ProWolfTrader_89

ProWolfTrader_89

Everything is mention on the graph,so you just have to read,if you want complete understanding of this chart,checkout Gold weekly analysis video. Look for sell entries above $2435 - $2460 Range,at rejection point enter a short. Gold is going to make a correction,wait for it.

ProWolfTrader_89 Updated 

We are entering at 159 on Tuesday Tokyo Session,Pair made retracement after mid New York Session yesterday opening a chance for yet another sell entryy,beware if our trade plan fail,we will try to enter again,as Nikkie has pledge more than 15% in last 2 week yet 6 % alone on last friday after NFP. We will use ever retracement opportunity to open a sell position.

ProWolfTrader_89 Updated 

As i mentioned earlier that recession has hit and we are only going to look for sell entries.Matrix is going to hedge gold.Last friday 2 trillion dollars were wiped from the market and gold down 70$ post NFT.Market sentiment has swifted,war news can push gold little bit but overall sentiment is bearish now,as market is looking for new bottom. Gold needs to stay...

ProWolfTrader_89

Market Sentiments have changed from Bullish to Bearish on the larger timeframe,soon all fundamentals which are bullish atm will change as soon as market makes a break below 2300 but you dont have to wait for that,follow the weekly analysis in order not to miss any opportunity provided by the market. Now we will focus on the sell entries as market makes LH...

ProWolfTrader_89 Updated 

In Asian Session Gold has created the High for the day and we took our sell entry at $2372 and now gold will continue its downtrend.On 4H candle we can see gold moving out of the golden zone,hence no retracement was made on higher timeframe thus indicating strong sell momentum.Keeping that in mind,for intraday trade we are going to look for sells entries in asian...

ProWolfTrader_89 Updated 

Since market has made a ATM its now grabbing liquidity since FOMO buying started at 2450.Now if market breaks this range as it happend previously on the left chart.Market is going to look for support near Fibo golden area.. Since buy contracts for the next month have increse,taking the market prospective..its a easy sell.

ProWolfTrader_89

We took 2nd trade during NY session,those who followed me here and else where,took TP 1 . Sell entry 2430 SL 2435 TP 1 2410 TP 2 2395 TP 3 2380

ProWolfTrader_89

After FOMO buying and long contracts added to gold its making a reversal. Sell 2462-65 TP 2425 SL 2470

ProWolfTrader_89 Updated 

we are stuck in range 60K to 54K until it breakouts its a heaven for scalping...so manage your Risk and reward and open sell.

ProWolfTrader_89 Updated 

Gold Sell $2415-10 SL $2428 TP 1 2380 TP 2 2368 TP 3 2330 TP 4 2300 For Detail analysis checkout my channel.

ProWolfTrader_89

On D1 timeframe resistance is holding and Price action can be observed indicating a early stage for entry with a confirmation of normal bearish divergence spotted on 1H timeframe,indicating a correction.Dxy is facing strong consolidating after 2 weeks of bearish cycle,thus leading into Weak USD.Will Dollar bounce back?After Powell speech? Cant wait to find that...

ProWolfTrader_89 Updated 

Its that time of the month again,buy and breakeven once in profit.TP 210 or monthly end..i'll let it run.Yen is weak and BOJ is going to do nothing.Just wait for a fall and buy n forget

ProWolfTrader_89 Updated 

This week during powell testify price did a retracement in the Fibo golden zone which was a distribution zone previously after which it contonue it upward momentum and on soft CPI print broke pass $2400 into $2425 and then it start to reject. Gold is now back in the 100$ range 2400 to 2300,we put our sell above 2400 and let it run till it reach 2330 and open...

ProWolfTrader_89

After Soft USD CPI Print the drop was essentially just news related now price is gonna head back up so buy the dip,BOJ will intervene after 2 weeks in the last days as their will be a meeting at the month end.

ProWolfTrader_89

After todays drop which is purely CPI related price will reach to 165 after which BOJ intervention will be initiated.

ProWolfTrader_89

BTC is in a downtrend currently in a sideway range best for scalping right now utilize it fully. If possible open 3x trades.1 for intraday,2nd for swing and 3rd for long term.If you have missed short position from 60K range for long term trade this might be the perfect area with proper R:R setup trade as follows Sell position 57500 TP 1 52K (Intraday) TP 2 42K...

ProWolfTrader_89

Recap of Last Week:(That will influence upcoming week) Last Week Gold slow uptrend follow by rally base rally and Friday NFP despite high Non-Farm Employment Change Acutal 206K then Forecast 191K which is higher than expected Gold should have dropped but with Unemployment Rate 4.1% ,there was a fast spike drop then pump followed by bullish trend on 4H timeframe...

ProWolfTrader_89 Updated 

In my last idea i mentioned that as long as we are in consolidation its a great scalping opportunity for buyers and sellers but keeping in mind that in the long run gold is going to break upwards towards the distribution.Today on wednesday it did on 4H timeframe and price is expected to make a retracement around 2335-50 and make its way up . If your holding your...