For those of you that saw we put out a buy call previous to this sell call. We took it down immediately after thinking we painted the wrong zone and did not want to compromise anyones accounts that might be following the signal. The buy position we had a tight SL on and we tracked the candles into the previous day high and watched it break the bullish candle on...
With it being close to end of day and Gold having expended so much energy in its fall we see the end of day low coming to form on the 5m demand zone. We will be tracking each candle that closes in it til we have a bullish break in the zone!
Yesterday we caught the buy off the bottom of the stall out on XAUUSD. We moved our TP to 2625.14 and it was hit. We then waited for the new day and that is when price pulled back into a newly formed demand zone and met all of our entry criteria. Then price met the same buy entry criteria again tonight while breaking all necessary candles with a bullish candle on...
Gold has good push down today that required a good bit of energy to move and we are in the timeframe for the daily low and high to be formed. With Gold being inside a daily demand we are looking for signs of rejection to the upside. We have been tracking Gold all morning waiting for price to break the 15m Zone. Once we have a clean break we will be buying up to...
From our analysis BTCUSD seems to have found its high and will begin to drop now. We are selling BTC now and holding until we have achieved a retest of the KeyZone at 71K
Gold established its daily low on friday but I do not feel that was the full depth of the move. I see it going lower upon market open and then rejecting the lower key zone which will form the Sunday Low and send price in a bullish manner to create a new high. So we should be looking to short til we reach the lower Key Zone and then we should be looking to buy!