#1Project Trade Like A Pro previously known as 1001 Pips Project

FX:XAUUSD   Gold/U.S. Dollar
Dear beneficiaries of the 1001 Pips Project & Project Trade Like A Pro,

Here is what you've all been waiting for! As you know, we as the pro traders team would make a team chart every week on the 1001 pips project, but it went a little bit different then expected. Due to a different way of thinking we've made the decision to go further with the name: Project Trade Like A Pro. To me, Project Trade Like A Pro is about sharing the best knowledge, and trading strategies to everyone within the TradingView community. This knowledge comes from different pro traders with different TA background. We've selected a pro traders team on different TA skills, to see if all analysis point in the same direction and if so, everyone could benefit from these analysis.

Technical Analysis is my passion, and I can't describe how great it feels to make a chart with an outcome, I expected. This is feeling what we as a pro traders team, would love to share with the TradingView community. @Ichimoku_Trader focusses more on a trading plan and reaching 1001 pips with the 1001 pips project. From now on our project is called: Project Trade Like A Pro.

We are very proud to announce: this weeks' chart: XAUUSD             on the 1day timeframe. Every trader has been selected on their own TA-skill and made a chart while using only that skill. You can follow the charts day by day on our Trello Teamboard:

Check it out and don't forget to vote for next weeks, Stock , FX, Crypto, Future or Index. On out Trello Teamboard you can also find our last weeks (pilot) chart on EUR/USD             . If you have any suggestions, feel free to add them! If you have any questions, please do send me a DM.

Here you've the final results for this weeks chart on XAUUSD             .
Long term:
5 Long
1 Hold Long
1 Waiting

Criss100 - Purplish - Hold Long
5, 10 and 20 just crossed the 50 Ema to the upside. So that's a bullish signal but would not recommend to buy at this level, just hold your longs for now.

Fibline - Red - Long
Risk Reward needs to be closely evaluated here. Three Drives to a Top must be considered. If the Trend line is breached and confirmed. Then the pattern is not valid.

bwy - Blue - Long
XAUUSD             is in an uptrend on the daily. I believe the 4 year downtrend is over (which was likely just a pullback on the monthly uptrend). Monthly uptrend has resumed as well, so best to be long XAUUSD             I'd say.

avatorius - Orange - Long
After trading entry you should place stop loss below strong support. Or at least keep your position with stop loss above local             bottom after your entry

pujariraju - Black - Waiting
I'm still waiting for the high probability trade.I'm looking some choppy zone at Resistance area .We can have some good trades in Future.

Daily.Pips - Green - Long
I am looking forward to a bullish outcome of XAUUSD             price after a correction this summer. Not sure yet about the entry, depends on price action, but would like to see a test of the bottom of this range for a long for the rest of the year.

Maddie - Pink - Long
Long term up due to the falling wedge , this indicates a bottom formation. Short term down to finish the horn pattern, if finished and the highest resistance gets broken, it'll go more up.

If you still have any questions after reading this, feel free to send me a DM.
We hope this provides you the knowledge you need! We can’t wait to see what's coming up for next week.
Please, don't forget to vote on next week's chart on our Trello Teamboard:

Good luck trading !
Members of Project Trade Like A Pro
8 months ago
Dear Maddie, I like the principle of what you are doing. Regarding the chart its interesting to see how it goes, I am personally shorting AU. Continue this way and early faults will heal. Kind regards, Harry
+1 Reply
fibline PRO harilaos
8 months ago
Good Eye.
+1 Reply
Teflonjohn907 harilaos
8 months ago
yeah im still long but only due to sentiment, not tech...if gold is "only" being propped up by brexit...we still have a few days and I believe that it was postponed because of the murder? don't quote me on that, im on my phone and don't have time to chase the current facts. I do believe there will be some profit paring though
+1 Reply
Maddie Teflonjohn907
8 months ago
Dear Teflonjohn907,

In my opinion the outcome of the brexit referendum would be really important. I can't say which outcome would have which kind of outcome.. but sure it'll be really interesting to watch!

Good luck, and thanks for sharing your view!
+1 Reply
Teflonjohn907 Maddie
8 months ago
oh absolutely I think brexit is extremely important as well...and plan on shorting gold prior to the day of the vote...but for tomorrow and Tuesday im long
+1 Reply Teflonjohn907
8 months ago
yo I love your username lmao teflonjohn
+1 Reply
Maddie harilaos
8 months ago
Dear harilaos,

From my perspective there is a horn pattern in the making, so short term I would say short.
If you're a long term trader my pattern analysis indicates a higher target, so long.
Also the brexit would be really important short term so I'm curious to see whats next.

Thanks for your message,
harilaos Maddie
8 months ago
The great thing with charting is the challenge to predict what's next. Very prominent houses present "Delphi" charts. The Delphi oracles were formulated in a way that sometime, somewhere were proven right, or they could be interpreted in different ways. I like simple straight forward charts even when they are wrong, nobody can be right all the time and in the long rang who knows... I will continue to follow your work, have a profitable trading, Harry
+1 Reply
Maddie harilaos
8 months ago