Ahmedshebe

GOLD ANALYTICS

Ahmedshebe Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good Morning Team , hope you all well and had a wonderful weekend, welcome back , As indicated last week i was expecting the market to lock $1924 but we didn't attain it and instead we took $1923.

This week we seem all bullish but you never what might happen as the market unfolds, we actually anticipating for a further pump,first we expect $1926 -30 then afterwards there is the possibility of an extension further up mainly targeting $1945.

$1923 is our trap in today's chart, once we break $1923 and to further confirm then we should as well see $1926 broken there and then our move will be unstoppable, in case we are to experience a fall then we should first break $1914 -10 once these levels are taken down then our fall is active.

So generally speaking today i'm looking at a pump .

Up until then do wish you all a wonderful trading week.



Comment:
We've broken $1914 already the possibility of a fall is becoming clearer, but let's wait for the second trap to be broken $1911 then we can confirm and have our entries.I'm still looking for the pump though! so kindly be on the look out.
Comment:
I have a feeling we going down for a waterfall, we've broken the first trap and almost taking down the second trap! we could test $1985. before deciding on what to do next.
Trade active:
I have my entries running! considerate lot sizing, we all good
Comment:
We didnt break the second trap! im running on loses! but i'll control for now.
Comment:
As indicated earlier in the morning was expecting a pump today and it's currently active, the sell orders i had were just blind orders, but have recovered already!
Comment:
Good Morning Fam, hope you had a profitable day yesterday and welcome back.

As indicated yesterday i was expecting the market to hit $1930 before the extension further to $1945 where we did take down $1930 and currently the market is stagnant.

I'm still sticking with the same idea looking at $1945 with a close eye and deep evaluation, the possibility of testing $1956 is also very clear and possible unless some changes are experienced during the unfolding of the market.

So generally today we are actually bullish , headed mainly for $1945 as our first take profit zone, once we attain $1945 we would then be required to evaluate further on the direction of our trend.

I'll be posting updates as the market unfolds, be on the look out for updates and be prepared.
Comment:
Good Morning Team ,Welcome back hope yesterday was a fruitful day! i had a few red's but they weren't that bad! target wasn't achieved.

Anyways today we mainly BEARISH but before the bearish action takes place i see two minor pumps to $1927-30 there and then we will experience our fall, the fall is possibly anticipated during the evening hours , we should also expect a bit of consolidation before the fall.

Yesterday we had anticipated for a further pump to at least $9145 but sadly we couldn't attain it and instead we took down $1930 and the market became dormant, consolidating.

So generally we are all BEARISH for now, but take note the bearish action comes mainly after taking our pump up, we should expect our fall to at least hit $1917 -10 and then we will need to evaluate further and see what we should expect next.

I'll be back later with further updates as the market unfolds.
Comment:
If we break $1931 going up will be easier, for now we stick with the fall until otherwise
Comment:
Seems as if we are having a change in direction , we could go up instead! but let's wait and see what happens.

i'll be posting updates as soon as i confirm.
Trade active:
We having our fall
Comment:
Targeting $1910- 07 before we decide on what's next! let's go! let's go!
Comment:
Good Morning Team , hope you yesterday was as amazing as before.

We anticipated for a fall but it was declined and instead we saw a minor pump to $1935 and then initiated the fall but then as the market was unfolding our fall was declined once more but we did take our first target at $1915 my expectation was the extension further to $1905-07 but it didn't go through.

The market has been somehow consolidating between $1934 and $1917 we have been within the ranges the whole of yesterday meaning we haven't had any major breakthroughs.

Today we most likely could have our pump back to $9134 first , this means we could play along with support and resistance zones, that is we buy at support and sell at resistance, where the resistance level in today's scenario is $1934-35 and our support zone is $1915-17.

With all being said we need to look at the same levels keenly coz this is where we are are expecting to understand the real direction of our trend, so Generally speaking we are all bullish for now, the possibility of retesting $1935 is available but as always we need to go one step after the other.

I'm first going to target $1925 then my second take profit zone must be $1935 and afterwards we will need to evaluate the market further and see what we need to do next.

That's all for now and until then do wish you all a profitable day!
Trade active:
As indicated in the morning updates we were expecting a pump which is currently active.

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