HI EVERYONE! SO THIS WEEK I MENTIONED PRICE WOULD RANGE BETWEEN 1301-1305 FOR THE SHORT. WE ARE NOW BREAKING ALL OF OUR STRONG DAILY SUPPORT ZONES AS YOU GUYS CAN SEE. ALL OF MY EMAS HAVE MERGED OVER PRICE. IAM NOW LOOKING FOR A POTENTIAL BUY COMING UP PRETTY SOON. AS WE MAY BE FACING OVER SOLD ZONES. I SEE THAT IF WE BREAK 1276.50 AND TURN IT INTO...
HI EVERYONE! SO ...WE FINALLY BROKE A STRONG RESISTANCE POINT @ 1292-1294. THESE RESISTANCE POINTS HAVE NOW TURNED INTO SUPPORT. THE 200 EMA ON 4 HOUR CHART HAS BELLIED UNDER PRICE. I SEE MORE UP MOVES TO THE NEXT LEVEL OF RESISTANCE AROUND 1301-1305. ONCE WE HIT THAT MARK OUR SUPPORT WILL BE TOUCHED AGAIN AT 1294. ILL BE BUYING XAUUSD UNTIL WE HIT 1301-1305...
SHORTING STRONG RESISTANCE 1292-1294 HI EVERYONE! TODAY I SEE THAT GOLD HAS CREATED A STRONG SUPPORT ZONE AROUND 1280-1282 ON MY 200 EMA. I BELIEVE ITLL CONTINUE TO RISE FOR A COUPLE MORE DAYS. FOR ME GOLD IS TOO RISKY TO BUY UP IN THESE HIGH PRICED ZONES. SO ILL BE WAITING TO SEE XAUUSD RISE TO MY STRONG RESISTANCE ZONE FOR ANOTHER SHORT. MOST OF THESE AREAS...
HI EVERYONE! LAST NIGHT WAS SPOT ON! WE HAD A HUGE DROP! IT SEEMS WE HAVE ALSO LANDED AT THE BOTTOM OF THE POOL. POSSIBLY SCRAPPING SUPPORT AROUND 1268.07 "ANOTHER DAILY I JUST RECONSIDERED. ILL BE BUYING FOR NFP. UNTIL WE HIT OUR RESISTANCE (IN RED) THANK YOU, -SKILFULKNOWLEDGE
STRONG DAILY RESISTANCE AT 1276.63. IF WE DONT BREAK THAT ZONE. ILL BE SHORTING FROM THERE DOWN TO MY HOT BUY ZONE WHICH IS ALSO MY DAILY SUPPORT. -SKILFULKNOWLEDGE
WE HAVE AN INVERSE HEAD AND SHOULDER PATTERN HERE. GOING LONG TO NICE DAILY *FIBBONACCI RESISTANCE.* ID TAKE PROFIT AROUND THE 1256 - 1261 AT THE 38.20 FIBBONACCI AREA.
Okay guys! we have hit our targets for gold from my previous post beyond what I had even anticipated. I added Fibbonacci Retracement on the daily chart and I can see we are almost near a greater support level, between 1258 and 1261 which LANDS PERFECT with our 38.20 Fibbonacci level. I believe price is going to this level to find support with the 200 EMA then...
If you guys want a piece of the cake, id wait to see if price comes up to the 50.00 percent level for the fake out. (YELLOW BAR) Check out the blue trend lines, they are dancing with our 15 min price action its like MAGIC. THANKS FOR LOOKING, HAPPY TRADING YALL. WATCH OUT FOR NFP.
1 HOUR CHART W/ DAILY ANALYSIS As you can see the Daily trend lines are matching perfectly! with the one hour time frame. If you want to set up the real trade lets cut down to the 15 min time frame and find OUR CRISP position for this movement.
If we close under the 50.00 Fibbonacci were going down to TP1 140.300 TP 2 138.275 TP 3 135.594 STRONG DAILY RESISTANCE. ALWAYS check your lower time frames, once you find resistance on higher time frames before making a trade, so you have the most CRISP position! lets see if Daily chart matches with lower time frames. -Thank you.
Earlier this week I recommended that gold has strong resistance at the 1296 and 1300 price levels. 1296 then drop as suggested. 1278 needs to hold for support in order to hold long positions. if we break that zone (1278) we may see more downside to 1258. Telegram: skilfulknowledge91
Strong DAILY resistance point around 1296 and 1300. ill be taking profit there and it will be time for a support zone drop TO 1278. MY 4HR trend lines also match up with my daily chart. as you can see the break out points into the higher highs. and where we could of sent down some nice shorts to ride the waves. For now enjoy the gold buy PiPs!
15min chart correlating with higher time frame analysis. Remember higher time frames first ! find the overall trends direction then send off your trades with the proper support and resistance zones! Message me @skilfulknowledge91 or on Instagram @skilfulknowledge Thanks for watching guys.
now you see the short position opportunity on this frame. time to send off a trade on your 15 min chart. lets go see!
Now you guys can see the bigger picture! If you notice how the trend is still going down. This gives us a clear view on finding a nice Short position. Don't ever! go in blind when your trading. Make sure you always find your higher time frame RESISTANCE zones before you send off a trade. In order To pull off a CRISP like trade you must drop down to the lower...
Alright guys Im gonna teach you some moves on how to set up your trend lines and where to find really nice Support/Resistance zones on this chart tonight. as you can see I'm gonna start with the Daily chart. So you guys can get some fundementals when you are trading on your own. Once I find a potential pattern like here a triangle on the daily I will then open it...
PERFECT EXECUTION ! 1278 Is turning into a nice support zone and the DXY is weak! as long as we hold 1278 we shall see 1333 soon! muaha >=}