GOLD / 500oz swing / Friday's Transitions

FX:XAUUSD   Gold / U.S. Dollar
Hello guys!
1267, 1268 has become very strong daily swing level!
Reversal zone from wave5 is there.
Market heading towards is there.
Heading towards daily is there.
Pivots from floating wave 6 are there.
I am in sell and will add to my sells from there today!
I still see 1262 to be met, and if market gvoes up to 67, 68 without reaching buy transition first, I will go for a sell.

But as always you know that I'll be updating you!

Comment: We have to be careful with 1261 transition! We may see serious bounce from there at buy transition! I think I'll be closing my sells there and deff go for a buy!
Comment: Okey, now I wait for market decision. If we go 62 first, I will buy! If we go 68 first I will add to sells to 62.
Comment: I am doing analysis. Really strange level displacement. Very strange! It actually can be a FLYday.
I never ever saw buy transition under downwards triggered, pv and TP zone.
I doubt that it is a glitch, but it is very very interesting, so we really can have a rally from 1262ish.
Comment: I have prepared buy limit at 1262. If this is broken I will close it later on test back at BE.
Comment: If 1262 is not reached I abandon my transition system forever! Because then it can be considered as a fail!
Trade active: Buy is executed, be careful! TP free for now!
Trade active: You may Consider Locking the profits from your buy now! We are at the strong levels now. If we break this then it is Flyday! I hope you enjoyed this trade! Transition is the KING!!
Comment: I noticed this chart looks laser targeted! LOL
Comment: We need to break 1268 upwards... then people may re load buys, and those who didn't close, add up to buys! Let's wait and see!
Trade active: I just found out that yesterday we broke transition 1269 and didn't test it, so we should tag 1269
Comment: But I really suggest you to take money! It's Friday guys! Don't be greedy!
Comment: Thank you for support and likes my people! I am done for today! Just to let you know bulls need weekly close above 1264.
Take the money guys.. and rest for a weekend! Good Luck, and let's see where we close today!
Comment: By the way guys, I will be doing live stream on Youtube today right on market close, so I get exact close price, and see what we can get for next week. Both daily swing and weekly analysis!
Hi, thanks for responding to my email. It appears that you have been on Tradingview for a while and many people already know you. However, there are new people like me who have just come across your charts and analysis and I wonder whether you do webinars etc? I think your approach is slightly different to what I have seen so would be good to understand your thought process.
Don't worry my man! You will become familiar with me and my style. just give it a time! I am updating very frequently my actions so you'll get the picture soon enough! Thank you for support!
+1 Reply
dont give up:)
your transitions are very good in stability times. But when there is a movement up or down they cant stop them;)
It doesn't matter if there is a movement or not, all depends on how you interpreter reading of them.
It's 1261 now. Is it time to long? if so, where do you suggest the target point?
Thanks TP....
No problem!
Hi mate. I'm surprised to see
you back here so soon. What happened to your ban? Have you changed your mind and will continue to use TV?
It's all good man!! No worries.
Hi, just came across your trade setup and your levels seem to be quite accurate. I have Gold Sell from 1273 and was planning on holding it until 1202 swing target mid-term. But noticed at 1261 it zoomed back up. I have my SL at cost on 1273 now. Do you reckon after triggering your Buy Transition, it will go back up to 1273? If so, i may take profit and re-enter sell higher. Please advise
It's hard to advice brother. Depneds on will we break 68.. if we break it, you better close for sure!
Hi TP, is your Youtube session today available online? I missed the live stream. Thanks and appreciate everything you do!
Give it a time, it will show up in playlist later after its processed! ;)
+1 Reply
monicaswkk PRO MetalCruisers
Great, thank you!
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