the market has been so exciting about the gold, in my opinion, we are still far away from break the historic high or even 3000 of gold, the real starter is between 1797 and 1765, I will watch for this range and I will buy gold from there. This is where the institutional orders truly reside.
Just want to mark down this important price as I am seeing a potential buying opportunity for Bitcoin. People would think, well, the big bear is coming for cryptocurrencies, in this context, it will make more sense to sell rather than buy. I will do the opposite thing when it's coming. I do see it's on its way. Let's wait and see 15418. Good luck folks.
As shown in the chart, we might witness a huge rally for gold as the inflation soaring. I personally think that any price below 1809 in this week would be a good buy for gold, bottom might show up on June 14th,15th. Target is 3000. As of risk management, it is completely up to you. Good Luck!
Just a quick mark for the entry Long at 0.1323 sl at 0.1225 target 0.24
Hi Folks, Gold has been consolidating since August,2020. This huge wedge is forming to an end and it's about time to choose a direction. We are very likely to witness a big downtrend in 2022. As you can see on the daily timeframe chart, 1822 might be a good price to enter a sell order, price will be falling to 1550 level. As for risk management, I won't give...
Bitcoin's been consolidating for a while after sell off, I think we are VERY closing to the end of consolidation and we might see a rally coming to 53327 before 2022. If that happens, we will be expecting a new high. Entry@ 46300 SL@45450, First target 53327, Second target: New high.
XAUUSD is showing a massive sell pressure at around 1823, it might triger a downtrend during the third quarter, since the price hasn't tested below 1680 yet. Lets prepare for the storm.
USDCAD just completed AB=CD at buying zone, hence I will long this pair till end of Dec. If Daily close below 1.274, I will cut my loss.
OIL IS SHOWING SIGN OF BEARISH, HENCE I AM GOING TO SELL OIL FROM 46.2-41. GOOD LUCK
US30 IS FINAILLY SHOWING BEARISH SIGN, AT THIS POINT, WE MIGHT SEE MORE SHORTS COMING TO THE MARKET. I AM GOING TO SHORT FROM 30200, AIMING 24430. GOOD LUCK !
Dollar will be getting strong from this point, long dollar from now on. Rally will be coming.
SILVER IS SHOWING BEARISH NOW, PREVIOUS SUPPORT HAS BEEN BROKEN, HENCE, I AM GOING TO SELL SILVER AT AROUND 24.88, STOP LOSS AT 24.9. FIRST TARGET 23.744 FINAL TARGET 23.059 GOOD LUCK TO MYSELF:)
GOLD IS FINALLY ABOUT TO FINISH CONSOLIDATION AND A NICE UPTREND IS EXPECTED BASED ON MY OWN ANALYSIS. HENCE MY PLAN IS BUY AT 1895 AND AIM TO 1948 NEXT WEEK, SL AT 1889, A 1:9 TRADE. THIS TREND IS GOING TO START FROM MONDAY, OCT,19TH,2020. WISH US ALL GOOD LUCK.
GOLD WAS SELLING OFF TODAY AS WE SAW DOLLAR IS GETTING VERY BULLISH. HOWEVER, I SEE IN A DIFFERENT WAY. LARGE INSITITUE IS MAKING RETAIL TRADER VERY PANIC SO THEY COULD BUY WHAT THEY NEED. JUST LIKE I SAW ON THE CHART. TOMORROW WE MAY SEE GOLD CONSOLIDATING BETWEEN 1931-1910, THIS IS WHERE THEY BUY THE STUFF FROM US. SO I AM GOING TO TAKE A POSITION AROUND...
Gold is consolidating brefore NFP release. I am currently holding a long basis of gold. Price was forecasted as shown in the chart, price may got resisted at around 1940 then it will test 1916, if price can bounce back, it will validate 1925 twice at least, then we might see a rally of September up to 2050 or even a new high. If hourly price close below 1916,...
GBPCAD failed to close below 1.685 on daily chart. Hourly ABCD had completed 1.wait for 1 hour candle close above 1.69, wait for 618 pull back and buy, aiming 1.697 2. If price move down to 1.685, follow bullish bat pattern and buy, aiming 1.697 Good Luck!
CHFJPY is trending down on 4H, 4H previous structure had just been broken. Hence, we tend to short the pair if it pulls back to 112.78, aiming 112 and 111.66. If 1H close above 112.78, abort the plan. Good Luck!
Sterling is consolidating inside key range around 1.2430, we could see a bullish bat in a smaller time frame with the demand zone formed during UK session, hence, we could try to long GBPUSD with very small risk, aiming 1.2419