Loii
Long

CASE FOR NEW TRENDING BULL MARKET!

FX:XAUUSD   Gold/U.S. Dollar
1954 13 30
8 months ago
CASE FOR NEW TRENDING BULL MARKET!

1. We had a 5 in a row bullish daily candle close which hasn't happen since early Feb
2 .This happens all the time when daily RSI is above 70! See late jan - early feb trending rally.
3. DXY             is about to break its major support levels

Currently only long 0.5 lots with a stop loss under $1270. low risk for me
8 months ago
Comment: 1.5 lot long
8 months ago
Comment: top is $1325. will take a week to get there if we break $1285
8 months ago
Comment: 3.5 lots long
8 months ago
Comment: top range is $1320-1325
8 months ago
Comment: This bull could end on the 6th of may after nfp next week!
8 months ago
Comment: 9th may is a monday, so its unlikely
8 months ago
Comment: buy stop all set. buying up till 1300.
8 months ago
Comment: These trending market moves only happen a handful of times a year, this is it and the top will be $1320-1325 before any major correction. i will short at those prices.
8 months ago
Comment: I will short on 9th may or short at 1320-1325 whichever comes first! ;)
8 months ago
Comment: 5.5 lots long ;)
8 months ago
Comment: 7 lots now, my gold is to have 10 lots all with break even stop loss ;)
8 months ago
Comment: tp1 is 1308, i will close 50% trades
8 months ago
Comment: tp1 *1307 (correction)
8 months ago
Comment: i closed some profits on fri, got 3.5 lots left. i will hold until end of friday. big floating profit atm. around 4k aud
8 months ago
Comment: if will only short at 1325 if i see some resistive action on gold, if not i might hold 50% until 1340 then 1375-1380
8 months ago
Comment: partial close + manual trailing sl at 1287
8 months ago
Comment: still holding around 4 lots, might cut it down to 3. depends on the movement tonight.
8 months ago
Comment: I expect a 2-3 week rally. this has occured countless tmes in the past few years. the tricky part is to determine if this rally is 2 or 3 weeks.
8 months ago
Comment: got out of my longs
8 months ago
Comment: now trading the range from 1285 to 1300
8 months ago
Comment: long from 1284, tp1 1296, tp2 1300
8 months ago
Comment: im on vacation for the whole of may, will only be posting trade ideas maybe once a week. won tbe active much.
8 months ago
Comment: Sl hit. Looka bearish now. Too late to short. This might be bearish until fri nfp. Will stay out until thurs or fr
8 months ago
Comment: potential bottom is at 1260 for trend channel h4. if this breaks look at 1243. these two prices i will long with $3-4 dolalr sL good luck.
8 months ago
Comment: 1275 seems like a good bottom but becareful, use tight sl
8 months ago
Comment: can still go lower according to h4 charts but its possible this can be the bottom if nfp is negative
8 months ago
Comment: tp 1323-1325
Private message me if you're interested in trading Live with me on Gold, Silver & AUDUSD. I give only good risk/reward trades only.
Cornhub
8 months ago
I guess it's buy time now~
Reply
Lalahong9999
8 months ago
Thank you sir
Reply
suburra
8 months ago
Great...congrats...u know what u do...
XAUUSD TARGET 1340 $
+1 Reply
marcus123
8 months ago
Nice analysis;
Reply
yeoledinesh
8 months ago
What to do now carry long or going to short @1302
Reply
Loii yeoledinesh
8 months ago
what does my chart say?
+1 Reply
yeoledinesh
8 months ago
TGT@1325, 1340
Reply
Cornhub
8 months ago
have a good vacation~
Reply
ehanworld
8 months ago
Enjoy your vacation ;)
Reply
Loii
8 months ago
Sl hit. Looka bearish now. Too late to short. This might be bearish until fri nfp. Will stay out until thurs or fri.
Reply
farhanadvani
8 months ago
Sl limit?
Reply
trendlegends
8 months ago
good luck
<
TARGET 1308

first down later up movement
Reply
SunilJi
8 months ago
i think you r near your 9th may target.. Good luck
Reply
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