Follow up:
Baby bull is not gone, it is accumulating. Recalculations show upside sentiment.
It usually comes unexpected.
Since central banks and big players follow me on Tradingview, we drive this up together. They follow smart ones.
We are long from white zone ( on chart )
Red zone represent a bullish problem zone - intraday, but since gold should met 1247 ( sentiment level ) can we take the red zone out? Maybe yes maybe no, maybe I don't know.
Remember the first move, you see yesterday first move straight up in 1250 and sell.
Today I would love to see first open price move down to white zone and then up smashing the red zone. 1230 - 1231 intraday become SUPER strong
In last post I said bearish close price is in range of 1235.xx - 1237.xx.
Below or above this price range is bullish close price.
But watch the move on opening, if move is straight up to 1236.xx - 1237.xx be careful.
My old good friend Obama is with me on this one, let's screw the Trump!
Baby bull is not gone, it is accumulating. Recalculations show upside sentiment.
It usually comes unexpected.
Since central banks and big players follow me on Tradingview, we drive this up together. They follow smart ones.
We are long from white zone ( on chart )
Red zone represent a bullish problem zone - intraday, but since gold should met 1247 ( sentiment level ) can we take the red zone out? Maybe yes maybe no, maybe I don't know.
Remember the first move, you see yesterday first move straight up in 1250 and sell.
Today I would love to see first open price move down to white zone and then up smashing the red zone. 1230 - 1231 intraday become SUPER strong
In last post I said bearish close price is in range of 1235.xx - 1237.xx.
Below or above this price range is bullish close price.
But watch the move on opening, if move is straight up to 1236.xx - 1237.xx be careful.
My old good friend Obama is with me on this one, let's screw the Trump!
Comment:
Oh sorry. What I am talking about. Pardon my french. First move tagged 1233.6 before 1236... well if so this can actually be good. Let's see.
Comment:
Upside block level is 1236.8 then 1237.6 and then 1240 if we can take these guys out we see that 1247 and higher.
Do I want to see a test of 1230 now? NO actually I don't want to.
So I hope that the first move down right on 1233.5 pivot set the temporary sentiment and we are moving up.
Test of 1230 can make situation tricky and we can experience that spike to 1228 that I mention before and break of 1228 is absolutelly no good, and that lead to more deep decline and I shall turn to seller side.
Now we have difficulties at our first friend 1236 that is already causing the problems but I do want to see a break of it and move to next 1237.
If all goes good and sentiment is set then retrace from 1260 is done and trend can resume with bull, if break 1230 - 1228 then turns out Obama screwed me.
Take care.
Do I want to see a test of 1230 now? NO actually I don't want to.
So I hope that the first move down right on 1233.5 pivot set the temporary sentiment and we are moving up.
Test of 1230 can make situation tricky and we can experience that spike to 1228 that I mention before and break of 1228 is absolutelly no good, and that lead to more deep decline and I shall turn to seller side.
Now we have difficulties at our first friend 1236 that is already causing the problems but I do want to see a break of it and move to next 1237.
If all goes good and sentiment is set then retrace from 1260 is done and trend can resume with bull, if break 1230 - 1228 then turns out Obama screwed me.
Take care.
Comment:
After more analysis buy setup looks promising. I think we should be fine peeps.
We have targets upside and we have buy setup on calculators. Hopefully this works out well.
Holding 1231.5 open and preparing for DD to 1228 1227 just in case.
Good Luck.
We have targets upside and we have buy setup on calculators. Hopefully this works out well.
Holding 1231.5 open and preparing for DD to 1228 1227 just in case.
Good Luck.
Comment:
I am leveraged the right way and money management is ok, I am adding on moves lower to my buy orders slowly and steady, pip difference between USD resistance and XAU support is interesting. Waiting for bull.
Have entry originally 1231.5, added second entry 1227.0
No more new entries, I will add if/when we reach target ( intraday ) 1220 since we break 1230 ( it is on chart )
Then I will add steady there as well.
Have entry originally 1231.5, added second entry 1227.0
No more new entries, I will add if/when we reach target ( intraday ) 1220 since we break 1230 ( it is on chart )
Then I will add steady there as well.
Comment:
Approaching 3rd 1220.9 entry. ( target on chart )
If you are calm and leveraged with care this should not concern you. DD is a part of game on gold.
If you are calm and leveraged with care this should not concern you. DD is a part of game on gold.
Comment:
:)
Ehh... be careful now. I closed my 2 lomng entries 1233.5 and 1235.5 leaving just one from 1231.5 open. Since first move was up it now may go test bottom and if break it then target is on chart.
Bullish accumulation is still on table but if it breaks 1230 man, that is getting too deep. 1230 is now sensitive decision level as well classy support from technical aspect.
I would love to see the bull to step in today.