GOLDUSD – As following USD pair, Gold might be lower
GOLDUSD – As following USD pair, Gold might be lower
Trend: Sell/ Neutral
Support/Resistance:
R2: 1477.05
R1: 1459.38
S1: 1444.08
S2: 1433.86
Price action:
Gold is contraverse from Usd pair. Nothing is proved yet that gold can go that deep. First is important to follow lower timeframe to get facts from our Elite strategy and also news statement. Gold is now showing potencial sell.
Potencial trade idea:
Bulls targets:
T1 = 1477.05
Bears Targets:
T1 = 1444.08
T2 = 1433.86
NOTE – We are trading GOLDUSD via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Trend: Sell/ Neutral
Support/Resistance:
R2: 1477.05
R1: 1459.38
S1: 1444.08
S2: 1433.86
Price action:
Gold is contraverse from Usd pair. Nothing is proved yet that gold can go that deep. First is important to follow lower timeframe to get facts from our Elite strategy and also news statement. Gold is now showing potencial sell.
Potencial trade idea:
Bulls targets:
T1 = 1477.05
Bears Targets:
T1 = 1444.08
T2 = 1433.86
NOTE – We are trading GOLDUSD via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Comment:
Still waiting for this trade to get a good entry
Patience is the key
We need more data for making any decisions
ELITEFXACADEMY
Patience is the key
We need more data for making any decisions
ELITEFXACADEMY
Education is the most powerful weapon - Nelson Mandela