1775 current poi Im a established gold bull and I see a strong start to Q3 for the precious metal Trade is invalid below 1770 which is a -50/60 pip SL depending on entry price 1:1 / 1:3 / 1:5 profit targets scale them out according to your plan make sure you book some profit at last weeks highs and 1800 mpp
3175 main pivot point of interest for me - ENTRY 3175/6 SL/Invalidation -50 pips (3170) Targets - 3180 (1:1 risk:reward) - 3190 (1:3) - 3200 - (1:5)
Bearish below 3120 into 3110/3000 Bullish Above 3130 into 3140/3150 Quarter theory + Market structure
Could bore you with technical/fundamental analysis but going into end of week its really just all eyes on 1.80 as spoken about
cmp 133.77 invalid above 134.00 (25 pip SL) Intraday targets @ 1:1 & 1:2 RR (133.50/25) flat above 134 until London tonight.. breakdown of 133 + weakness in indices could lead to more downside (3100 on SPX500 will be key)
structure is clear $40 clear pivot point bullish above
No bias currently... below 1.80 price level would be bearish and id look London session for a sell entry but above 1.80 I could flip bullish if we get some weakness in equities and aud.. all eyes on 1.80 MQP current market price: 1.7950 (7:30 PM Tuesday Asian Session)
Invalid below 39 If this is the bullrun to break 40 it could be healthy... Tuesday NY session price broke above 39.5 pivot and market structure shifted bullish this combined with bullish fundamentals I think a retest of $40 is coming and possible break... 50+ potential into 40 from 39.5 here at noon EST 1:1 RR and then break of $40 could bring more upside
121 level is key possible shift to DT structure (golden retrace rejection of the recent smaller bos + leg down) fundamental asymmetrical risk Invalid above 121.35 Scale Profits @ 25 / 50 / 100 + pips 120 would be an ideal 100ish pip target if we can get it This would have to correlate with a weakness in equites (indices) and ideally spx500 is below 3050 to...
technical structure marked + end of week/month/quarter trade risk w/ China + corona risk + Senate bill to punish China for HK dealings key levels: 3050 / *3075-80* / 3100 Invalid above 3130 Profit Taking 3025/3010/3000 Trade Safe Blessings
I trade primarily S&P just now getting into NAS to use as a hedge Do we think June will close above or below 10K? Would love to hear thoughts / opinions / reasoning Blessings
will be looking for directional bias later in the week right now is the pivot Tomorrow 6/25 London will play < 1.2450 shorts or > 1.2550 longs This is if I don't see signs of midweek reversal algo
$40 key level structural and psychological pivot point Will look to get long if price holds above 40 bucks going into 4 am London session through 10 am ny session on Tuesday 6/23 Below 39.75 can target $39.... break of which could warrant more downside
Invalid below 1750 Take Partial Profits every 50-100 pips
74.00 handle new ceiling trend shifted to downside candlestick volume shifted to downside Invalid above 74.50 Targets 73.50 / 73.00 / breakdown of 73 could lead to more downside
Fundamentally bullish gold... its paid to be I follow trends and the trend is up as of now Price is trading above my 1725 MQP going into pre London open this Thursday morning (night) SL is 1715, I don't usually use SLs with over 100 pips but the upside potential on this is great it and both 1725 and 1720 could offer strong support (buy pressure) if they get...
Invalid above 3055.99 Targets Marked