nantha82

nantha82

My own trade plan: Good day traders. From the chart, with reference to DXY and US news, i feel it is still too early to for xauusd to change direction. Before place my bet on long, i will wait for range 1570-1600 and confirm the reversal. Beware of the trap.

nantha82

Good day traders. My own trade plan: Price behaving according to the descending daily trendline. I can see lower highs have formed following the descending line. Why don't sell now? As retail traders are busy with the 1850 level and some have placed their trades, I WILL SHORT at 1842.65 and let my TP and SL speak for me this week. Beware of FOMC this week. Thank you

nantha82

Good day traders. Below is my own trade idea: I am BEARISH after based on the following points: 1. A shooting star / Bearish pin bar parallel with descending daily trendline. 2. Multiple Lower highs since August 2020, parallel with the pandemic. 3. Price rejected parallel weekly descending channel. 1828/1830 only works as a strong resistance for this pair but...

nantha82

Good day Traders. I believe every one of us waiting to short this metal. Me too. My long position has come to the end based on my analysis. Shooting star has formed with touching the Daily trendline. Pin bar formed during bullish trend shows market are turning over. I will place my short now with 15 points as SL. Good luck

nantha82 Updated 

Good day traders. After big news today, which is not so good forecast for USD, Gold has jumped today, yet for me still a long way to go. My current open Long trades are still active and target to close at the 1830 range.

nantha82 Updated 

Good day traders. My own trade plan: As per my previous analysis, price is being push down strongly. Those who missed to Short, can pay attenting at 3 main lines as per chart. My Short position still open at least to area 1786. Good luck.

nantha82 Updated 

Good day traders. My own trade idea: My past analysis and together with today's, XAUUSD may go further down and re-test 1761 support line which has double bottom. - !761 has act as a strong support and bouncing point for reversal. - I will keep my short position open at the moment and beware of fake breakout. - Retail traders net long are higher than those...

nantha82

My own trade plan: Good day traders. - As my SELL postion still open, i am loking for Long after the pullback. i will close my Short positions when pullback happen. - I have drawn 3 area which i think very strong support to bounce back. 3 lines to minitor as dip to buy. - This analysis based on DAILY timeframe which i believes will takes time for...

nantha82

My own trade plan: Good day traders. I hope everyone begins the new year with decent profits with own analysis. - As ,my previous analysis, SELL at range 1830-1832.And my prediciton was right and now my trades are still open with decent profit. My next question to me is, where to TP and buy again? - I still believes, price will be pushed down further at least...

nantha82

Happy new year traders. As my previous post, price has hit 1830 range. I believe majority will short from this area and dreaming to ride a rocket to the south. I wont repeat my past mistakes anymore. I WILL WAIT FOR SOLID PULLBACK CONFIRMATION before short this pair. Market makers will play their part. My own trade plan: We may get fooled with classic fake...

nantha82

My won trade plan: Good day and happy new year traders. My previous analysis is still active which is, price will move up to 1830 range. This 1830 range is strong resistance since July 2021.Market '"mostly" made a deep pullback from this area. My plan would be, pending SELL LIMIT/SHORT/SELL at 1831 region. My stop lost about 10-15 points from 1830. This...

nantha82

My own trade plan: Good day traders. It's year, merry christmas and happy new year to all. For me, price may going up to 1830 range ( the dot line ) as this is a strong resistance since July 2021. I will avoid place any trades at the moment.Fake breakout may be there before price pull back to down or break the 1830 the strong resistance. When small traders...

nantha82 Updated 

My own trade plan: Good day traders.My previous analysis hit the stop lost. Sorry about that. As per the chart on 4HR timeframe, price is closing respecting with decending trendline. Sell signal would be valid when double top has formed and price closed below 1806. My stop lost would be around 1818 area and TP 1787 before next decision. All the best & Merry...

nantha82

Good day traders. My own trade plan : As per my analysis 4 days ago, price is moving down as expected and will continue further. Yesterday, Support #1 has broken and price move up back . Today the BIG RED Trendline about to break and this will justify my idea to maintain my current short trades at least to TP #2. I have placed my sell after the shooting start...

nantha82

My own trade plan: Good day traders. As per my analysis, 1788 trendline has broken, which is my TP 1. Now i will wait for a pullback to near 1788 price before sell again and next TP would be 1770. And beware of fake breakout of the support. Only place trade with confirmation of trend. Good luck.

nantha82

My own trade plan: Good day traders. As per my analysis, 1788 trendline has broken, which is my TP 1. Now i will wait for a pullback to near 1788 price before sell again and next TP would be 1770. And beware of fake breakout of the support. Only place trade with confirmation of trend. Good luck.

nantha82 Updated 

My own trade Plan: Good day traders. For me, 1792 could be broken again. As last 3 breaks happened during downtrend market. If 1792 trendline break, my next target would be 1788. All the best.

nantha82

Good day traders. My own trade plan: A shooting star candle has formed on DAILY timeframe. Sellers are back and may riding happily on bear. My initial TP would be 1794. All the best