samstoobad

samstoobad

There are three main categories of time frames: 1. Higher time frames 2. Trading time frames 3. Lower time frames ### Higher Time Frames Analysis Higher time frames, such as weekly and daily charts, are used to identify the market trend and the overall picture. This analysis is crucial for making predictions and forecasting the market's future direction through...

samstoobad

After the analysis from the bottom of golds weekly channel let's take a look where we are. Technical and fundermentals all pointing to wards bullish and ANHs. With fundermental data correlating to a rate cut. Currently we are sitting under the weekly resistance. Only big news for gold next week is Monday. Powell speech. So what are we looking for. After not being...

samstoobad

Weekly closed with a red candle stick showing possible signs of bearish. This week is the last week for the month 1st half of the year and 2nd quarter. Bringing with it big news on Tuesday and friday gpd growth rate and pce. This news will give us a clear break out towards which direction gold will move. 4 hr time frame we can see a triangle pattern forming. We...

samstoobad

After last Fridays 1000pip drop created by cpi and China we can see gold has broken out of weekly support and retested. Friday we saw the break of resistance going back into the old daily consolidation zone. What dose this mean for next week? Firstly Monday candle is very important. Gold has broken 2324 and remained above. We need to see a push up wards and a...

samstoobad

My out look for next week. Gold still remains bullish even though we have been stuck in a range if tentions continue will be looking for break and retest of 23400 resistance back to the upside. Or if price falls below the pivot point 2378 could see sales down to 2358. A break of pivot point now would also see a break in 4 hr time frame trend and upwards channel....

samstoobad

Below, we explain why and how we entered the market. On the 30-minute timeframe, we identified an engulfing candle, marking it as a Point of Interest (POI). With a refined risk of just 1 pip, we patiently awaited price to retrace to this level, anticipating a high probability bounce to the upside.. We observed the price returning to our Point of Interest...

samstoobad

We are now in the premium price of gold and at all new highs. With no history levels to go off or much structure in there's new zones this is what we have to look for next week. Remember due to world events, oil tentions, high interest rates and more. GOLD is long term bullish. Ideally your looking for best buy opportunities. Gold is approaching the top of its...

samstoobad

What an amazing week it has been! We executed a flawless trade setup, capturing over 700 pips, driving gold to impressive highs of 2236. Looking ahead to next week, I anticipate further upward momentum towards 2042, marking the top of its current channel. Expectations are for price to fluctuate between 2042 and 2030 before a decisive breakout. Currently, there's a...

samstoobad

Remember this? Welcome to all new highs New break down pending congrats 👏

samstoobad

In our recent update, we successfully navigated back to gold's highs, marking our fifth consecutive successful trade setup. Yesterday, we witnessed a smooth swing from our 4-hour demand zone back to the $2200 mark, followed by another swing back to our demand area. The current 4-hour demand zone has established a robust uptrend, being respected three times,...

samstoobad

On Friday, we observed a descent to the 4-hour demand zone, concluding with a precise closure at 2156, followed by a bullish surge in the final four hours. This entry point aligns with our anticipation of reaching all-time highs, driven by the bullish flag pattern identified earlier. Beneath this demand zone lies a critical support level, tested four times,...

samstoobad

Let's take a moment to review this flawless execution AGAIN!!!. We identified the bullish flag pattern prior to reaching all-time highs, offering an ideal entry point. Yesterday's push following the Fed meeting was just what we needed. Currently, gold's all-time high stands at 2220. Today, we witnessed a retracement to the key support level we...

samstoobad

As mentioned earlier this week, gold entered a flag formation in anticipation of today's Fed news, poised for potential upward movement. Today, we observed a bullish surge from 2150 around 12:30, gaining 100 pips before stabilizing in anticipation of further updates. With the flag pattern broken and a strong bullish sentiment, a retracement back to 2176 followed...

samstoobad

On the 4-hour timeframe, Bitcoin appears to be within a distinct channel. This week, it experienced a decline, reaching the 65654 support level at the channel's bottom before rebounding. Currently, it has bounced off the 67562 support and is heading upwards. If it breaks above 69005, it could revisit all-time highs. Back on March 3rd, Bitcoin formed a flag...

samstoobad

Gold has entered a clear flag pattern and is about to test the base of the trend again also which is directly on the 2153 to 2150 support. This support still looks very strong. We should get a bounce from here to the upside. If price can break 2174 and stabize above it gold should see a new all time high. Take a look at the same pattern I pointed out on bitcoin...

samstoobad

Gold prices surged in the latest week's trading, driven by a weakening US dollar index and declining US bond yields. Analyzing the 4-hour timeframe reveals a flag pattern formation, reminiscent of one identified in Bitcoin on March 3rd prior to its all-time highs. Currently, gold is consolidating between 2174 and 2153, presenting an opportunity for a breakout in...

samstoobad

Gold prices are declining as traders anticipate the release of crucial US data. Notably, the price rebounded from a support level, forming a triangle pattern and exhibiting an inside bar formation on the daily timeframe. This suggests continued ranging behavior, potentially fueled by bullish momentum. I anticipate further sideways movement and will consider...

samstoobad

Currently we are ranging I will be looking for a break of 2165 and retest for a buy. Or break of 2153 and retest for sell.