Fundamental Importance: NFP and Unemployment Rate will play a key role today as in previous FOMC Press Conference the FED Powell told that he was not looking for March Rate Cut but this could be changed if the labor market became cool. Yesterday Labor Market data came negative and we all saw how Gold market reacted after that. So today's NFP and UR...
According to wave theory I am stick with my plan and my trade is active on buy side. Wave theory indicating me that price has completed its 4th wave in a triangle pattern. A triangle pattern is a formation of 3-3-3-3-3 (ABCDE)
I don't need much explanation on my GOLD analysis. My last three analysis were spot on. Buy GOLD at these level ... Level 1: 1965-1980 Level 2: 1931-1946 Remember after every impulse there is a correction phase. All you need to wait patiently to complete the correction and then boom .... See you later.
As far we can see Gold is in correction since last of December. Price is actually forming a triangle pattern, in fact it has done the formation. Break out of any side can happen because of this symmetrical triangle pattern. What we can expect .... 1. If price breaks upwards then we are going to see new all time high and starts of 5th wave which will be...
Hi traders, According to wave analysis I have described before in my educational post that Gold is in flat correction. A possible move to 2048-2055 is possible and then a fall towards 1980 zone and completes its flat correction ABC.
Dear traders, I have decided that I will share all of my trades that I will take base on 15 minutes chart. I will share everyday buy or sell signal here. I don't run any telegram group or any paid service. If I can make millions from here then I will do this along with you. Just keep trust in yourself that you can make it. Lets go.... A new journey with all of you.
What happens with Gold? So many questions are heading me that is why I am posting this. Gold is moving in a range, this trading is a scam, market makers are manipulating, liquidity sweep blah blah blah. If you have knowledge on Flat Correction then you will understand properly why this price movement is like this and it is an awesome wave to make profits. In...
Price is in form of correction phase ABC after completing 12345 This correction is in Zig-Zag Pattern, neither Flat or Triangle. Conditions of Zig-Zag Pattern: 1. "A" must have 12345 waves inside of it. 2. "B" must not retrace more than 61.80% 3. "C" should reach the Extension of 161.80% and even if it reach the 100% extension then we can find A=C So far...
As from my previous gold daily chart analysis, I mentioned a zigzag correction was going on and it is indeed still going. Currently price is in Impulse C which many of us considering downtrend of GOLD but it is not. Gold is still in uptrend and after this completion of zigzag pattern it is going to a new all time high. So what's next after today's big news...
People call me a novice analyst. But I like it. My previous two daily gold analysis was in spot on. Ain't bragging but I think something is going to be a blast in next move. Price is moving on impulse 1 and now a correction is necessary for making all time high. Correction may be started from today who knows but I am expecting the price should make ABC pattern...
If the triangle is broken, buy it. Both TP are set ...
Price is going gradually towards the unmitigated order block, a good sign for shorting. Entry Zone: 1940-1946 SL: 1955 TP: 1916/1900/1890
Hey guys, I hope you guys enjoyed your profit from my "Gold Short Opportunity" post. Now lets buy Gold in this zone for a shorter period Gold Buy: 1890-1895 SL: 1884 TP: 1900/1905/1915/1920 Use small lot size and take lesser risk as much as you can.
Gold has completed all its 5 waves in 30 minutes timeframe. Now it will form a correction pattern ABC towards any of these two zone 1st Zone: 1916-1919 2nd Zone: 1908-1910 Then a bullish move towards 1944-1947 zone.
What I can see from Wave Theory Next week I am expecting a bullish Gold. Entry: 1915-1918 SL: 1908 TP: 1930/1940/1950
Gold possible sell opportunity Entry: 1943-1948 SL: 1955 TP: 1925/1917
Currently price is forming a terminal wave (12345) from 1885 zone and the 5 would be minimum at 1928 zone but not more than 1934 zone which will also finish the primary wave 4th. Then a drop and primary 5th wave will start and the minimum fall of this wave would be 1873 zone. This wave analysis will be my last draft for this running downtrend.
A small pullback toward 1930 is possible from the current price level then a decline is necessity to start the 5th wave. The 3rd wave (Extension) is done. Minimum target for 5th wave is 1894 zone.