GOLD ANALYTICS

Hello All and welcome back,

So I have been analyzing today's market and we do have some good opportunities it's just that we have not yet identified our entrance positions.

But this is what we expect!

THE A FAMILY STRATEGY!

When the current price breaks up 1934 which is currently acting as a resistance zone, and the same time we see a formation of a bullish candle on top of the upper bollinger band then my expectations will be hitting my first TAKE PROFIT TARGET at 1942 and may as well extend a bit higher to 1948 and when the current price continue falling and breaks down level 1916 then we will expect to see a short fall back to 1904-09 after and possibly a reversal , for now we can see sellers are coming in with successive moves which can as well be a consolidation (NO TRADING ZONE) which means both sellers and buyers have not yet decided which direction the market should move towards , and lastly when our price hits the middle band and then moves back up we could experience a continuation towards our targets but NOTE when the markets hit's our middle band and then moves back up and forms a lower high, we will assume trend reversal then and expect another short fall.

MEANWHILE THAT'S ALL FOR NOW!
LETS GO BLUE.

Trade active:

There is too much consolidation at 1926, bands are narrowing forming a consolidation which indicates decrease in momentum, it can as well stay for sometime and then continues going up.

TWO MAJOR SCENARIOS:
1. When a bearish candle forms on the lower bollinger band this is an indication of another fall.
2. When it higher low is formed below the lower bollinger band and then we see a bounce towards the middle band and then falls back above the lower bollinger band and forms another higher low, this means we will see a reversal towards the upside.

Note: we have 3 other minor scenarios.

Trade active:

Today seems like my off morning on gold so far still in consolidation, no breakups at all, let's wait and see what we'll get through the day and possibly during the afternoon hours, so until then wish you all a safe trading day!

NOTE: whatever breakout comes next will be on higher volatility and very strong momentum, i have my alerts ready awaiting to signal me on what to do.

Trade active:

Hi everyone i got a good question from @helen in regards to my breakouts , kindly note i usually trade on a higher time frame mainly on 1 hour time frame, this means once i have identified an entry my trades run for at least 5 hours and sometimes extend a half an hour or maybe an hour more depending on how my trade is going, if i opened a trade and in 5hours time it's running profits which means going my way then i can hold a little and possibly extend my T/Profit, if the trade is going against me in and 5 hours have passed then i don't hold anymore i'll just cancel the trade and look for other entries.

NOTE: WE ARE ONLY HUMAN AND WE HAVE NOTHING SPECIAL SO YES AS A TRADER YOU SHOULD ALL HAVE THE MENTALITY OF WINNING AND YES LOSSES WILL AS WELL BE EXPERIENCED.

IN SHORT : WINS + LOSSES = TRADER

FOR INSTANCE : THIS IS HOW I DO MY TRADES
1. 30 MIN T/F * 5 = 150MINUTES TRADING (2.5 )
2.45 MIN T/F * 5 = 225 MINUTES TRADING ( 3.75 )
3. 1 HOUR T/F * 5 = 5 TRADING HOURS

Trade active:

FOR THOSE WHO TRADE ON A LOWER TIME FRAME THERE IS A POSSIBLE SELL ENTRY FROM 1926 - 1920

Trade active:

UPWARD MOMENTUM INCREASE WE MAY SEE BREAKUP TO 1936, FIRST SIGNAL ACTIVATED AWAITING 2ND SIGNAL FOR CONFIRMATION AND WE' LL BE BACK IN BUSINESS !

Trade closed: target reached:

My alert was triggered but was a bit held up could not enter the trade and was not able to update you guys (sorry) but we did see our first signal activated so as the second signal and it went per my expectations to hit first TP 1936 then continued and hit my second TP 1942 TP and extended to 1955,i did have some other trades running profits, but as you know I'm specifically better and at least 75% sure of gold.

Even though sometimes it goes against me, but i am 75% on profits strikes...