Ahmedshebe

GOLD ANALYTICS

Short
Ahmedshebe Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
HELLO ALL,

Welcome and before i give you my analysis today i would like to say sorry to all of you, i had some issues with my accounts mainly my trading account and my bank account, was trying to sort out the issues and until now that it has been resolved although have been asked to communicate with the parties further on my withdrawals and deposits.

It became so hard that i couldn't even think straight, so i decided to just chill out and wait for the outcome lucky me all is settled although still have some pending matters to be solved in the course of this week.

Back to my analysis.

So Generally this week seems so much on the bearish side, we should expect some huge bearish moves or rather a downfall but as always before we conclude we need to analyze the charts further and see what what we expect immediately after we've attained a certain target.

SO as of now i expect to go a bit short to at least $1952-50 before we see a rise to at least $1971 there and then we could then see our fall to possibly $1940, as always targets are identified , traps are set and we are ready but you also need to remember that the CPI UPDATES mainly affects the $ pairs so, my advise for today just be humble and focused because you could either blow off your account or be one of the luckiest trader this week.

So for our traps we are going to look at $1968 for the pump up to $1971 this means once we break $1968 then we should look for that buy position although a few aspects must be considered before the buy entry.

As for our short we should look at $1954 this means once we break $1954 then we could head down dramatically and possibly hit the target that we expected to hit first before the rise, Generally speaking we are all bearish for this week but we could never come up with a conclusion.

If the patterns form as per my expectations then i see the possibility of going further down, but that's it for now, let us trade carefully and also do wish you all a wonderful trading day, remember no one is forced to follow what i say, this is just for educational purposes if you feel like i'm wrong please feel free to comment and share ideas.

until then CIAO!
Trade active:
We are active, 1st phase completed this is the minor fall, now we going for that pump which is the second phase then we conclude with the major waterfall as the third phase!
Comment:
Hi all, since my projection was executed although the targets were not achieved completely i decided to stick with the same idea, although i can highly recommend a short to at least $1948 first then we could go ahead and break our top trap of $1967 before we see the waterfall.

Note: once we break $1967 we could at least hit $1969-70 first before we see that fall so basically my idea remains the same until when there is clear change and different pattern formation.

So i have taken some short entries to $1948 for now with considerable lot size, however i wouldn't recommend you doing the same as always for you , you need to wait for confirmations.

Remember once we see the break of our upper trap, this does not confirm any entries until after you've evaluated the candle pressure and pattern formation, so with all being said generally as of now we are going down a bit then expect to see a minor pump up before we see our waterfall which could as well reach $1937 and possibly extend further down.

This is it for now guys, please feel free to share your ideas on the comment section below, ask your questions and let us interact for the benefits of growth.
until then do wish you all a profitable day!
Comment:
Expecting a retest at $1959 this should be a very minor one, then we see the pump up, guys hold on to this entries, closing the positions i executed earlier in the morning, now targeting the upward movement.

Hope we are all on the loop, i'll be opening a few buy positions in a few after i see the retest at $1959 -55 then hold my entries for $1969-70 then have my last phase sell entries at $1969-70 all this will happen if everything goes per my plan.
Comment:
As expected we did hit $958 and now we are going for the pump, the 1st phase of the fall finished exactly where i wanted it to be now we are on the second phase, i have some few entries running.
Comment:
As predicted we did see $1971 and now we are going for the third phase, falling really hard, until then guys this is the profit generation period, take advantage of it...
Comment:
Good Morning Team , sorry for the late updates, anyways as indicated yesterday we did hit $1970-71 after the short fall which did increase momentum for our pump up on the second phase and then third phase got in and it went exactly per my prediction, this was the fall to $1940.

As of now we are all bullish, but we won't be bullish for long although mainly for our pump i can see retesting zone $1952-55 once after we've tested the zone then there should be that major waterfall which on my analysis and prediction i would say would be to at least $1932 before extending even further.

So generally i see that rise up to $1952 as the first phase today, before we see the second phase of a waterfall to at least $1932 from $1952 this should be a very interesting run, get set , be ready and let us collect them blues.

Anyways until then do wish you a wonderful trading day !
Comment:
Good Morning Team, hope you've all had a wonderful night and welcome back.

As indicated yesterday i was expecting a pump as our first phase then second phase was the waterfall, sorry wasn't able to update you live but i did indicate to you my analysis and expectations.

I had actually seen us retesting $1952-55 but it did extend a bit higher to $1961 as the first phase and then we experienced that waterfall to $1935 - 32 as the second phase, so this is what i had exactly stated in yesterday's updates.

Today we are all bearish i see our fall continuation further down to at least $1914 ,yes this is clear but very rough waving , so if your account liquidity is not that much strong i'd recommend you play along with support and resistance zones, for those who believe their accounts are somehow moderate in equity then consider having a good hold, considerate lot sizing and at least 2 entries.

As of now the momentum is still low, but as the market continue unfolding then more better opportunities should arise and you should be able to secure the profits, this is it for now unless something happens in between, we are generally good for the fall.

I'll be back later with updates!
Comment:
Hey guys, the waving is as expected, so hold on your trades until further updates, we still seeing $1919.
Comment:
$1932 was a strong support zone on Tuesday 30th at 6.00, We are currently within the same zone, but the advantage is that we are somehow below it, which can now be considered as a resistance zone, although i'm still seeing the fall to $1919 and yes the possibility of an extension is there.

So with all being said , hold on to your fall entries until the next update!
Comment:
Dear Team ,

Worry less about the spikes , as indicated earlier the waving was expected to be this strong, we can currently see the spikes but still sticking and looking forward for $1919, i'm currently analyzing further so be sure updates will be coming your way soon.
Comment:
Good Morning Team,

A little bit about yesterday, we were expecting a continuation of our fall to at least $1919 but instead we took down $1924 and then pumped back up , My falling trades are still actively running, a few on negative but i can see us headed back down to at least $1941-38 before we see our pump up! as i had indicated as well we were expecting the waving to strong and it was, so relax and let's generate today's profits smoothly.

So generally we are expecting a fall to $1941 as our first phase, which will generate a few pips for us, then comes in the second phase which should be a pump up which i can see us revisiting $1980 and even extend further.

So we are all bullish for now, for those who have their entries running red, relax and set alarms at $1941 , that is once we reach this level we will need to analyze further and confirm wether the fall will continue or get declined. As of now we are bearish targeting $1941 if you can set your Take Profit zone at $1941 that is okay, but personally i like setting up an alarm which will be triggered once the level is reached and therefore give me room to evaluate and understand the direction further.

That' s all for now and until then do wish you all a wonderful end of the week.
Comment:
I can see us breaking $1963 which is not actually a good thing, i'd suggest we close the entries we've had until further updates.
Comment:
For those sell orders which were running since yesterday i had to close, would recommend you to do same, we are now going up , targeting $1980 it should be a long run.

Expect some resistance at $1966 before we see our rise up, we could get the blind entries or wait for us to break $1966 then have our entries.

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