TheZabisyu

GOLd /500oz swing / Small Sell?

TheZabisyu Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hello Guys and Girls.
This is the week I been waiting for, just because it will be one of the most profitable weeks in long time.
Wednesday We will be turning on High Frequency Robot before FOMC and I will be opening positions right before the EVENT.

Let's take a look at Monday.
In last Ideas I said wave 6 has turned in our Favour.

Wave 6 TP1 is 1305, meanwhile wave 5 50% level is 1303. Now they two come together to suggest possible turning point. And just in case there is Second one. But anyway wave 6 now is very strong in Bull favour!
prnt.sc/cjivyf


Although for Monday I am suggesting to go on Sell from 1311.
It is market heading point, it is MID point from Swing area.
But be ready for Gold to turn around at any time, and if you are Biased for Sell long time, you should re-think your investing.

There is one point that is CRITICAL and if Gold breaks it I will think before I enter Buy then.
prnt.sc/cjizch

But while New static cycle is not entered these are the targets Gold should see till the end of this year!
They become invalid if 1290 broken.
prnt.sc/cjizxm

I will be looking for sell from 1311.
But be cautious, when Gold Pops, you won't be able to react on that as it will be fast. ( Based on market behaviour and static cycles given to me )

Trade with Care.
And be ready for Wednesday, I will be going live on Periscope and Calling the Dirrection minutes before FOMC even happens, although This time it is more than sure it will be long against USD, but who knows what cann happen, that;s why to be sure we use HFTM.

TPP
Comment:
Don't Forget to leave bad comment, call names, be smart, unfollow, and Dislike this Idea. I am talking with Holly Grails here. We have a lot of them...
Comment:
Sell at 1311 has been entered.
TP 1303.
Comment:
For those who don't have to hedge, and are pain free, I suggest you to not take this sell. But wait for clear long signal.
But still it should go lower.. Decide yourself guys!
Comment:
HEDGE sell TP moved to 1305 from 1303..
No more longs waiting down there, I have enough Long positions.. just waiting to get in profit..
Before FOMC Gold can be tricky.. Expect spikes back and forth.. It has to kick out and stop out as many as it can, before the big move either up either down..
Comment:
Comment:
Price just hit the 2nd point from MHI and stoped there.
Now we could see Gold reaching Towards daily level, that works just like MHI.
The thing is, Current swirl is at the same place where wave 6 sell Pivot H is.. If this region is not broken upwards, no hope for daily bulls.
Let's see how this develops.. while not above Current Swirl, it is Bearish.
prnt.sc/cjmn0i
Comment:
LOL. Heading towards daily Reached while typing.
Let's see what happens now.
This point had to be reached as it is every day " Heading towards daily " the name says it... Let's see what happens now.
Test current swirl? Go downn?
Comment:
Okay, we may complete AFT section Buy signal.
1315.. Pivot H from Bear teritory..
1316 current swirl ( swing H on daily )..
Down from there?
Still no hope while 1316 not broken..
Still Holding Hedge sell open.
Comment:
Comment:
About to tag Buy TP, and current swirl level.
If your trading setup is suggesting Sell you can do that after this is tagged.
Either we break out to daily bull zone, either we go down again from now on.
Comment:
Buy TP and current swirl hit... Mr, GOLD... now you decide.. there is a bull zone above swirl, or bear zone under it.. Please lead us where you want to go!
Thank you!
Comment:
I entered one more hedge sell smaller risk here. I just don't believe it is that easy.. Taking a nap.
Take care guys.. see you later!
Comment:
Boring day... No big change in H L C what means the same levels remain for tomorow, while some minor changes.! Let's see.
Comment:
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