Gold to drop from asia into london and then buys into targets highlighted, NY possibly supporting London buys
Gold to ping pong up to upside target and then dump for remainder of day into labeled targets, projection is due to PA presented on chart and previous few days PA.
Breaking analysis down into sessions for increased accuracy. Too many soy boys wetting the bed when they don't see me update the trade ever 15 minutes Anyway gold is looking to run into high made during late NY session today, this will setup the following trade which will be a short opportunity.
Yesterday was an incredible trading session that showcased gold taking out both buyers and sellers from the market several time before making its final move to the downside and finally moving up for the close. For todays daily range I expect price to reach for 2017 and then drop for the bulk of the day. I will be updating throughout the day!
Update on previous trade idea, new insights found!!
Gold looking to continue to the downside. Above is the daily template I believe will take place. Bearish targets updated for the week as well. Boost and comment if you appreciate the analysis
change of plans, going long to 2002, previous idea was geat for asian buys but looks like a trap to me now, longs kept open till london
Gold spiked to the upside showing a ton of strength yesterday. Being that I was not in sync with Higher timeframes I was not able to take advantage of the opportunity. I regrouped and put together a template for today. Here is the price movements for the day as I see it. Comment your ideas and if you appreciate the post boost it.
Caught by surprise on this large upside move during Asian session, was not personally in sync with HTF. Found a high interest area where I believe price will use to anchor into shorts. I believe large amounts of traders are FOMOing to long positions and we will wipe out yesterday's lows as previously stated.
Looking at this new area for an entry, PA explained in previous post. Areas highlighted are areas of high interest where I look to load up or offload positions.
Gold had a down close yesterday, looking for a continuation to the downside for today. Lot of bearish sentiment in gold.
Here is projection for the day, lets go. I used the laws of Einstein and rounded some of the numbers. Keep in mind that Biden is doing some wild stuff in California, I wonder what happened to the homeless. Anyway that's the trade and the reasoning.
gold projection posted on chart, looking for price to expand beyond yesterday's lows as price target Boost if you find value #XAUUSD #GOLD
change of bias london roll over, drop, went long after closure in previous area, new short area here to wipe previous lows :)
Gold looks like it has some anger towards those who are calling for longs today.... Might want to take them out of the market tomorrow as revenge. Anyway, I expect gold to hold a grudge and continue to climb following that drop shown on the chart. Guide: Path = Price direction for the week
projection for Asian and London session, If you read all the recent CPI data and then compare it to all the other stuff that doesn't matter. Without taking into account the crisis in the middle east, this projection really lines up with those events. Keep imitating
Gold looking to push higher on open and then rush to take out floors throughout the day. Very excited to share this move with you. Reason behind this move is beyond technical analysis and can only be understood my telekinesis.
Gold had a down week, looking to cover some of the ground lost on friday towards the upside. Looking to take long positions on pivot points highlighted in blue. Daily Target is depicted with a blue flag. Daily direction is drawn with an arrow....