waiting for nice deep swing... gold bias still in long... daily can still correct up to 2360's to 70's... but H4 looking to start dropping, for now NY is the key play...
buy bias as long the base line wont break on H4 TF... 2023-29 must hold... buy entry 29-30 SL 2023 TP 2045 ratio 1:3
bear bias below 2003 to 1987... above 2003 we can expect can push up to 2012-16 and good level short...
H4 completed the wycoff pattern, now waiting for pull back for cheaper price to sell...
after massive pull back of gold bears record breaking 5.6% in a day... the bias still on bull side long term, but looking on high TF bears might target the gap at 1740-45... each support/resistance zone has to trade according to price action...
we have tricky high risk zone, after breaking 2000 level... on this area has more chance of getting into deep draw down when wrong entry made...
Waiting for correction move buy extension entry 1212.20 sl 1200.00 (below 200MA) tp1 12228.04 tp2 1243.89 tp3 1283.05
fibo 61.8% above 200 MA entry 113.479 Sl 114.200 tp1 112.546 tp2 111.614 tp3 109.309
Expecting pullback H&S formation.. Wait till retest again higher @fibo50% area to sell/short entry..
Dollar strength is enormous and hit gold with fatal.. above 50% retrace 1120 might have possible clear signal for uptrend... if scenario get lower: 1- 1163.10 2- 1152.77 3- 1141.22 are my plan taking deep long position, its better to stay safe with your capital and go with the flow
important bounce from 50% fibo 45.60 and if 61.8% fibo 44.82 broken it's a game changer scenario for bear mode.. most likely to see this going up and drive dollar a bit slower there strength
Long set up @ 2.272 & 2.618 target entry 1 @18.500 entry 2 @18.222 SL @17.800 tp @19.516
After Breaking triangle channel, were looking for extension and exit.. very nice bounce from 1.618 as support and expecting to take another short position entry @1330.50 sl @1334.00 tp @1312.07
Bearish Butterfly Pattern Entry @0.71812 SL @0.72372 TP1 @0.70344 TP2 @0.69059
Scenario: Long/Buy @153.485 TP @154.667, then take Short/Sell position @154.667 ABCD Pattern Entry @154.667 SL @155.096 TP1 @153.016 TP2 @151.686 TP3 @150.879