
a head and shoulders pattern is in construction, we are waiting for the gold prices to move up again to 1979 zone where sells orders are set for a final target around 1922.
NB : gold can also break 1960 directly without forming the right shoulder, but it is not a strong option at the moment, so we do nothing but wait to reach our level for sell at 1979.
good luck !
Gold Price Action Analysis 01/02/2021we can see an ascending channel and supply and demand zones
i am mostly bearish on gold to 1750 or even 1550 but as we can see the price is trying to break trough the lower bound of the ascending channel and if broken there exist a support line at 1794 which can be a range zone
the other scenario is having a bullish view and we have the rejection and bounce from the same area as it is currently and directs to specified zone by the red line which is Fibonacci projection of 1
please comment your view
GOLD Sell setupHi traders:
Similar like my analysis on Silver, Gold is also shaping up to have the bearish continuation price action.
We see the HTF price action is beginning to show us the reversal movement as structures continue to develop.
We first see the bearish push down follow by the larger correction. Followed by another bearish push down, and once again, develop a larger continuation correction.
Latest price action shows us a LTF quick impulse down, currently at the bottom of the HTF structure.
We see the LTF correction is in the making, very good sign for that continuation to happen once correction finishes.
Look for further downside opportunities once we see the structure completes.
thank you
XAUUSD (GOLD) * SWING * Friday Short / Monday LongWe are moving in ascending channel and just bounce from its resistance and formed H&S on top.
Sell order:
enter at 1240
with SL 1247
and TP at 1225
Buy limit order:
limit order at 1225
with SL at 1217
and TP #1 - 1245
and TP #2 - 1256
Happy trading for everybody!
Feel free for comments!