X_trader_

X_trader_

Well, after seeing the first target of the last analysis, it seems that dollar continues to weakens against euro as gold is pumping (probably 3000 in a few months) with a great momentum, so I decided to update the chart and the targets, We've reached a new Resistance zone, which sounds pretty important but againt with the momentum that the market already has it...

X_trader_

Here we can see a price movement of eurusd since 2008, the highest ratio we've ever had in eurusd... As it is clear, we've had a down trade in a prallel channel since then, and in Jan 2007 we've had our lowest low, since then we've seen that the price couldn't create any lowers low, and one can say that trend is side or even upward... Now we can clearly see the...

X_trader_

here is my idea of the gold movement in few hours... feel free to check my previous analyzes...

X_trader_

Okay here we are, with new trading idea... here as you can all see, there's a nice resistance area which the price has reacted to it a few times, also at the top, we can see a triple top pattern with strong macd divergence, all the reasons give me a good reason to short the hell out of it.. Let's see how it goes

X_trader_

as an update to my previouse post on gold, the price didnt' come lower than 1727 and now we can clearly see the tendency to go up as we hite the 50 percent fibo retracement, so let's go long to the targets I've mentioned in the chart with low volume, increase the volume as you see the power

X_trader_

two possible entries, first one is the current price around 1730, but the best option will be at 1720, going long all the way to 1747 and then 1770, gold will be testing 1800 in this month, so you can hold to your buy positions for a while

X_trader_

Here's a short idea... We've seen a double top pattern in 1 hour TF at a strong resistant area, so here's the nice sell option, I've introduced 3 different TP for different strategies, and of course do money manaement

X_trader_

we are in a important prz zone wish strong support, 1 hour TF shows the reversal candle pattern, I've prepared an easy trading setup for you with nice r/r... if the uptrend was strong, you can add new tps and bring your sl up by trailing

X_trader_

I've two senarios for mid term movement of Gold price... which one do you think it'll happen?

X_trader_

I've two senarios for the mid term movement of Gold... which one do you think will happen?

X_trader_

continue of the last analysis in smaller TF Let's see how it'll work

X_trader_

Sorry for the late signal... I've taken a long position since yesterday important resistance and the target is clear on the chart... i'll post an analysis on smaller TF 1H in a second

X_trader_

In gold chart, TF 1h and 4h we can see a clear head and shoulder pattern, the neck line isn't broken yet and we've a trend line resistance... My advice is to go long in very low volume and add volume if the price passes the range 1712 to 1717 Let's see how it goes...

X_trader_ Updated 

30 min TF - A clear head and shoulders pattern, with a broken neck line, sounds a good position to go short