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Xauusdwave

GOLD / Sell Setup Close on Friday was Below 1298 Not only psychological 1300 level itself but 1298 - 1299 area is pointed out as a strong sell level! I will definitely sell. If Gold breaks out upside I will close the sell after the pullback at BE and Go Long. 1299 is a transition type level so going short is not that risky since if broken upside will do a pullback. In General break of 1304, Wednesday gave a target 1271, so there is a big chance it will be reached! I still have no idea what is going on with 1270 but it seems can be reached. 1348 was generated on September 11 so time-wise until October 11 it will be reached! I will catch a first buy setup and Go long for it as soon as I get it. So far under 1299 Sell. This trade will be taken live over at 2-100k trading desk. Good Luck.
FX:XAUUSDShort
by TheZabisyu
42
GOLD / Comprehensive Intraday Analysis / FOMC EditionHello, guys! This one will be very Comprehensive because I will not be able to be in front of chart tomorrow especially during the FOMC. First, 1270 mentioned before! I now say based on my analysis that 1270 is trashed from my view! Or should I make a louder statement? Okay - The Death of 1270! Does it sound better? lol When it comes to my trading, it is very dangerous because I need super right price feed data! For example, I don't know what source Tradingview charts use for Price feed, but this price ( High, Low, Close, Versatile Pivot Lows, and Highs and other prices I need ) is the worse I have ever seen in my life when it comes to trading. If I would use Tradingview price feed for my calculations I would blow my account in no time just because Artificial intelligence would display me absolutely different levels. If High of the previous day is 1310.18, the low of the previous day is 1303.67 and close is 1305.70 I get one picture for the next day, but if High is for example 1310.20 ( 2 cents higher ), Low is for example 1303.66 ( just 1 cent higher ) and close is for example 1305.64 ( 6 cents lower ) I get absolutely different levels and projections for the next day! I did a lot of analyses about 1276.6 and was it really broken that day ( Friday ) and I came to the conclusion that it was not! I trust my Price feed provider more than anything else because while programming all my trading calculators and finding dynamic pivots in the market I used only their price feed ( won't name the company ). They display the L that day was 1276.38 and that means there was no break of 1276.6 by 1$ So I am scraping out 1270 from my trading book! Now about the current view! I have gone through all levels since 1357 on intraday basis ( yes I have a time machine :D ) Let's start by the highest level! Monthly key level 1354 was broken and Versatile Pivot tag targets were given - 1359 / 1364 / 1369 and 1374 Some days before there was a series of Versatile Intraday Pivot Tags and it creates series of next Versatile Pivot tags, which did not arrive, but should. But there was no continuation! Versatile Pivot Tags - Break of Dynamics - Versatile Pivot Tags, to complete the inversed intraday L P C math pattern. Next, 1348 Tendency Pivot ( 1348 D3 with Sub pivot on Top ) not reached! And accumulation calculations show a bullish tendency. Next, Do you remember the day we sold 1334? By Sub Pivot analysis there was 1332.01 sub pivot that corresponded to 1339 ( 2 weeks mathematical cycle pattern ) So after break in 2 weeks should tag the H sub pivot ( which is 1339 in this case ) Next, 1322 the unreached Tendency Pivot on Monday. do you really think Gold can afford to not reach it? I don't think so! Next, We all know this week is important, as well does the market itself. So the first move down in this week, especially on the key level of the month is healthy for Bulls. This part is done ( I will not count everything, there are other small things like sentiment pivot breaks up n down that creates sequence ) but everything stated above is called - Sentiment. It is great to stick the puzzle together to know a general sentiment. I am not falling in love with something, I am just making an educated decision here. Current day - Today the tendency pivot and sub was 1309.2 and 1309.5 after recalculation next sub was 1310.1 Didn't break them and went down, with massive exhaustion signs. Was not even able to tag 1304. I will make intraday post after the close because I need more time to calculate it all and provide you with all pivots and levels to watch out, as well I will explain why I have SL moved to 1298 and what are the reasons for it. One of the reasons for it is the fact that I will not be able to even look at the chart the whole day, I will have the first look in it only like 1 hour after the FOMC. So there is no way I can intraday trade it. About other reasons - after the close today!
FX:XAUUSDLong
by TheZabisyu
43
XAU/USD breaks long-term channel upMorning outlook - XAU/USD breaks long-term channel up Even though information released about the US Core Retail Sales appeared to be worse than analysts expected, the pair did not manage to stay in a long term-ascending channel. It seems that the breakout was triggered by a combined pressure from the 55- and 100-hour SMAs. It should be noted that such outcome was in line with a daily chart, which suggested that the rate was going to continue to plunge at least until the 61.8% Fibonacci retracement level at 1,278.96. Accordingly, today the pair is likely to continue to move to the bottom, trying to reach the updated weekly S1 at 1,310.77. A recovery of the yellow metal is not expected to follow, as the northern side is reliably secured not only by the above 55- and 100-hour SMAs, but also by the updated weekly PP at 1,325.63 as well as the upper boundary of a new junior channel down.
FX_IDC:XAUUSD
by UnknownUnicorn890690
1
GOLD / The Trump Drop V2 , We Found it.?I think we found it! This could turn out to be a fake break above 1338 monthly key level shown in some ideas before. Today we broke it back down signaling 1331 - 1328 as a possible target. Let's not forget we have 1294 - and 1270 on the cards! The day before we broke up 1311 and then back down 1309 giving a target 1302. The only problem here is that I was too early again - as always! If the technical targets given are true that means fundamental aspect should fulfill them! The Only thing that is Holding gold up now is a mess in NK. In other words, let's make peace and let's not shoot rockets over Japan again, and the money can flow away from safe heaven for now. Because in this case, it is how fundamental would fulfill technical direction. I think it is time to turn around! Current Sell positions @ 1311 @1317 @1341.8 @1338,6 SL for 1341.8 and 1338.6 @ 1345.5 Hedge order @1334 which will be closed if we turn around. It is time! So I may risk and call that we have the right Top IN. Aim Back 1300 and most probably a break back under it! We may have The Trump Drop V2. P.S We have some great Chartists here having a nice Bearish pattern setup on Weekly! Definitely, check it out!
FX:XAUUSDShort
by TheZabisyu
14
GOLD / Early on the ShipHave to Admit that I am early on this Ship. My lowest Buy is 1311 so the absolute DD is/was 33$ with the given H 1344. Today when Gold came back up after filling the gap, I was monitoring 1333 and praying it is not broken back upwards but did not happen. At 1334 I had to hedge so I can survive this. At the moment I will go aside a little bit, and wait for a confirmation. 1346 is a new bullish phase entry. I have set a BE on my 1334 Buy so that if the reversal Comes I get the buy closed and I can slowly get back to the surface. So at the moment being hedged, I won't do a lot, but if there will be some breakout type signs I will again take action. I guess sometimes you just have to be wrong, otherwise, you would own it. I will update if I get something.
FX:XAUUSDShort
by TheZabisyu
9
Gold (XAU/USD) Next Target $1200 per ozHere I have found an opportunity on XAU/USD with two possible scenarios. Dependent on todays (05/07/2017) Daily candle close on Gold (XAU/USD); I have found two seperate possibilities - either option still gives me the same bias on Gold, which is a short to $1200 per Oz. If we get a Daily candle close as a shooting star, I will automatically enter a Gold short, with stops above 20-30pips above the high of the shooting star. Targets would be just above $1200 (maybe $1201.00). The reasoning behind this is that I think we have a lot of bearish momentum with Gold at the moment, a weak daily close could be enough to push gold lower without a pullback. However if we see a green bodied close on the daily candle, I still believe we are in consolidation and a pullback (up to retest the trendline we recently broke, which matches with the 61.8% Fibonacci area) could well be on the cards. So if we do see a strong daily close, I will await a pullback to these levels before looking for short opportunities. I have clearly marked both possibilities on the chart (see the arrows). I shall update later today, let's see how this plays out.
FX:XAUUSDShort
by buykinisuk
1
Gold/USD WKNEoWave analysis on XAUUSD by Enayat Ashkian Overal Pattern Type: Correction Wave ((A)) : It is started after the triangle and formed a normal Zigzag pattern and completed after a triangle. Wave (A) in ((A)) Pattern : Impulse trending Wave (B) in ((A)) Pattern : Irregular Flat Wave (C) in ((A)) Pattern : Impulse trending Wave (B) / Wave (A) : About 35% Wave (C) / Wave (A) : About 74% (A)-(B)-(C) Construction : 5-3-5 (A)-(B)-(C) Pattern : normal Zigzag Please discuss about this analysis, it's counting labels, targets, T/P, S/L and future patterns, moves and ... using your described charts by comment on this page. Regards, Enayat Ashkian contact link: telegram.me
FX_IDC:XAUUSD
by Ashkian
9
GOLD / In Line We Trust.Can you Trust the Line? On original Chart, you can see one version. Let's see other Version. Everyone will have his own opinion and reasons why it has to be drawn different. And everyone will have his own opinion whether the magic line is broken or not. What I am looking at is 2 targets. We completed first one, almost about to complete 2nd one, and hopefully complete the 3rd one. prnt.sc But now In game 1251 - 1257 has joined to serve as a target for gold. prnt.sc In past, I usually had troubles with these targets, because once I got one, I jumped straight in for it and had to sit in DrawDowns. If you are following for longer time you know it. As well you do know that all these targets always were reached. Lately, I started to study the cycle for these targets ( time wise ) And usually, It is around a month. Basically, That means ( most of the time ) If I would now jump in sell for Target 1257 and 1251, there is 90% chance I would suffer DD for approx next 2 - 3 weeks. Meanwhile, I have the 1307 and it is around month still unseen and should be reached soon enough. So To create little less MESS I will imagine there is no Magic Line, that every 2nd one count's to be broken and every 3rd one says it is not ( lol ) I do think we could climb up reaching 1307. And then on Intraday levels Look for a possible reversal. Another possible scenario is that Magic Line 1285 which is our 2nd target, is reached and Gold is rejected down to Visit 1257. I cannot know. Anyway: For Buy at 1229 SL is moved to 1240. For Buy at 1233 SL is moved to 1240, for Buy at 1263 SL is moved to BE. P.S Funny enough if Gold goes up and reaches 1307, or it doesn't matter what exact number it reaches when it comes back to reach 1257 ( And it will do it ) that means Magic Line get's Broken Down again? 6 Years we could not break it up and then once we do it we again break it down? Oh, my. Let's see what's up with Gold. Waiting for 1285 - 1307. When Gold hits 1285 and Intraday Levels suggest a Bear I will Sell without closing 1229 and 1233 positions but closing just 1263. Good Luck.
FX:XAUUSDLong
by TheZabisyu
4
GOLD / ∂ at 1285, and extra $ at 1307.Holding May 4, 1229, May 5, 1233, and Yesterday opened at 1263 - positions. Pivot for Tuesday and Wednesday ( today ) is 1260 and Gold could not break it to get to 1255. I am still expecting it, but it may not come. If so then small retrace is done and gold can continue to reach the target. Two rejections, no clear break... But still, if goes for 3rd attack can break it and reach 1255. 1275, shown in previous ideas - become less important, since Last Friday close generate - ∂ type target 1285. 1285 is pretty strong level, where you can consider to book the profits. Personally, I will wait out till 1307. So it's basically up to you, stay until the end or grab the cash at 1285, after 1285 - 1307 is extra with 22$ in it. And of course, it still remains as a target, just from a different strategy.
FX:XAUUSDLong
by TheZabisyu
4
GOLD / One Step Closer / 1307.xxOpen positions May 4 - 1229.x x May 5 - 1233.x x May 26 - 1254.x x Friday close price gave somewhat mixed signals, but there are some levels that are asking me to buy Gold on Monday on opening at market price. Furthermore Friday Close adds one more target 1283.xx For 3 running positions Stops are at BE. Gold price is almost at 1275.x x target shown in previous 1307.x x series idea. So the chain looks like 1275.x x - 1283.x x and hopefully 1307.x x
FX:XAUUSDLong
by TheZabisyu
7
GOLD / 1307.xx ( update )Open Positions: May 4 1229.xx May 5 1233.xx May 24 Gold intraday level show it could climb up to 1259.xx after breaking 1251.9, which was reached, but drop to 1244.xx was anticipated as well. Gold drop to 1247.xx and close 3rd position from 1248.xx opened May 19 at break even. I said I would try to buy back 3rd position at 1244.xx but didn't happen. After studying Monthly key levels noticed the monthly key level 1249.xx reject gold up so far numerous times. And now Thursday's intraday levels show that buy from 1255.xx ish can be good. I will buy back 3rd position at 1255ish today, and I will add 4th position at 1260.xx SL for all positions will be set 1242.xx if Gold reach this level all 4 positions will be killed. I have calculated risk for these two new positions so just in case - Gold drop to SL I get minimal to no loss because two lower positions from 1233 / 1229 hitting the BE at 1242 will cover most minus for these two new positions. Closest target 1275, but initial target remain 1307.xx Good Luck and all the best.
FX:XAUUSDLong
by TheZabisyu
6
GOLD / 2nd PyramidUpdate for the previous Idea. First of all glad that Friday I closed my sells from 1258 at 1240 because had a feeling about bounce up to 1247. New month data came in and I notice an alternative view that we can have the first move up to 1262 as well that I pointed out in the previous chart. My first entry is at 1247 that means 15$ DrawDown which for me is peanuts. 1225 is still on the table but it's just late. New Pyramid again with entries 1247.xx 2nd entry at 1257.xx and if gold goes more up which I hope it does then 3rd entry is 1262.xx Each higher entry is bigger than previous and still with medium risk so I can handle the heat. The thing is since we have monthly resistance 1262 and if we reach it first that set's monthly support at 1235. Since our target is 1225 which is a frequency tag target and is stronger than monthly levels that mean's we break 1235, and if we break 1235 we have BIG chance to visit 1191. That being said boys and girls, we have a chance to catch 70$ move on this monster. If we finally have a clear rejection, because I am tired of making these pyramids :D and gold finally can do something more interesting than range rover here for weeks, and daily levels start to get bearish we will add on each day's opening - first move up to our sells. Stay tuned.
FX:XAUUSDShort
by TheZabisyu
29
GOLD / Steal from Bull ( Robbery Edition )Gold is still Bullish. We stole some cash from him already. Hopefully, he is not mad for that as we steal more, but not too much as we can get in Jail. Don't know about you but I suggested to close the shorts ( Pyramid Principle ) that we had from TOP - Friday at 1240ish because we can have a bounce up to 1247, and sure enough it bounced giving a chance to re-short after taking profit. Friday at 1247.xx my new short was triggered, I assume Gold will screw around with it as always seems that it is still in Circus. Target still remains 1225.xx I will take off 50% at 1235.xx and 50% at 1225.xx We have nice bullish accumulation for last 2 weeks and still with new April data accumulation stays, and gold is pretty bullish, but we have one problem. In Bifurcation Diagram we have now one new root in the diagram that can cause bullish problems. If gold drops all eyes open on 1226 and 1218 level. If 1218 broken I assume gold is visiting 1191. Safe trades. Trading is dynamic so that means situation changes rapidly, today 1218 means a lot later it means nothing, so the situation can change as it goes.
FX:XAUUSDShort
by TheZabisyu
28
GOLD / Wishful thinkingHonestly, every single recalculation shows one damn bull in the background. If pyramid works out and gold drops it will lead to heavy buying afterward. We have possible monthly breakouts, now the 2nd one with bullish accumulation target 1277 and 1304. If we get a drop, buy gold . I would not be surprised to see an extended leg up now around or above previous high 1263ish before the drop. Common thing after a breakout. Wishful thinking, though, but sequence I would like to see is down from here to 1225-1220 ( extended 1214 ) and back up.
FX:XAUUSDLong
by TheZabisyu
22
GOLD / Periodic Motion ( Continuation Algorithm )This chart is for test purposes. Since 2015 when I was in latest quant maths trading seminars in Iran I was given materials for study about Numerical continuation ( Continuation Algo ) In Numerical Continuation phase you can analyze only so-called parametric family We have two who can be counted in this family and they are Gold and Dollar. Since 2015 I have studied all these materials but never had success with it finding Singular points. Masters in Iran at this can find laser targeted Singular Points and predict any long-term movement in the current phase. What we will be looking at is Periodic Motion, since anything is based on Action Reaction. Last year we had Dollar Action - Gold Reaction. If I have calculated the Last Singular point correctly then we are in the phase of Gold Action - Dollar Reaction. Last Dollar Period PLC has moved from Regular Point to ODE phase ( Ordinary differential equation). In this differential equation state, we should see Periodic motion based on Gold Action - Dollar Reaction. In this chart Gold and Dollar: These are my calculated starts of period motion. Since they are in Parametric Family and they are changing from Dollar Action - Gold Reaction to Gold action - Dollar Reaction, that would mean that We have: One more up in Dollar ( not sure but can be up to singular point level ) One more down in Gold ( not sure but can be down to singular point level ) In other words, Dollar now become a mirror ( reaction ) of last years gold ( reaction ) Which equals to Gold Action - Dollar Reaction. Then Drop in Dollar and more powerful up in gold. Here is Wikipedia Material about Numerical continuation. en.wikipedia.org Once again this is for test purposes, I am an intraday trader and I trade based on Transitions and Difference between Dollar Resistance / Gold Support, long term is not my field, I am just working on a long term to master it and add to my arsenal. Good Luck.
FX:XAUUSDLong
by TheZabisyu
9