Have you follow my previous analysis? Today, 1st January 2021, Gold give us blessing to make more in trading. I have nothing to say anymore. Happy new year and happy trading!
Price going down into the targeted zone that i mark on my last analysis. How beautiful the fibo works. Now, i will focus on buying mode if there is any resistance breakout in lower timeframe. In addition, oscillator should give us reversal signal in lower timeframe too.
If you follow this setup,make sure to put your stoploss below the lowest price or below the...
Price already pullback from my previous analysis. Now, im expecting price will go down a little bit more to 261 area and i will wait for buying breakout in lower time frame. As well as signal from stochastic oscillator. This setup is a very good one because you only risk small amount if the price going down until invalidation level.
Please put your stoploss below...
After all confluences completed, i would say that gold is going up for now as its dont break lowest point fot this week. H1 showed resistance breakout and price already break second resistance which i marked as wall. Im expecting pullback in the marked box before price move higher. Thank you and trade wisely.
Gold clearly break nearest resistance and engulf the dominan. This is what I called dominan hybrid 2+1.. but this is a new trend?i dont think so. It is because although we see H1 clearly breakout, but resistance H4 is far. In addition, oscillator formed convergence which is a temporary moving up. If you want to long, I suggest you to watchout 161 minimum and 261...
Have you follow my previous analysis? Gold now is on my take profit level after so many up and down move in lower timeframe. Now what should we do? Im waiting for any nearest resistance breakout to go long. Do comment if you follow my analysis. Thank you and happy trading!
According to my previous analysis, I expected to see gold on 423 fibo level. But as we know,price dont move straight to the destination. So here is the situation. Price is on the box of H4 support and resistance. If the price break H4 resistance, price will go up for pullback and complete the wave sequence which is wave 4(daily convergence). But if the price break...
Hello, this is my analysis for gold. Price already breakout 261 level for H4 and expected to reach 423 level. 423 level is on daily trendline and daily strong support. Wait for the price to breakout buy in lower timeframe to minimize risk.Later I will update about awesome oscillator because it is close to elliot wave. Thanks and happy trading
Same as GBPUSD, this pair also in the 261 daily fibo zone. And this zone actually also in Resistance, but not yet become support. H4 timeframe must break nearest resistance to comfim buy mode. In addition, H4 and Daily timeframe shows same divergence on oscillator which is indicate strong reversal signal. Happy trading!
For me, retracement for gold is completed. M15 showed divergence, fibo level at 261. Im waiting for the price to break nearest resistance for comfirmation.
Hello guys. This is my trading plan for today. Now price is in a good place to pullback. Once the nearest support break, I will go short for a while to take the retracement before continue long follow my previous idea. If the price fail to break this nearest support, price will go up more to the next level. My take profit level will be at 1809 as H4 timeframe...
