I am looking out for a breakout and a retest on different zones to either go long or short. Quite a long video in comparison to others, but I trust it's worth it. Remember if you follow my advice to enter a trade, you are on your own. God bless
We are awaiting for confirmation for the following scenario: 1. Price retraces to support zone (trend line and horizontal support) before reversing back up 2. If horizontal trend line and horizontal support does not hold, we could see more bearish movement in the short term. 3. Break of the resistance area, wait for retest confirmation to enter long to the next...
Resistance line at 1889, there was price rejection a few time the candles have stopped right before that and back down to support 1883. Until that resistance is broken there will be this ranging of areas. ----- OANDA:XAUUSD Gold seems to be respecting the support/resistance areas confirmed by: trendlines , support, pivot standard, and Fibonacci levels. It is a...
Working the Fibonacci with Pivot Standard for gold, these are the areas of interest as you can see along the resistance and support lines. Switching between all time frames will give you a more accurate picture, currently strong support at 1861 has been shown. There was price rejection previously on 1870,1874 and now 1877(1876.74 depending on your broker). Now...
If you checked my previous ideas I have been following this closely and was breakthrough 1889-1890 resistance. Now 1902 is the next target inbound to 1918 zone. Make sure to switch between all time frames for more stronger zones, 1H-4H and Daily, Overall Gold is Bullish. If the Fundamentals allow it, there wont be any retracement unless the good news: Covid-19...
OANDA:XAUUSD If you haven’t read my previous ideas, please do so it will help understand where we are with gold. As tensions rises between USA and China, gold is getting the necessary bullish boost. I'd appreciate a like and follow as it motivates me to continue to post. DXY is taking a dive as of now due to COVID-19 and current events as mentioned above....
Price is consolidating at resistance turned support area. Look for breakout of trend line and enter long position upon retest. For short position, look for confirmation at the support zone
OANDA:XAUUSD Gold seems to be respecting the support/resistance areas confirmed by: trendlines, support, pivot standard, and Fibonacci levels. It is a great time to be alive and see gold with a support at 1883 on the 15 min chart, make sure to go through all time frames for stronger levels. Fundamentals are also at play here since no good news surfacing the...
Watch to see how I traded and plan to trade nasdaq with it's mixed feelings today.
Follow up on previous video regarding my plans for today. It all went well. I went short and caught over 100pips. Thanks for supporting and motivating me to share more videos
Just as I said, 11000 is back. Want to know what I am looking at trading today ? Then watch this video
This is a possible drop in the market, and everything can go south if my prediction is wrong. (Playing it safe with my entry)