GU has respected at the most of the HH , so i expected it will has pullback at 37500 level and respect to the its trendline
As it clear EU moving forward and respected to the uptrend trendline, so in my view it will make this pattern in the next days and hit the 24000. However, The second scenario exist: it will rejected from 23000 or 23500 level.
To my mind AU will retest at 75600 and bull pressure will continued...
EU follow the exact direction, excellent movement
Hi guys to my mind Gold make head and shoulder pattern and well as you know after this pattern down trend will continued, however this is my idea and there are wide variety of different analyzing
BTC simple analyze ...
Gold simple analyze... Guys i have a mistake on drawing HL , They are lower high (LH), my bad sorry :-D
We have support at 1.20870 that should be broken to price follow the drawing pattern. If it can not broken the support we will wait for an other pattern, even long :-D
Hi guys this is my opinion for GU next pattern. We have a nice rejection on daily time frame at 1.35 level and we are expected GU exhaustion continued and price will reached to 1.31 level. Any way the ideas are different and i hope that it was useful for you guys.
1850-1860 is strong resistance and i draw for you how many times gold has rejected from this level.
In previous analyze we open a trade after price broken the support and also we had 2 rejections at the resistance and price continuing down, but the second scenario i draw in my analyze , we expect if price come back to the resistance and broke it and push up and retest at support we will open a buy trade ... Finally the long position has nice move rather than the...
Hi guys, as it clear EU had strong push to the upside without any retest or pullback, so it is risky to look for buy at the market, i open one trade after price broken the support and back to the resistance, I'm now on breakeven and safe area, I hope that price broken this support however it maybe pushing up and try to broken the resistance, at that level i will...
I shared Gold analyze at the morning and draw a pattern that Gold will move at these direction, firstly it has to broken the range box , no different to upside or down side, secondly we enter after broken the range box and retest at that key level and then enter the market. I always use simple analyzes in my trading and avoid to make it complicated ...
Hi guys if you look at my GU analyze on last Friday you can see we identified key level and set a sell limit there, However the key point is that we focused for price movements finally market show us some signs at 15M time frame which tell us price has 5 rejections at that level, so we hold our sell and then you can see the result.
Gold has ranging many hours, as it clear if the price broken the Range Box the next trend will created , Notice that after broken the Range box you should not rush into the market and wait for retest and confirmation then enter the market. By the way it is my idea and i do not suggest anyone take trade...
If you look at our pervious analyzes for EU you can see we identify market structure and did not open any position because market has strong move to upside so we decided to open two positions and take our profit in two different levels. The best way to manage your trade is share the risk management in two part and save 50% of your profits.
If you look at my pervious analyze for AU you can see the market has moved the exactly as we have had expected. So we have to position at AU and close it one in 0.73300 and the other one wait for downtrend confirmation and of course we will care about pull back from 0.73300 to upside