If you have been following on the Instagram channel, you shorted quickly when we saw that huge daily wick. I personally entered @ 1262. We are making a lot of pips right now. As for this chart, we are looking for either a bounce off the bottom of the channel or a real hard break to the downside. PA is key here, we will watch this carefully. Don't forget to...
Well, we made that far, and on my radar, I am waiting for last push ( what I need ) to 1307. I will not enter buys anymore here, I have: 1229 Stop moved to 1270 1233 Stop moved to 1270 1263 Stop moved to 1270 1279 Stop moved to BE That are waiting to be finally closed at 1307. I will not enter anymore at this point because there is no clear level where one would...
XAUUSD strongly conquer by the bull. It temporary doing pull back. Will it continue to fly again? Bias on Long . Stay tune!
Can you Trust the Line? On original Chart, you can see one version. Let's see other Version. Everyone will have his own opinion and reasons why it has to be drawn different. And everyone will have his own opinion whether the magic line is broken or not. What I am looking at is 2 targets. We completed first one, almost about to complete 2nd one, and hopefully...
Holding May 4, 1229, May 5, 1233, and Yesterday opened at 1263 - positions. Pivot for Tuesday and Wednesday ( today ) is 1260 and Gold could not break it to get to 1255. I am still expecting it, but it may not come. If so then small retrace is done and gold can continue to reach the target. Two rejections, no clear break... But still, if goes for 3rd attack can...
The Pair broke out of the channel and consolidated well back to the previous trend line. Will be looking for sell signals in order to take the trade. Amazing potential to the downside. Trade carefully.
Open positions May 4 - 1229.x x May 5 - 1233.x x May 26 - 1254.x x Friday close price gave somewhat mixed signals, but there are some levels that are asking me to buy Gold on Monday on opening at market price. Furthermore Friday Close adds one more target 1283.xx For 3 running positions Stops are at BE. Gold price is almost at 1275.x x target shown in...
Open Positions: May 4 1229.xx May 5 1233.xx May 24 Gold intraday level show it could climb up to 1259.xx after breaking 1251.9, which was reached, but drop to 1244.xx was anticipated as well. Gold drop to 1247.xx and close 3rd position from 1248.xx opened May 19 at break even. I said I would try to buy back 3rd position at 1244.xx but didn't happen. After...
Total 3 buy positions at the moment. 2 trades, One at 1229 ( May 4 ) and Second at 1233 ( May 5 ) May 20, 3rd entry at 1248 for shorter term target 1262 and 1269 ( they were intraday, but not reached, but remain to be seen ) All trades target 1307. SL's moved to BE Only two scenarios Either hit target either BE. GL
XAU/USD is currently in a very bullish trend and it can extend it's gains by 200 pips. Make your own analysis before investing, and invest whenever you got your confirmation as well as money manage properly. Happy trading!
Possible Friday intraday trade with 2 targets. GL Mid Term still remain 1307, if you have any buys for that target at lower levels move SL to BE.
... starting to see risk enter back into markets here via DJT with only Japan halting the possibility of a clean sweep. BUY GOLD ABOVE 1230.x WITH SL 1205.x -> TP1 1288.x -> TP2 1330.x -> TP3 1423.x Updates over past week -> Earnings season is finally over (phew). -> Significant flattening in China . there is a strange dynamic that happens when the...
The Previous analysis of our XAUUSD . We Clearly took deep profit on our analysis. Bull conquered and remain uptrend while Bear still asleep. Will it Remain Uptrend for this week? We are looking to be buyers of Gold with the pull back strategy to get long. Watch 1265.00 – 1258.00 support zone as a potential Long-area
Since my last post, my sentiment on Gold has completely changed. I was awaiting a clear break blow the bottom trendline you can see on this chart. We did not get this - so I did not enter short. We infact got a heavy rally up from the last touch of this trendline, creating new highs and making me think Gold is back in Bull Mode. From this area here (around the...
As I mention in my group last week, if gold could not break the support at price at 1242, It Could continue long with short term. Currently It break new higher price. Waiting for a pull back to get long with confirmation confluence.
Update for the previous Idea. First of all glad that Friday I closed my sells from 1258 at 1240 because had a feeling about bounce up to 1247. New month data came in and I notice an alternative view that we can have the first move up to 1262 as well that I pointed out in the previous chart. My first entry is at 1247 that means 15$ DrawDown which for me is...
Took a break from Short positions on Friday at 1240 with great profits. Re-shorting starting from 1247 if we get a pullback. Same target 1225.