Xausud
GOLD July W.4: Short-term trend alertHi friends, I hope y'all had a fantastic weekend ;)
Today, we're looking a beautiful short-term trend signal on this baby. This trend is derived from the weekly where the price recently closed with a bullish reversal candle pattern in the double tops 2nd level. Usually when the price closed in that manner, a counter-trend occurs that will retest previous broken and not retested key levels before trend continuation. In this situation, the price seem to want to do that, however, there is a probability for the counter-trend to not play out because as you know there's no certainty in the markets. With that said, let us discuss how these trades will be triggered and entirely dis-confirmed.
Bulls: -The price bearish bounced off the Mini Daily Half a Bat Neckline, 50 and bullish crossed short-term m.a's with a bullish reversal candle close that is followed by a bullish candle (1st trade); if that trade signal leads the price to rally to break and retest the 2nd 4H Key Lvl (2nd trade), that will fully confirm our bias. I call these trades a "Half a Bat B-E.1 & E.2 signal".
Bears: -If the price bearish breaks and retests the 1st 4H Key Lvl together with the 50 and bearish crossed short-term m.a's, that will dis-confirm our bias. Thus we won't be taking any trade.
This is not financial advice, but if you interested in taking these trades with me, these are their signals:
BUY E.1@: 1728.48
Lot Size: 0.07
S.L @: 1720.28 (-0.43%)
T.P 4@: 1787.49 (+3.14%)
R/R/R: 1:4
BUY E.2@: 1741.00
Lot Size: 0.07
S.L @: 1732.37 (-0.46%)
T.P 3@: 1787.49 (+2.47%)
R/R/R: 1:3
To successfully manage the trades in cutting their loss short, follow this strategy:
-If the price bearish breaks and closes below the Mini Daily Half a Bat Neckline, then you should close the trade...(E.1)
-If the price bearish breaks and closes below the 2nd 4H Key Lvl, then you should close the trade...(E.2)
To successfully manage the trades in letting the profits run, follow this strategy:
-If the price triggers the 2nd trade signal, then you should move the stop loss to B.E...(E.1)
-If the price triggers the Half a Bats C-E.1/E.2 signal, then you should move the stop loss to B.E...(E.2)
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts!
Stay Blessed,
Doji-2k1.
#GOLD Buy Idea.Great Setup For a buy
minimum 300 Pips in profit.
We have double Bullish confirmatios in HTF & LTF
#GOLD ⭐️Let's see how GOLD is behaving.
This is a 1D chart. (Mid Term)
There is a solid resistance area on the way up, which requires massive buy volumes to reach and cross.
There is only one support level on the way down, holding the value up.
The price is at the local resistance zone, which might get rejected.
If we pass this resistance level, after the confirmation, you can put the solid resistance level as your target.
The marker is showing sell volumes for GOLD.
The RSI shows that GOLD is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $1855.57
Let me know your ideas.
Good luck.
Gold growth to 1918.00 is more likely!just now
Gold broke above the falling trendline that acts as the resistance of the descending channel . I expect price to rise after some consolidations.
Goal 1918.00
Please support this idea with likes. If you have different opinion please share in the comment section below.
TOMOCHAIN Daily TA : 04.29.22 : #TOMOIn this chart, we have examined the important and key levels of price supports and resistances , as well as the appealing levels for possible investment opportunity in this chart have been identified and you can keep an eye on it .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.29.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
What is driving gold The yellow metal, after briefly touching the $2,000 level is back down to $1,900, support provided by its EMA so far. Gold's rally this year has been partly predicated on the view that the surge in commodity prices will make already hot inflation persistent.
However, that might no longer be the case as future growth is becoming uncertain due to multiple factors, notably, China's zero Covid policy, the conflict in Ukraine, and Fed's attempt to cool down the economy.
GoldViewFX - MARKET UPDATE Hey Everyone,
Quick update from yesterdays post. Not much change in analysis, as we had some tight movement sideways.
We were able to take some buys from 1894 up to 1907.
As long as 1888 stays intact for now we expect price to steadily move back up to 1917 for a challenge. A failure to break above 1917 will confirm further movement down to challenge 1888. A break above 1917 will open targets back up to 1921, 1926, 1932, 1937 and back up to 1945. A break below 1888 will open the lower levels, which we will update and share soon as we see this break with EMA5 cross and lock.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support us. We really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURUSD 15Min Scalping : +40 Pips ✅As you can see, the price exactly according to our analysis in the channel started to fall from 1.135 , so far it has brought us more than 40 pips return. I expect a positive reaction to OB+ in the range of 1.1288 to 1.13.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
GOLD lowterm bearish for next daysGOLD lowterm bearish for next days
I think this week GOLD will broke 1888 level, with 1822 and 1812.50 as targets.
Be carefull, patient and discipline.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Good trades to All.
The information and my publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied by me or endorsed by TradingView.
CARDANO , Breaking the downtrend line ?Cardano
Ada has reached a very important level of support and has now been able to pull herself up
It is expected to move towards its own downtrend line and will break this line soon
But if the $ 1 support is lost, the descending targets shown in the image will be activated
📊 #ADAUSDT ( Cardano )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 02.07.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Gold - using implied volatility to find high conviction entries XAUUSD is testing the August 2020 downtrend and requires a close above 1850 to get the bulls excited – if gold is going to have a more explosive upside move it requires far greater involvement from CTAs (systematic trend-following funds) and FOMO buyers.
The near-term flow has been bullish, but the long-term downtrend could be an area of greater supply – a closing break, therefore, could be powerful.
Looking at overnight options implied volatility in XAU I see this sitting at 19.3%, which is elevated and at the 70th percentile of the 12-month range – if we equate this into the implied move the market is seeing on the day, it relates to a $17 move (higher or lower) - we can then project that onto the current price and see the expected range on the day with a 68.2% level of confidence – I’ve marked this range ‘1’.
We can double this to get a 2 standard deviation daily move – where the market sees a 95% chance price will be contained on the day – I’ve marked this ‘2’.
Certainly, any outsized moves, which would be driven by a surprise from the Fed, and these are the high conviction levels to lean against and look at mean reversion/counter moves intra-day. The FOMC playbook is clearly diverse, but a market that senses the Fed have greater concern for the recent tightening of financial conditions, or questions the 4 hikes that are priced into the fed funds curve for 2022 and XAU should push towards 1866 – where the market feels fairly confident it shouldn’t breach – this marries up between R1 and R2 on the pivot points.
On the downside, should the Fed beat hawkish expectations and promote a rally in the USD and real rates, and we could be headed for 1830 - the low range of the straddle, which marries nicely with horizontal support (blue line) at 1830 – look for buyers into here as an intra-day mean reversion trade. The big conviction comes in at 1812 though, where I’d expect a decent bounce intra-day.
While we can use Bollinger Bands and other statistical levels of volatility – using implied vol and where market makers have levels for clients to buy/sell vol has a certain science to it, and we can use it as a forward-looking guide for movement, with different confidence levels.
Summary
Support 1 – 1830
Support 2 – 1812 – high conviction intra-day low
Resistance 1 – 1866
Resistance 2 – 1882 - high conviction intra-day high