As I mentioned Yesterday, small buy was a success. Now lets observe next week Trend on GOLD
Small analysis on Gold, lets see how the market react the following days
Prices are currently testing MA-50, however they did test the 50-MA, previously and we had a bearish engulfing few hours ago. Additionnally, Prices break below the kiju-sen as well. The cloud is turning Red, All of these are signaling we might entering in a small bearish Trend.
Gold we are goinnnng up as I predicted, it will be a huge big run
As i predicted few hours ago, if Prices break the level i highlight in my graph, we will go up and guess what. we did!!!! Ichimoku is an extra-ordinary indicator.
level at 1806.12 is a decisive level, if prices close above this level => gold will run to reach out 1812.65 and 1817.65. Here we can just wait and see
I believe we are entering in small bullish trend in 1h, prices are likely to go test the level 161.62. But the cloud is still bearish, so we need to be careful. I see the same scenario happening on USDJPY as well.
moment the price action is not going anywhere you can go up or it can go down so we need to be careful about that so we need to observe the market and wait for the confirmation if the price break above the Baseline which is my blue line so we will enter in a bullish Market but if the price is not breaking up the Baseline and go down so that we will keep going...
I believe we are entering in a bullish trend again because the level who stop prices to go up weas broken today on daily, prices might retrace a bit but in the end i believe it will explode again i have three take profits on my graph
sell signal on Gold Price breaks the level 1794 and close below this level Price might retrace a bit but I suspect , price will drop to reach tp1, tp2 and tp3 lets see :)
GBPJPY is entering in down trend. Candle break below the level I mentioned on the graph, we were in uptrend for weeks now. Let see how it plays, if nothing changes or any majors new affects the markets, things are likely to go down as mentioned in the graph. Simple Analysis. THis is Daily Analysis, so it might take few days for all scenario to come up!!!!
Sentiment Analysis on US30 It appears that US30 is entering in a bear market for the followings weeks and months. The level 33754, which was acting as support was broken yesterday. If nothing change , we are entering in a bear market, prices like to reach the different tp that i put in my graphs. Let see what will happens. Support, comment and follow me for...
candles are below the Kiju Sun Kiju-sen act as a resistance at the moment if Candles/prices break the kiju Sun and close above this level => Gold will enter in a bullish Trend then it happens :)
Buy signal valid, because all parameters are set up for the bull run on Gold
Here Gold is in a bullish Trend, but we have a kiju-Sun, which blocks the price to go up. So Here we need to be careful, we will only enter in buy trade if and only if the Prices break above the kiju sun ( acting as resistance level 1784.64 $) and close above it. If not closing above, all Buy trade should be ignore. Best Course action is to monitor it and wait...
prices are likely to go up in the 15 min time frame, target price = 1647.18 , but need to be careful because we are still in a downtrend => When the London market will open => they might either accelerate the move
two types of scenario sell will be valid if price break below the middle line buy will be valid if they fail to break the support they are testing now. How to enter, wait for the price to break below or not before entering, remember its a 1h timefrime=> so it will take time to have an effect