GoldCartel

GoldCartel Mod Updated 

The last drop was from 1853 to 1780 (Chart attached below); it was a pretty good trade for the seller. If we draw a Fibonacci retracement from 1853 to 1780, the 50% Fib is currently at the 1816-1820 zone. The 50% Fib indicates that the Bearish momentum is not that strong. Also, I notice a potential bear flag pattern, a pretty lovely risk-reward ratio to try to...

GoldCartel Mod

Here's the analysis that I shared on November 10, 2021 ibb.co I remembered a few months ago, many "Trader / Investor" kept saying that Bitcoin would go up to 100k before the year ends. Even an Uber driver gave me some insight to keep buying the bitcoin when the price was at 65k; he predicted the price would go up to 100k by December 2021 because someone "expert"...

GoldCartel Mod

Technically, DXY is still in bullish momentum. As long as the price stays above the 38.20% Fibonacci retracement, I reckon DXY will give one more push to visit 97.7. However, a price breakout and close below the 38.20% Fibonacci retracement indicate that DXY will fall deeper to retest the 50% Fib. What we know so far, Powell signals rate hikes and balance sheet...

GoldCartel Mod

The gold price has been ranging in 1784-1832 level since December 2021. Based on the price action right now, there's a possibility that gold will fall to restest the bottom flag line at 1780-60 zone. What we know so far, Powell signals rate hikes and balance sheet runoff, but yields hold steady, CPI 0.5% and Core CPI 0.6%, U.S. jobless claims rise by 23,000 to...

GoldCartel Mod

Sometimes we need to make the chart as simple as possible to understand the market direction. I only use one minor trendline and one support line in this analysis. So far, the price has already breakout and closed below the "red" line, a pretty strong indication that the market potential will be falling deeper to retest the 1760s neckline. Tomorrow Fed Chair...

GoldCartel Mod Updated 

Currently, the price action shows a potential descending channel. The "bottom" price would be at 1730-1750 zones based on the technical analysis. This week we are all waiting for JOLTS, 10-y and 30-y Bond Auction, Unemployment, and CPI data. Here are all the charts that I posted since the beginning of this analysis Invalidation: If the price...

83:46

GoldCartel Mod

- Managing and maybe closing my AUD/USD trade - XAU/USD Discussion - Trading Q & A

59:51

GoldCartel Mod

The live stream will breakdown: the reason behind this trade (the analysis of the chart & fundamental/breaking news), trade management, and mental stamina to get a $125k profit to end the year. Last but not least, I will share my NFP watchlists.

80:47

GoldCartel Mod

This AUD/USD is my last trade of the year. This live-stream will breakdown: the reason behind this trade (the analysis of the chart & fundamental/breaking news) and mental stamina to get a $100k profit to end the year.

GoldCartel Mod

Currently, based on the price action, the price near or at the Ascending Broadening Wedge line, if the price stays below the upper wedge line, that's a pretty strong indication that gold needs to retrace or retest the broken major down trendline. Invalidation: This analysis fails if the price breakout and close above the upper ascending broadening wedge...

GoldCartel Mod

Currently, DXY is precisely at the trendline. There's no clear indication yet that it would reject the trendline or not. As long as it stays above the daily trendline, I reckon DXY will make a new high beyond 94 zones. Next week we are all waiting for the US data to understand better the next DXY direction. Catalyst: - ISM Manufacturing PMI - ADP Non-Farm...

GoldCartel Mod

The price currently retests the broken daily trendline, a strong indication that AUD potentially will fall deeper. If you missed the previous analysis, maybe now is the best time to catch another potential big trade. News: www.reuters.com Plan: - If the price stays below the broken trendline, I reckon AUD will fall to all the targets this month. To see the...

GoldCartel Mod

Currently, the price action showing a potential rising wedge on the H4 time-frame. Plan: - If the price rejects and stays below the upper rising wedge line, I reckon XAU will fall to the bottom rising wedge line. If the price can break and close below the bottom rising wedge line, XAU will definitely fall to all the targets this month. Invalidation: - This...

GoldCartel Mod

So far, XAU/USD falls back to below the August 2020 - January 2021 trendline Today XAU/USD finally broke the minor trendline Potentially an evening star pattern on the daily timeframe The gold market is potentially gonna be wild in the next few days. I'm concerned about US lockdown breaking news. Last year in March, Gold crashed $300 then rally $600. Maybe...

GoldCartel Mod Updated 

Technically the chart right now is at the neckline. If the price rejects this neckline, AUD may fall to the minor trendline, maybe deeper to 0.702. Sydney, Australia, on Saturday night, began a two-week lockdown amid a surge in cases of the COVID-19 Delta variant. Catalyst: - Sydney lockdown - US CB Consumer - ADP Non-Farm Employment Change - ISM Manufacturing...

GoldCartel Mod

It was a perfect analysis; the price rejected the 1916 zone. The price was falling back down to below the previous major downtrend line. Here's the link to the last XAU/USD analysis Currently, the chart shows a potential bearish pennant, which is means a possible bearish continuation. If the price rejects and remains below the upper pennant line, I reckon...

GoldCartel Mod Updated 

Yes, I'm crazy enough predicting the crash !! The COVID Crash of March 2020 (Source: corporate finance institute) The market collapse in March 2020 was caused by the government’s reaction to the Novel COVID-19 outbreak, a rapidly spreading coronavirus around the world. The pandemic impacted many sectors worldwide, including healthcare, natural gas, food, and...

GoldCartel Mod

Take-Two owns Rockstar Games and has developed and published many notable games, including its most famous Grand Theft Auto series, Red dead redemption, Mafia series, and a few other big games, including 2K. Last month, Rockstar announced Grand Theft Auto V expanded and enhanced Edition for Sony PS5, Xbox Series X, and will launch on November 11, 2021. Based on...