Pending position as we have now broken structure and the bias is bearish. Will only be looking for sell entries. Possible retrace off the 78 fib and fvg in this area. Safe trading
hello guys i would want to see a break above 1998 to confirm will be in a bullish trend. Expecting retracement towards downside as we are still in a bearish trend. Price could be grabbing liquidity.
hello traders today price looks to be ranging/consolidating which is a risky time to be trading. gold most likely will do not much is London session and seem to move possibly in New York session. The daily bias is bearish in theory on the higher time frames. Waiting for price to push up and break possible previous session highs will be waiting for rejections in...
Waiting patiently for the best setup. No news being released today on the dollar so could be expecting less volume than usual to drive price up. waiting price to get into this gap and will enter at a smaller risk can enter another position once price respects lows and gets back in the zone above. will be managing risk as usual partials and stops to breakeven...
Price has pushed up and has ranged in this tight zone. Price could range for sometime but the breakout will be hard. Will be managing risk on m15 if it breaks its lows cutting 50% and if we close below the stoploss or break m30 lows potentially exit on the trade. risk management is the most important concept of trading so trade safe and trade with volume.
Price has pushed up to a supply zone and rejected Stops above the last high zones anticipating price to close back in the range below were the BOS had happned and potentially retrace to support levels (key zones)
Gold has been in a uptrend but the bearish flag could be hard. I have marked key levels of interest . These are where markets tend to react. At the moment in prelondon we are possibly pushing up to the Supply zone looks more ideal to look for a bearish pattern
For education purpose only. I only trade gold mainly on london session only and sometimes GJ. todays london we had a range from 2027-2033 waited for price to break support at 2029 were i took 20pips and moved to break even risk free trade were i got tapped out price has pushed lower caught 20pips on downtrend. waiting for price to retrace to these levels...
Potential trade for monday GBPJPY anaylsis education purpose only
market seems to have shifted direction. candle has respected the support and previous low and broken the previous high anticipating filling the range and continous bullish. Looking at fundamentals, news today is ADP with it being predicted to be bad which could be bullish for gold
Waiting for clear direction to show and volume to kick in with london session
Gold is my favourite pair. waiting for break of structure to see clear direction in the market
Todays analysis on gold. Based on chart patterns and break of structure gold has filled the range on weekly and small time frames. looking for retracement as price moved quickly over the previous week. if price can above targeted area we can see clear candles on our left hand side
Current anaylsis on GJ waiting for setups to play.
GBPJPY Techical Anaylsis. Possible sells to come Will wait for sessions to open with volumes possibly the asian or London. Currently there is a no trading zone as we are ranging. waiting for confirmation either a break of formation or a retracement and candles pullback with bull power. Alerts have been made also waiting for asian session and CPI news tommorow...
huge moves already happened with GJ with sells on london sesssion and buys in the NY open. waiting for candles to reach zones so we have clear confirmation
USD news FOMC is predicted to be good which could drive the dollar up causing gold to go down. Waiting for confirmation of break down on sells we are expecting price to go down. Manage risk safely. please follow , like and comment your thoughts as it be much appreciated
yesterday was excellent price hit two take profits with a winner left. rice does seem retraceing looking for confirmation as promised daily gj trades on asian marter with 2% risk 2trades max like a comment and follow