FxDollarZar

FxDollarZar

As you all can see Gold moved impulsively bearish since the week has started and now anticipating that its going to form a head and shoulders pattern on the bigger timeframes.... the plan is still valid, patiently waiting for a selling opportunity for now...

FxDollarZar

Ok so... GOLD has decided to move impulsively bearish today meaning we're now bearish as it created a new low ... so the plan is to wait for a correction in a form of a continuation pattern so that i can be able to participate in the next move .. I'm aiming around 1760 for a take profit or even lower towards the 1720 zone ...

FxDollarZar

Hi Fellow Traders , hope y'all having a blessed Sunday evening , this side is business as usual. i am looking forward to a great week ahead as last week ended in bad terms for me , but other than i have another great idea lined up for this upcoming week. Ok so on friday Gold gave me a go ahead signal that meant we are ready for a bullish move but i was wrong...

FxDollarZar

IF price does not react from the ascending channel support line and decides to break through .... i will be looking for that kind of price movement retesting 1830 zone

FxDollarZar

I took a long trade on gold yesterday and it went my way but eventually i got stopped out at breakeven ... so far Gold is still bullish until structure is broken. so my next move is to wait for price to return to the support trendline then give a buy signal if it reacts from it... What do you think?

FxDollarZar

On sunday , I prediced that we might expect a third touch on the support trendline , completing the bullish flag formation .... The plan has not changed , we are still bullish on Gold and looking to enter at the third touch of the support trendline... obviously with a candlestick confirmation.

FxDollarZar

Hi fellow Traders..hope y'all good ... So ... Gold right ?, it's promising.. we looking to have a bullish run this coming week ..if price rejects around 1850 which is where my trendline is I'll be going for a buy completing the bullish flag formation... If not then I'll be monitoring it for any possible setup that might occur...but for now we're buying...

FxDollarZar

So Gold decided to break through 1830 zone taking out all the sellers (including me ) It is now clear that we're on a buy bais for the next coming week. The plan is to wait for a bullish flag to form then We'll take it from there.. What's your take?

FxDollarZar

Hi traders... i'd like to share my analysis on Gold ...the Question we all might be asking ourselves is ...ARE WE READY TO SELL OR BUY.??? Well we all do not know the answer to that, but the answer will appear as the week goes by ... So with my little knowledge ,i am confident that Gold might sell but only if it strongly rejects the 1830 zone as we have a lot of...

FxDollarZar

Yesterday i predicted that the market might reverse from 1760 because of the strong support and a bullish flag "like" pattern .... Stay tuned for more ....

FxDollarZar

Okay I now see a different scenario on Gold . as Gold broke out the ascending channel last week , the market obviously looked bearish!... but the nature of the breakout is in a corrective manor . So i am not saying this is correct but if the market pushes down to 1767 and 1760 zone then rejects it ..i will be going for a buy toward 1830 zone .... "This is not a...

FxDollarZar

Seems like gold might be rejecting from that 1810 zone creating a tripple top formation ...if it breaks the highs then it's no longer a valid sell 🙌

FxDollarZar

Hi traders , with my little knowledge I'd like to share my point of view on Gold ... It's very simple, all I'm looking for is sells throughout the week unless we break structure making new highs ...but for now all i see is price broke out of the trendline and broke a higher low creating a new low... My entry trigger will be a bearish flag pattern or a double...

FxDollarZar

Hi traders ..with my little knowledge I'd like to share my idea on gold ... It's very simple all I'm looking forward to is sells ..as the market broke the trendline and a local support creating a new low .. I'll be waiting patiently for a bearish flag pattern ... Feel free to comment your output ,🙌