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Xauusdwave

GOLD THIS WEEK 09/17/2018Gold closed bearish last week and was in the weekly pivot area for this week. If the price continues the trianggle pattern then the price will move to the first weekly resistance area, invalid if the price breaks low ($ 1187 / oz). Key support is $ 1187 / oz If it breaks low then it will move to the first and second weekly support area. Weekly Pivot: R4 1273.12 R3 1248.06 R2 1223.00 R1 1208.30 Pivot 1197.94 S1 1183.24 S2 1172.87 S3 1147.81 S4 1122.75 Option: -The price movement in a week can be used as a reference to take positions in daily opportunities
FX_IDC:XAUUSD
by yanuarmanalif
2
XAUUSD Corrective Structure With Bullish Break AnticipatedXAUUSD is forming a larger corrective structure than what I had first expected. Bear in mind that this is the H1 time frame though so actually still a small move inside this corrective structure. This structure could complete with either 3 or 5 waves. Once we see the break of this structure to the upside and the larger structure on the daily time frame, this will indicate a strong move up. Contact me via direct message for any assistance required Cheers Linton
FX_IDC:XAUUSDLong
by Linton_White
3
Gold Possible bigger picture scenarioGold tested its 2017 and earlier this year highs in April and couldn't broke up despite several attempts, so far the price action is testing multi weeks uptrend line, possible scenario i am expecting is to the upside but if it tests the white trendline and forms linear compression, most likely we will see another low this year. So anyway, lets see i am building positions for longs for target $1,285 area thereafter i will re asses. Happy Trading & have a great weekend.
FX:XAUUSDLong
by UmarAbdurRehman
XAU/USD Gold weekly overviewXAU/USD Gold weekly overview On the chart we see that currency rate 9 days ago bounced up before key level $1236. That was a signal that big players want to get more fuel for continue of the trend. Also, as you see on the chart there are bearish moving from 4 -month range $1300 — $1360. After such accumulation of volume, the price can't turn it direction in 1 moment. I think the price will continue moving down to key 13 months low $1204. Only near $1200 — $1204 we will be able to look for short.
TVC:GOLDShort
by Yuriy_Bishko
3
XAUUSD Is Testing Support, Prepare For A BounceXAUUSD is testing its support where we expect to see a nice bounce. Buy above 1285.81. Stop loss 1278.29. Take profit at 1301.99. Reason for the trading strategy (technically): XAUUSD dropped nicely to our support at 1285.81 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where we look to buy on weakness. We expect price to rise to its resistance at 1301.99 (horizontal pullback resistance, 23.6%, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bullish divergence and is approaching our support where a bounce off this level will be a good precursor for a potential rise in price.
FX:XAUUSDLong
by theforexarmy
Gold on pullback resistance, potential bearish setup!Gold has made a pullback to our previously broken major ascending support-turned-resistance line and this has triggered a potential bearish drop from here below major resistance at 1332 (Fibonacci retracement, horizontal breakout level, pullback resistance) towards 1305 support (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (55,5,3) is seeing major resistance below 99% where we still have good downside potential. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAUUSDShort
by Tickmill
XAU/USD fails to break below 55-hour SMA XAU/USD fails to break below 55-hour SMA In result of the previous trading session the exchange rate slipped to the lower trend-line of a junior ascending channel, as expected. Although the pattern has been broken, the further plunge still seems unlikely, as the southern side is reliably covered by a combination of the updated weekly PP at 1,316.13 and the 55- and 100-hour SMAs. For this reason, the pair is likely to make one more attempt to reach the upper boundary of a dominant five-month long descending channel. Due to absence of any significant data releases the rate might spend most of this week fluctuating between the above trend-line from the north and technical indicators from the south. In larger perspective, bears are projected to take the lead for notable amount of time.
FX_IDC:XAUUSD
by UnknownUnicorn890690
Gold approaching major resistance, potential upcoming reversal! Gold continues to inch upwards towards major resistance at 1332 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance) and a strong reversal could occur at this level to drive price down to 1294 support first (38.2% Fibonacci retracement, horizontal pullback support) before 1272 support (61.8% Fibonacci retracement, horizontal support). Stochastic (34,5,3) is seeing major resistance at 99% where a potential corresponding drop could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAUUSDShort
by Tickmill
1
GOLD / Time to Go long?1277 break that open gate to last small target 1265 has been done. Besides that one, I didn't have any other target and I made my first buy! Since I don't know will 1254 will be reached and what piece it will develop I split my margin impact into 3 positions! Sorry for maybe too long video ( whole 10 mins ) I was rambling because my mind is full of some other stuff during the video, but I tried to explain my bullish standpoint. Thank you, and trade with care. Here is the EUR USD idea that I mention-why I was looking for a bearish Gold.
FX:XAUUSDLong
by TheZabisyu
25
GOLD / So close to the truthHave to Admit that I am disappointed for stepping in the world of trading with a Stop Loss, last months while trying to use it my trading has gone totally bad. I will quote something I said from Previous Ideas about 1276. Whenever there are Gate levels, at some point, Gold likes to break them and go opposite direction without reaching the gate level break - target. So the thing with 1276 is that it can break it and shoot up. On the other hand, breaks are blocked by sub pivots! Sub Pivot is 1274.3 In this case, 1276 break will give a target 1254 that I already mentioned, but the trick is to know will gold break 1276 and go straight away down, or it will break it and go opposite direction. That being said SL below 1274 at 1273.2 is what I prefer! Sure enough, Gate Level was broken Target 1254 has been given, but like stated Gold Likes to break gate levels and go opposite direction! I am not saying that this up move is indicating that bull is here, not getting emotional from couple $ move, but something tells me that it is what is happening here right now.
FX:XAUUSD
by TheZabisyu
8
GOLD / Bullish ProofIn the previous post, I wanted Gold to prove it can be bullish with breaking 77 and 82! Although I tried short, sentiment immediately changed after 1$ break of 1277. And of course after breaking 1282! I would keep buying every daily close without looking at possible dips as they all should be considered as an opportunity to add! I will update swing L's daily. But we should reach 1322 and 1348. It should be the right time! Rejection from a monthly key-level + First monthly move down + weekly bullish swing H break 1282. Music! I am ok to post it now! This is a collaboration track. One of the best tracks I have made so far! Hints of House/Electro and Dance all in one! Thank you for your support, have a good one! www.youtube.com P.S All trades taken can be seen live over at 2-100k challenge trading desk!
FX:XAUUSDLong
by TheZabisyu
16
GOLD / Half Eaten $As you see on 2-100k challenge account the buy opened Friday is in + based on Friday analysis given that time! I decided to leave this position open and run it up as it goes. But this is not a decision made by the system. That's a decision made by emotions. AI is suggesting a sell anywhere below 1277. Emotions suggest - Hold it, it's going to the moon. The tricky part here is to know is it a reversal? The Only thing that can prove it is breaking Swing H's like 1277 - 1282 because in trending market it is what it does. In bullish market it will break Swing H's in bearish market it will break swing L's That being said. I think I will close the green position and go short. I don't mind losing a portion of profits with sell position. I just want Gold to prove that it can break swing H's and then I can load the real long positions. Emotions vs AI. If Gold is not breaking Swing H's it has a superior chance to visit 1228 like 1,2,3. The Swing H I'm considering as a bullish proof is 1282. I may regret this or salute about this, only gold on the chart will tell. But Like described before I give a fifth of a half-eaten $ about losing profits in this challenge, as far as I have 2K the challenge is intact. A lot will depend on open price, gaps, first move etc, but if I do something that, of course, can be seen on the account. Good Luck.
FX:XAUUSDShort
by TheZabisyu
9
GOLD / The First Move Down / 2-100kLast Month First Move was up, SELL This Month First Move is down, BUY I will monitor 1264-1260 for buys! My targets will be 1282 - 1311 - 1322 - 1348 Of course, will monitor intraday for confirmations and daily swings! If 1260 area is not broken, don't miss the trade! Since 2-100k challenge is fully Live, all my actions and trades can be seen instantly. The 2-100k account will receive the most focus on my trading desk! Will update here intraday!
FX:XAUUSDLong
by TheZabisyu
23
GOLD / HFT trading.Hello, guys! The Moment that a lot of you have been waiting/asking for. I have spent 2 years in Tradingview now, and there are two things that made me somewhat popular here. Transition trading and HFT trading. This post is for those following me for a longer period of time. I won't go over it all for newcomers. Transitions ain't dead. They are just stuck somewhere in programming desk. Transitions should be back at around 2018 when backtests are done. Transition trading was one of the most powerful trading systems I ever had, and the beauty of it was that it provided almost risk-free entries. During Transition trading time posted trading ideas here were the most loved ones. Behavior changed and they failed which is normal because everything needs updating as market behavior changes. But this post is about HFT trading! Remember those days with Live Periscope translations were we traded News Like FOMC minutes, NFP, Yellen speeches etc, overall all high impact news. And I don't remember a single failure we would have. At some point, I stopped trading HFT and I explained why. But HFT was something never slept on, and the day when old HFT was gone, new HFT was on the programming desk! Last Friday NFP was a key day for me because I was waiting for news from my programmer's coz we are about to release 10x more advanced news trading robot. There is a lot of improvements. I separated 100 - 50 -0 Fib Frequencies and made instructions for the robot to divide them into Smaller FRQ types. Why I did that is because if you remember we did not know will it be a spike and turnaround or straight move! I researched this a lot and found that with Fibonacci phase separation and adding FRQ to each phase can modulate a way better signal so now I have 90% chance to know what type of a move News will cause. I added Polynomial Signal filters that can filter ALA breakout signal weakness based on FRQ so now I have a chance to see better will the impact will be high on the market or not! If you remember our live news trading before sometimes I told you that based on what I see looks like impact will be weak and it indeed was in such cases, so it was not even worth to be traded. I added BANDS. What BANDS do is they filter Tick signals for upward ticks and downward ticks. If 1 minute before news release there are more than 16/5 ticks upside or 16/5 ticks downside every 6-10 seconds I can then almost 100% tell the target, since each BAND corresponds to these ticks. Downticks for Lower band. Upticks for Higher band. I constructed Signal Operators ( Mostly Polynomial ) Now each signal operator can handle one phase at a time. In the Old version I had just two operators and sometimes they started a conflict because of instructions they were given. Now each operator is independent and any conflict is solved by general System monitor window. This is way better as this Artificial Intelligence can tell me if I have any mistakes in instructions I have given to each signal operator. It is capable to fix the problem on its own in most cases and will leave a review for the user ( me ) in the log book. Having more signal operators is better for performance. And a lot more small nuances and filters to get a pure signal. Here is how the machine looks like: prnt.sc I have to add ALA filters and test some more news trades, but I can tell you for sure that HFT trading is back, and closer to the end of this year we will start trading NFP and other news again. Now it is 10x more advanced. HFT trading was one hell of a journey with you guys and I am happy to know it is knocking on the doors again.
FX:XAUUSD
by TheZabisyu
4