Technical Overview: - Gold
$2000 Price target 🎯
Before we begin
Check out the weekly analysis posted below
Since then we had took out the $$$ mentioned and this was a perfect chance to get traders on the wrong side of the market.
Gold is currently manipulating all the basic retail mythologies and leaving both sellers and buyers confused.
We have closed half of our position at current price rate, leaving behind 50% of our position still running while SL at BE
From 1h price can start seeing bearish momentum however this is only an chance to buy at cheaper prices.
Last Friday, Jan 8, 2021
This was a NFP day.
In our prior weekly analysis, we discussed our bullish case for XAU/USD
however, last week we didn't get the move to the upside that we were expecting and that's completely normal as we are not the market makers, we are the devil followers.
Meaning we don't set the prices for the market, we flow with it.
We need to keep in mind, the devil doesn't want anybody on their tail, and will shake out all retail traders before the new impulse.
Let’s take a shot with a market and cheers to more dips🥂
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
$2000 Price target 🎯
Before we begin
Check out the weekly analysis posted below
Since then we had took out the $$$ mentioned and this was a perfect chance to get traders on the wrong side of the market.
Gold is currently manipulating all the basic retail mythologies and leaving both sellers and buyers confused.
We have closed half of our position at current price rate, leaving behind 50% of our position still running while SL at BE
From 1h price can start seeing bearish momentum however this is only an chance to buy at cheaper prices.
Last Friday, Jan 8, 2021
This was a NFP day.
In our prior weekly analysis, we discussed our bullish case for XAU/USD
however, last week we didn't get the move to the upside that we were expecting and that's completely normal as we are not the market makers, we are the devil followers.
Meaning we don't set the prices for the market, we flow with it.
We need to keep in mind, the devil doesn't want anybody on their tail, and will shake out all retail traders before the new impulse.
Let’s take a shot with a market and cheers to more dips🥂
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
