MARCO IS SET. POWELL IS READY. 50% RATE HIKE. SP500 is steadily rising. NO SIGN of recession thus far, putting Powell on the front foot with a strong hawkish sentiment . GOLD (XAU) is overbought and needs the pull-back which is being hinted at with the current topping pattern.. This is an EXCELLENT opportunity to counter trade positions going too early...
Way over bought and requires some time to pull back. (1) hour 50 EMA broken. Daily BEAR Confirmation candle posted. More a move into next week. The point at which the target sits is still a good point for the price to move higher on. Just the point a which a decent pull-back is situated. It won't be a clear pattern. Gold and technicals haven't been friends of...
LUCKY Leprechaun's and the FED RATE HIKE of ( 0 . 7 5 % ) - Should assist in getting us to the Golden Take Profit. 🍀 "Priced in you say" Certainly NOT. AS per all the previous rate hikes this year. Gold will move lower. Certainly it may recover to current levels. However, the move at least to recent standout lows is assured. ⬇️⬇️⬇️ MACRO's are setting the stage...
Will we get our TAKE PROFIT TREAT or is a terrible STOP LOSS TRICK what's in store??? Waiting for PA to re-test our standout low. Entry at slightly better value to the majority. Only going so far as the 0.382 retrace for the reversal, counter trend... Time to occur before the next RATE HIKE. - Which you certainly don't want to go long against. The...
Just like all the previous rate hikes and Jackson Hole. Gold will dive lower on the rate hike of (1 0 0 ) basis points. XMAS shopping is starting 🎅🏽 and inflation will only drive higher now unless we see some serious rate hiking. Manual entry into this one. I would like to see the usual spike higher we normally see before the move lower. 1450 ultimately where...
Time to get in before the rate hike. 20-21 September Good spot for deceleration. There is an ardent group of gold collectors that don't want lower levels of gold. 8.3% Monthly CPI rug pull - price to 1700 levels roughly. The price will build up prior to the next rate hike - Positive manipulation of the price. 🚨 REMEMBER TO JOURNAL ___ALL____ YOUR TRADE IDEAS 🚨
Against the 4 hour Two solid rejections on the 1 hour. Rate hike coming - CON 50 EMA - TEST and the leg lower. Entry slightly higher, stop just above the 1 hour Turn points. Remove to move lower and easier for a short to those clear lows. ---------------------------------------- Remember to JOURNAL all your trades.
Clearing zone with momentum higher. (UKRAINE/RUSSIA INFLUENCE) BATTLE OF COMMODITY PAIRS. Daily level - requires a move lower, however with the momentum we have seen that may not occur... No problem. 4 hour - Entry within zone. A better point for safety would be to clear the zone for the move higher. roughly the first chop zone. 1 Hour - Room to drop to pivot...
1) - PA to break LEVEL / PIVOT/ 50 EMA upwards. 2) - A pleasant move upwards before the FIB RETRACE Kicks in.(PULL BACK to Value) 3) STOP UNDER that FIB retrace below 50 EMA as well. Protected STOP - important - Rough Idea HIGH LIGHTED BY ARROWS. 4) - Target to next level above with a possible good push, Conservative 2% target if manual close earlier. TARGET...
TRADE 1 FOR 2022 Daily Below our 50 EMA - Solid candle with downwards movement. 4 HOUR - Room to get PA back to the S1 level before the entry is initiated, returning PA to value. 1 HOUR - Tucking our stop away behind structure to protect it from being tagged. Good point for the run downwards. Would confirm the 4 hour and the Daily TIMEFRAME MANAGEMENT -...
ARGUABLY - A Massive Continuation Pattern on display. I don't think CRYPTO is going anywhere. FED Tapering to disappear. More stimulus if anything is on the way. GOLD bugs can live in hope i guess. FIAT Currencies are used in far more illegal activities than any CRYPTO currency has been or will be. ADOPTION across the board by Younger Generations. Gold is...
DETAILS AS ON CHART. Good one to finish up the year on. ( If it works ) Strong indicator for the short move to target. Some MACD suggest a move to entry and VALUE before the switch in BIAS to a short. Daily has some strong confirmation of a move lower - So we may not get as great a pull back to the entry. I prefer to for get jumping in and wait until a...
Weekly reversal candle. PB required Daily room to move the nearest S/R LEVEL 4 HR testing 4hr 50 as Dynamic Resistance. 1hr room to move higher to entry and the offer Better Valur. 5min timing Probably Phase line break Looks good
4 hr 50 EMA sitting below target. 1 hr - Rolling over slightly. Ordinarily I would like a Move to 50 EMA before going lower. Level for Entry requires better Value be offered to us before committing to the Entry. Smaller trade But certainly Doable within 24 hour window. Stop above S1 - Safe. Clean UP the ocean - YT - #TeamSeas ---- Go have a 👀. Kind regards
Weekly chart reversal looks good. Daily Chart DDP - Daily Direction Prediction - Looks good confirm the move lower. 4hr chart - This is where the PA will be bumpy as 4hr PA is sitting on S1. 1hr chart - Ideal ENTRY would have been the 1hr 50 EMA test previously ( orange arrow ). I would need a decent PB to an ENTRY of Value and for the entry to correspond with...
REASONS OUTLINED ON CHART. Scale in No#1. slight gapping lower to start. entry set at value. re-test of zone. Price to slow decent into the 1760 level. 1760 gives Bull Force best chance at breaking the all mighty 1830 level.
200 EMA offers a point to move PA to the entry. STRONG (R) LEVEL just above PA. Previous DOUBLE TOP rejecting level. Move from weekly level (ORANGE ) below now requires a Pull back Stop squeezed in slightly lower and entry set to a better point of value.
WAITING FOR A DECENT RETRACE TO THE DAILY 200. NICE SPIKE FROM A GREAT LOOKING HIGH TEST Looking for a pair of TWEEZERS Gravity fall to support ( ORANGE LINE ) Bear flag formation 2.5% approximately - perhaps a touch under if the entry is a bitch A U S T R A L I A --- Is winning the Olympics