dreadhead4_life

dreadhead4_life

Looks like we could head bullish and then find rejection to continue the bearish trend

dreadhead4_life

The current sentiment for Indices should be bearish with everything that has been going on but US30 has been trending bullish in the London and Pre-NY sessions, before continuing the bearish trend. Since price is currently in a downtrend I think the best idea is to wait for sell opportunities as long as price respects the level of resistance above. Tomorrow should...

dreadhead4_life

Gold is currently in a bullish trend and fundamentally it makes sense for price to continue this trend. I noticed that price has been doing pullbacks leading up to market open so I think and sell positions are sort lived and just a pullback before a continuation. Waiting for support to be formed on the 30 min TF or a wick rejection from the 50EMA on the 30m TF to...

dreadhead4_life

1. Price has been trending bearish and formed a low after breaking structure 2. Price could continue bullish to retest the 33600 to retest that structure before a continuation to the downtrend 3. If price rejects 33600 and closes below 33430, price can continue bearish to retest the lows and possibly create a lower low.

dreadhead4_life

During today's NY session, price managed to break from consolidation and continue the bullish trend. I believe that there is more bullish momentum due to the current market conditions and everything that is going on in the east. Gold is a save haven during times of uncertainty so fundamentally it makes sense for price to continue bullish. If price breaks below...

dreadhead4_life

US30 has been trending bullish to fill the gap and now that the gap is filled, we could retest support before bullish continuation

dreadhead4_life

The monthly candle for Gold closed bullish but it also closed back within a range. As you can see on the 1H TF price is currently ranging and can break either way. I will not look for a trade until price breaks and closes either above 1920 for buys or a break and close below 1882 for a sell opportunity. I know that price broke out and created a high. Price is also...

dreadhead4_life

1. Price is currently trending bullish 2.Price broke out and formed support in this range 3. If price respects the structure and previous low, it can continue bullish. If the lows are broken, price can retest the monthly level of support 4. High probability that price can fill the wick

dreadhead4_life

Gold gapped up to do the news over the weekend. There is a strong possibility for a continuation to retest the high that was created. Waiting for a break of 1916.30 1.Price formed a high 2.Price is currently trending bullish 3. A brake and close above here indicates a bullish continuation

dreadhead4_life

Due to the news over the weekend, US30 gapped down in price. I believe that this gap will be corrected but price will not make it easy. I think there will be some manipulation and ranges, but price will eventually fill the gap. Waiting for market open volume to come in and push the price bullish. Waiting for a 30m candle close to confirm an entry 1. Price has...

dreadhead4_life

Last week US30 tanked with the news regarding the Russia vs Ukraine situation. At the end of the week the market rejected 32250 and had a strong bullish retracement. Even though this was a strong rejection I am not in favors of the bulls just yet, because price is currently closing below the 200EMA which is a key indicator in identifying the trend. If price...

dreadhead4_life

As the Ukraine and Russia situation escalates, the volatility within the markets continue. Last week gold rallied and broke through multiple levels of resistance but was followed by a strong rejection and eventually a close below a key level of resistance. As always, what goes up must come down and that is exactly the case with gold. I don't think Gold will...

dreadhead4_life

Gold has found support in this range where the previous breakout happened. This could be a strong demand zone, but won't be confirmed until we break and close above resistance at 1917 1.Price trended bearish today to retrace yesterday nights' bullish run 2. Price has retested this major level of support and failed to close below 3. Price has rejected the 200EMA...

dreadhead4_life

After yesterday's news regarding the situation between Ukraine and Russia, Gold broke through the major levels of resistance with ease. Today the market retraced the entire move and has closed bearish right back into the range. If the lows on the current daily candle begins to break, there is a high probability for a bearish continuation. Be mindful of any...

dreadhead4_life

The sell idea from earlier got stopped out. There was news released regarding Ukraine and caused a bullish breakout. If price respects this level of support, it can continue to retest the highs from yesterday. Waiting for support to be formed to validate my trade idea.

dreadhead4_life

GBPJPY can continue bullish if the 4H candle can close bullish. This will indicate a possibility for bullish momentum especially with the NY Open volume. If price rejects and forms resistance then the bears can come into play

dreadhead4_life

Gold is looking to retest the lows that were created during the London session. waiting for a break of structure and volume to enter the markets for a continuation to the downside.

dreadhead4_life

Gold is currently in a range. Looks like price is having a difficult time breaking above or below the range, but this just means that price is preparing for a huge breakout. The longer the range, the bigger the breakout. Price might make a move during the London session or pre NY tomorrow. As always, wait for volume to enter the market before placing a trade. If...