GOLD / The Long Road in Dunes / Destination

FX:XAUUSD   Gold Spot / U.S. Dollar
Hi. Spent long time analysing the gold             . I strongly believe in my calculations that gold             is done dropping for now.
It came to see both my temporary target 1193, and permanent volume target 1180.

This was the bear pancake, now bring the Jam.

By frequency calculations gold             has to fall like under 1170 and spend there at least 3 days to say that bulls are not comming. I just don't see signs that invalidate my next Temporary target 1383 and Permanent Volume Target 1430.
As well I don't want to fall in love in this idea, all I believe is gold             is to met 1383 and that should be completelly done in December, so I believe that to all those people that have bad long positions, gold             should manage to bring peace and love in your mind / heart for X-Mass and everything should be back to normal!
If you buy here even with small risk like 1 lot for example and if target is met it can bring you 18ish thousand bucks. Just 1 lot.

As well people ask how I would manage the hedge sell positions and what would I do here.
If I would be you, of course I buy here, just because I believe in my calculations, and when gold             goes up I would close each and every sell step by step at BE while my long position minus is lowering and my bottom buy is bringing money. But it depends on how helthy your equity and margin level is.

Guys, with this buy, we really need patience here, this time for real, because this can be boring. And remember that gold             is a monster, it can easy do reach unseen targets and levels.
I have done my buys here and won't add any new positions at the moment. And will update this idea if I spot something new, or a good place to add to longs.

Sorry in advance if I am wrong, at least I tried!

Comment: It is December for this year not next year. Just a note as some people get confused!
Trade active: Gold tagged my Permanent Volume Target 1180 completelly. Yesterday it was 1181 and could be counted as reached, but today it reach it completely. I have overall 3 positions running now by plan, and I am done with longs in this area. I will add on a new frequency rollover if that comes and let you know about that!

This is one big mission for gold now, and I want to thank you all for support that you show!

And just to remind you in this idea I made an update, it is the 4th update:

Keep that in mind!

Copy Paste :

Comment: Later this month Significant player ( company ) that plays big role in gold prices ( won't name the company, should schedule a good amount of gold contract buying from company " B ", this is how gold start the route to 1383. When that comes you'll read that in news as an explanation of a sudden and sharp upward move in Gold, the most important thing is don't miss out.
Company A ( the buyer ) would love to get gold cheaper is what I know, so they may try to get it lower by printing good CPI data later today, or just by selling more contracts this week. Remember about 1193-1180. That is still on table with yesterdays close price.
Comment: If today H and L remains the same then no matter what the close price will be it is a buy setup that I would love to see yesterday when I told in Metal Cruisers chat that close of 1185.7 would be a great buy. So today if this H and L remains no matter what the close price is intraday bulls will not have a lot of struggle since all blocking levels will be below close price!
Trade active: Good Morning. Paradigma fall asleep and are off the topic lol.

Shout out to my man @fruitman82 for spoting this drop.

He write me about this but I was off.
True. Whenever these 3 levels at the TOP by close price are aligned and all 3 are at the same level, it is always a bull problem day. In last 3 biggest drops so far they happen once 3 levels align. I would hedge my buys, but well drop was not so big, so now I wake up and add to my buys.

I am waiting for 3 levels to align downwards, then that will be one hell of a buy!
Again - Patience!

Take care.
Comment: Two Interesting comments:
Zero analysis. Just a facade with no logic.
hes on a software, the only thing he does is click on a button when the software tells him what to do... hes not a trader :)

Yes zero analysis, and I am on software! I just dont have time to do analysis, I am kinda busy making money, and I am glad that I have a software that does the job for me.. you micro lot traders with day jobs you have time after work in evening to draw your x-mass charts, I just don't have time for that.. so my charts are naked with zero analysis and I am on software! Maybe some day you both get to that level. So your words are actually on point!!
Comment: The same story goes on and on again, this again will be the mirror to the Idea I posted:

Comment: Transitions broken upwards.
1183 back test done
1185 backtest pending but not obligated.
Comment: Update

we need to push thru this intraday level.. it is very hard one. Such levels need strong candle that go thru in one push.
Carefull here.
Comment: Update. Just guiding thru what I see on dynamic levels.
1192 is broken and after dynamic level break a bounce follows.
Comment: Decided to test 1185 what was not obligated.
Well what can I say if there is a bull then show the horns bro.

All dynamic levels tested.
Comment: If we get close today above 1192.xx dynamic levels will support Bulls Monday, is when I sell my house to buy the gold. I don't mind living in my car till the end of this year so I can buy a Mansion on Xmass.
Trade active: Okay I am done.

I was doing calculations and I have a goal on this trade that I'll let you know in next idea, but no matter how I do it I could not achieve it with my leverage and margin, so I had to add funds to make my goal happen at the end of this run.
I will do deeper calculations during weekend, permanent template and dynamic template calculations and if all will be good then this will be the biggest Single trade / profit I have ever had in Forex from a single target. I want you all to set goals in forex and in life, and there is something I want to achieve with this trade. After recalculation I will make a plan / idea, and hopefully it will bring me what I want.
I had to close my lower buys because I messed something up but no worries, so I bought again and will not close. Fore me it is set and forget trade, hopefully.
Have a great weekend.
Comment: I opened Hedge sells for weekend just to insure myself from unexpected gaps on opening Monday. Happy weekend and all the best to everyone.
Comment: A lot of people seems to be confused with the fact I opened hedge on weekend. Well Just because I don't like the fact that surprises may happen during weekend. And as you know if market open with gap nor Pending orders nor SL nothing can help you. So I rather hedge and close it on Monday than leave just exposed buys open during weekend. Safety. That's it. I don't expect something to happen, just pure safety.
Xauusd and xptusd and xpdusd very very up
Does today close price change anything?
booyaah !
The only positive side of today trading session was that buyers where able to push the prize above the daily open of 1181.86 to end up the day at 1183,85, besides that.
The price has broken multiple key support levels including the 200 day simple moving average, and Multiple horizontal support levels.

saadalielghobar banffstocker
@banffstocker, yes ...So it was important
Seems too late for me to hedge short position. Nevermind, i will take a risk to protect my precious long at 1174.
ja.piotr.bor saint_athur
@saint_athur, 1174, are you kidding - you are still in profit...
saint_athur ja.piotr.bor
@ja.piotr.bor, major trend still bearish. You cannot ignore monthly support at 1140. Thats why i have to prtect my long. We cannot predict what will happen.
Buyers thinking there buying the dips just to get caught on BEAR TRAPS, How about SWING TRADERS with BIG CASH just waiting for you?, you dont buy on a bear channel, Today we saw buyers failure, and swing Traders bringing that prize down again, becarfull being a buyer on this Bear Market. ILL BE A BUYER ON THE DAILY CHART, FULL ROTATION TO THE LOWS, ALL THE WAY TO 1046.75
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