Looking to sell gold when it rises to 2697 expecting it to continue to fall to 2657 which was previous support. Trade is based on higher time frame trend lines and supported by Fibonacci levels , 0.5,0.628 marked out on chart. You can see that Gold broke the daily level of resistance as well as the 4 hour resistance too there is a chance for gold to open bearish...
Back again with another swing trade this week, utilizing trend lines and Fibonacci levels. I anticipate that upon opening, Gold will rise approximately 120 pips before reaching and adhering to both the daily trend and the Fibonacci 0.618 level, followed by a retracement. Setup: At the Asian market open, aim for a buy up to 2578/9 for an estimated 150 pips before...
Gold 1 hour chart key levels with both buy and sell entries For a buy look to enter at 2691 expecting 2696 to 2704 2710 which will be high resistance but if broke then 2720 2732 2740 2750 2765 2785 2800 2804 2820 On the downside ill look for a sell at 2678 expecting 2674 2664 to 2662 which will be resistance 2650 2640 high resistance 2628 2618 high...
USDJPY SHORT TARGET 200 PIPS This week we are looking to short USDJPY from 153.500 to 151.209 which is 230 pip target. Election fever should be calming down in the coming week and expecting to see a correction in the USD in the next few days. Trade is base on a few different conditions, I have marked the fake breakout and also the formation of a head and...
Sell GBPUSD at 1.29344 , wait for pullback and rise by 30 pips before entering a sell position. TP 100 pips at 1.28321 Trade based on trend lines and Fibonacci levels on the higher time frame . Please use proper risk management when entering these trades.
Expecting a lot of volatility in the coming week with the US elections on November 05. Thoughts is a win for Trump would be good for the US dollar and a win for Harris would cause a drop this is just based on past results. Levels Consider a buy at Buy 2754 expecting the following 2762 2772 to 2774 will act as resistance if broke then expect 2780 2790 2805...
Looking for a rejection on previous level to enter wait for break and retest. Entry 1.29300 , Take profit 1 1.02908 TP2 1.28698 full TP 1.28549
With the US elections on Tuesday we have to be carful on that day as Gold will make some erratic moves pre and post election results. Trade is based on Fibonacci levels and trend lines both weekly .daily and 4 hour looking for a break on previous support levels . If Trump wins am thinking this will be good for US dollar , this is based on previous election...
Wait for retrace and Buy at 1.29404. This is based on higher time frame and Fibonacci retracement at 0.618 level We will target 75 pips
Gold key levels for the upcoming week: Recommended buy and sell levels are as follows: For a buy, I'll consider entering at 2754, expecting the following: - 2760 to 2762 as resistance - 2771 - 2778 to 2780 as key resistance - 2789 If 2789 is breached (though highly unlikely), the next levels would be: - 2806 - 2816 - 2820 On the sell side, I'll look to enter at...
Gold swing trade for the coming week Expecting Gold to retrace to previous support at 2736 and continue to 2760. Method Parallel channels from previous areas and Fibonacci retracements . We have had previous high levels of support at 2735.7 expecting this to hold again. Entry criteria Wait for levels break and retest is the safest entry Expecting 240 to...
This trade is based on previous level of support. Entry 1.07767 which is weekly support Expecting to run 130 pips to previous resistance Wait for levels to come to you I am only using a 40 pip stop loss on this
USDJPY buy idea for the coming week Expecting a retrace until fib level 0.236 which was a previous level of support. Target is previous 4 hour high for 105 to 107 pips. Wait for the break and retest is the safest way to enter this trade.
Gold key levels for the coming week. 1 hour chart Ill look for a buy at 2724 , Gold has been in a major uptrend with no sign of retracement. Gold can have a 100 to 150 pip retracement but can still return bullish. Always remember the trend is your friend best strategy is to buy at retracement. For sells ill look to enter at 2716 expecting 2707, 2700, 2698...
Gold swing sell this week , level taken from Fibonacci level 1.618 which is 2733.4 expecting a drop to 2692. Gold is extremely bullish and expecting to stay that way for the coming week technically we can expect some pull backs but saying that fundamental news will have a big impact too. Trade safe this week
Looking to enter at 1.7880 expecting 100 to 150 pips . Usual entry wait for break and retest
Gold key levels for the coming week. Gold last week we seen the lows of 2605 and closed with gains at 2657, here are the levels ill be looking at for the coming week. On the buy side I will look at entering a buy at 2664 , 2666 is first resistance if broke I would expect to see 2671 to 2675 as next resistance and upwards from there. On the sell side I will look...
Gold swing trade this week , initially looking to sell down to reach 2634 but this is only a scalp the real trade is to buy at 2364 with a take profit at 2677 for a total profit of 439 pips. Trade is based off 2 things , previous rejection at key levels and Fibonacci levels . As always with these type of trade go small, expect drawdown and you can reuse these...