Hi Traders , Hope you had a good start to the week, As per my Sundays analysis I did enter a buy position early hours of Monday at 1846 . I sold at 1862.Gold price did then push further up after a brief pull back and created a higher high at 1869. So, moving forward what do we see? 4 hour still looks bullish and overall there is a uptrend 1hr is continuing to...
Hi Traders, Hope you are all keepin your account Blue, Im publishing my Gold TA in the daily TF as I have moved from analysing smaller moves , fortunately I have moved to swing trading and therefore I find this TF best suited. So, what can we see on the charts for Gold. Gold has driven out of the decendcing channel I have marked the area is feel gold is to head...
Hi Traders This is some quick TA Iv done on the TV Mobile app as Iv been following PA and fundamentals , I’ll post a put TA shortly
Hi Traders, Hope you have been staying in profits, Iv just outlined where I feel gold could be headed this week. Price has reached a previous Daily Liquidity Zone, and on the 4 hour TF we could see a double bottom formation. If prices reverses from the current support then It will push up to next High Volume area whilst obeying the double bottom prophecy. Rsi is...
Hi Traders , We had a breakout of the squeeze/ Bullflag lastweek with a pullback and then not much action towards the end of the week. This week I think Price is likely to go looking for the psychological area of 2000. We have a strong uptrend , price remains above 50 day EMA on all higer TFS and RSI is above the 50 Mark. Iv also marked a double bottom and break...
If being profitble comes from being right then who wants to be wrong? after all being wrong hurts The Ego right?. Often when traders find their positions running in drawdown the ego fails to admit to having got the setup wrong. What becomes apparent on the chart The Ego refuses to admit and there on ensues a battle between the market and The traders Ego. The...
Hi traders , my interpretation on Bitcoin PA is outlined. As you can see BTC dropped took some liquidity and I think well see BTC push up to the prices I have placed on the chart. RSI has also been in oversold for an extented period. Goodluck ,
Hi Traders, Potential short position, price is likely to trickle down to previous accumulation zone aka Order Block.
Hi traders a quick look at one of fav crypto currency. Wev seen a nice rally since march giving ADA a good 60% price increase. Daily looking perfecly bullish - next price outlined, Buy and Hold
Hello Traders, If you look at the Daily TF you will see price has been consolidating , if you move to a lower TF you will see a trend which is currently very clearly bearish. Breakout from the parrallel channel downwards will take price below previous support and we will see 1865-1860. I have also placed a second scenario on the chart for a bullish breakout....
Hello Traders , late with my TA as I have been busy , I hope your all beating the Markets and staying in profit. In my previous idea I spoke about selling pressure as a possible result of peace talks. Gold has been declining in price and we have seen alot of increased selling presure. There is a "squeeze" "Bull Flag" formation on all time frames if there is a...
Hi Traders I really hope some of you took my advise on my previous TA as I would say they were pretty much bang on. I will keep the charts simple from now on. As I mentioned last Sunday that Daily TF is showing time for price correction. 1 Hour TF is used to identitfy trends for intraday trading and you can see a clear downtrend. If there is a break out of this...
Gold price could likely ping pong between these highs and lows for the coming week. Fundamentally due to the uncertainty of the crisis in the news we are still seeing bullish action. Overall uptrend with Daily TF showing imbalance so expecting corections at this stage. I might take a Gold trade this Goodluck traders , have a profitable week!
when I zoom out I clearly see 29k , however zooming in says possibly 45k lets see.
Iv not traded XAUUSD pair much this year as i have turned my attention to cryptocurrencies and defi projects. iv been inboxed for my thoughts on GOLD . I did give my opinion a few times in the gold chat on GOLD prise during the first half of the Year. And i advised that Gold would trade in higher prices. It seems people still chose GOLD as there preferred store...
Price is currently respecting this small creeping uptrend which is identified on 1hr tf . We may see price fall back to 1780 and then a new high being hit personally I feel 1825-1835 are very likely due to 1800 barrier being broken on Friday . I could be wrong if price breaks out of this channel then we could see 1720 again . Let’s see what happens Good...
Price has traveled to a major supply zone and we know what happens next . I will wait for a mother candle confirmation on lower time frames and enter a short position as specified on the chart !