GOLD / 500oz swing / Golden Swing

FX:XAUUSD   Gold Spot / U.S. Dollar
I wish you all great trading week!
I prepared golden swing for you to trade.

Simple trading plan.
I will wait for 1269 to enter sell! If 1269 broken upwards price will come back down to test 1269 ( transition ) so either way it is a risk free ride for you. Other than that if all is good, I will add more sells when / if 1263 broken downwards ( buy transition ).
But let's see how this works out during the day, and as awlays you know that I will update you frequently, so of course you can feel free to press that bro thumb for this idea.

My Initial target based on Yearly template:
Comment: Why I would wait for 1269? Because it was Transition as well that was broken but not tested! Easy!
Comment: Gold open, one more time, I wish you all great trading week.
Sell limit at 1268.8 active!
Comment: This open price is ruining now the sell setup! If Price reaches 1263 first, I remove my sell limit and may open buy!
Trade active: I am a risky guy! I opened Buy at the lowest point with TP 1268. Will give me nice 800 eur profit on my TP PARADIGMA account for followers that u can monitor. I don't suggest you to buy this just based on me, if you have a trading setup that suggests you buy opportunity go for it! Let's see how this works out!
Comment: We are very near buy transition! This is getting interesting!
Comment: Buy Transition reached! Let's see what happens here. We break it or we make it!
Trade active: At buy transition it was last chance to long, either it moves up now, either it breaks transition and goes down! I still count on 1269, and I would like to see it! Take care guys! Let's see how this unfolds!
Trade active: Some people already freaking out! Relax bro's.. wtf.. I know Monday is a hard day! But chill! Market decided to go for a buy transition first, no big deal now. Calm down! I am holding my buys here!
Trade active: Relax people! It's all good! Those who bought, at buy transition!
Look how beatiful the earth is! Make a coffee, turn this on, and relax for a minute -
Trade active: Transition is the KING. You just can't beat it, if it is to be tested ( touched ) it is, and you can't do nothing about it!
Trade active: Still Holding buys.
I did deeper transition analysis! And things are getting suspicious!
You have to be careful with selling bcz of two things..

First, we come from buy transition, which is not good! I was willing to see sell transition first.
Second, since we come from buy transition, and if we break 1269 upwards, gold is not obligated to come back and test it, because the first transition it touches is the general transition, so if we sell this from 1269, and if it breaks it upwards, it is not obligated to test it ( touch it ) and can go up up up.
So all we can do is sell with Stop Loss. Let's see!
Trade closed: target reached: 1269 reachede. And I was about to abandon the transition system, but seems you just cannot beat it!
Trade active: Sell order triggered as well!
Comment: Transition is THE KING! Amen! Take money when you feel you want to! My pleasure to bring you great trades! Peace!
Comment: What A drop guys!! This is how it works! It had a target that it mist up there 1269.. it reached it.. because it was the last thing holding it from going down! Now Gold is target free and can drop!! I am so happy we are in!
Comment: Did you monitor the 1 minute chart? It broke blue line ( buy transition ) downwards, and tested it immediatelly! This is where you could add to sells.. is what I did! Now nothing holds gold from dropping...
Other than that.. to go up.. we now need to bnreak 1263 upwards!
Trade closed manually: Closee the trades! Damn it. Transition 1268.. broke downwards, did not test it. Can go of a test! This is it guys for today! I'm done!
Comment: Confirmed!! Gold is to reach 1269 again.. Again it left it there to be reached! Game of transitions guys!

I will wait for close price and maybe we can get a buy setup! Let's see!! But 1269 is a must again!
Comment: Thank you for your support guys! Pressing like now got my idea in main page on the top! This is the only best way to show your support, I really don't need anything else. I hope we can produce some good idea for tomorrow!
Thanks! Let's wait for NY close and see where the price wants to go!
Comment: 1260 was Floating wave Target. If we close above 1260 and L remains the same, we could get buy setup, but 1269 is to be seen anyway! Do not Buy ! Wait for NY close! Let the price decide what it want to do by setting the close price! Thank you once again!
Comment: More detailed - If we get NY close above 1262, we have a buy setup for tomorrow! But I will post new daily idea and update you as I always do!
Comment: ATTENTION now things get interesting!
Market broke transition downwards but because of HTD level being upside it was not able to go down without testing it first. Now it broke transition upwards, and now if it tests it back 1266.00 I will be careful with short at 1269. Because it will not be obligated to test 1269 if it breaks it upside

Comment: Wrong Idea!
Great job, man! It's very interesting way of trading.
chinoo lluriel
So, end story .... everything is a big ... R U Short or Long on Gold at present ??
chinoo chinoo
Obviously the Q is to Mr TPp ........
Bro, could you explain under what circumstances there will and will not be retest at the transitions? Thanks!
TheZabisyu lcyilin
There is always a test of broken transitions! Sooner or later!
I'm kinda confused now. From the original graph, it's suggesting to short again from 1263 to target 1256. However, 30 mins ago you suggest to buy again to reach 1269. Correct me if I'm wrong. So are we short or long from this point?
TheZabisyu Noobsnoot
This is a rapid game my friend! Market left 1269 un-tested. What it means is that market will be back to test it! It is very hard to make an Idea that will not change in Forex bro.. Gold moves like monster, and there are unexpected situations! Short would be ok, if only gold would test 1269 after breaking it dowwards!
mmz2505 TheZabisyu
so that mean same plan for tomorrow or u have a new plan..
TheZabisyu mmz2505
we'll see!
Noobsnoot TheZabisyu
Thanks for a very prompt reply, buddy. It's still uncertain for now, I guess. Do you analyze from the demand volume?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out