My conviction for gold is that it is drawing towards the upside... I'm noticing daily failure swings that price seems to be very interesting in buy side liquidity. Plus price has reacted nicely off a +IFVG and has formed a daily CISD. I'll be looking for a OLHC daily candle formation for tomorrow trading toward the weekly draws.
The war against sound money... keeping a "lid" on the price of the worlds biggest asset and truly the only real collateral in the world. Is being slowly lost. We have a continuation head and shoulders that many people are watching. But something to note Is that the previous times #Gold has traded above 2 thousand dollars The smackdown has been quick and...
I am seeing some of the early breakdown started, but in very early stage and it might take couple of days to play out. I am very much interested interested in selling the GC at around 2665 to 2670 area. There is a chance it may spike up during European or early US session tomorrow. On the downside, 2632 area is a strong support and may hold up and bounce before...
Natural Gas stock Bulls PEPPERSTONE:NATGAS Support & Resistance Guide AMEX:UNG Stock Forecast AMEX:USO Oil Stock Forecast TVC:DXY US dollar Stock Forecast Gold OANDA:XAUUSD Stock Forecast Silver OANDA:XAGUSD
Hello Traders. This is my analysis of Gold for the medium term. We have CPI forecasted to decrease tomorrow and IR anticipated to be cut next week. We may observe heavy volatility and opportunity in the market. CPI Consumer Prices have been decreasing /cooling all summer 24' Labor Market began strong but has progressively cooled though Summer 24' Additionally,...
As you can notice on the chart, there's a BB the market gave us, you can sell and set your SL and TP as shown on the chart.
DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy SHORT Gold (GC) My COT strategy has me on alert for short trades in GC if we get a confirmed bearish change of trend on the...
I like the structure. Set it and forget it. Will wake up with some gold coin. Or a Loss. Either way, if you have good risk management you can manage a good nights rest. Trade safe. Cheers!
Set the alerts. Set the brackets. Set the trade. Then get to sleep. Will we wake up with a win. I’ll dream on it. 1hr strong close up. We have a structure shift. My entry is set at the area of value where the un filled orders were left behind that originally created this push up. 2:1? 2.5:1? We’ll see. My data says 2.5
As you can notice on the chart, we have a BB which is our entry and a LQ Pool below which is our target. You can sell now and set your TP and SL as shown on the chart. The comment section is all yours for further questions!
Earlier I shared to sell XAUUSD but since the market haven't reached our entry, and it came to our BB, that means the market is now heading towards the liquidity area to make the next move. **The analysis is a little bit late since I can't share it at the same time I'm giving it to my customers. Follow for more!
DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy SHORT Gold (GC) My COT strategy has me on alert for short trades in GC if we get a confirmed bearish change of trend on the...
If my move doesnt happen off of the newest demand zone I will be looking in this zone for entry. Trade smart yall! Remember risk managment is the most important aspect of your trading journey. Keep a cool head if you lose, and especially if you win!
Been a while since posting my thoughts here, I have been working on something that is GOLD. Supply and Demand can often be overlooked. Trading can often be over complicated. Back up and study the basics. Supply and demand characteristics of the market are the most rudimentary but often the best way to creaete a system that brings forth consistent gains. How many...
Gold may have reached a record high on Tuesday, but it then handed back more than half of the day's gains to leave a long upper wick. The ATH met resistance at the weekly R2 pivot and the daily RSI (2) has formed a bearish divergence in the overbought zone. A momentum shift can be seen at the ATH on the 1-hour chart. A bearish divergence has also formed on this...
Today's SPY Cycle Pattern should reflect a decidedly bearish overtone to price action. The fact that we opened with a GAP downward and have waffled around just above yesterday's closing price does not really excite me. I see price failing and waffling around in "no man's land". This video covers the SPY, Bitcoin, & Gold. Stay agile. I see the markets rolling...
Today's pattern suggests the GAP Trend portion reflects whether today's open is above or below yesterday's close. If today's open is above yesterday's close, then I would expect a higher opening GAP leading to a fairly strong rally phase today. If today's open is below yesterday's close, then I would expect a lower opening GAP leading to a fairly strong selling...
Today's blank SPY Cycle Pattern means there is no definition for today's pattern in the pattern library. I will dig into this a bit further. At this point, when we get blank days, it is usually a fairly rare and uncommon pattern that may not develop very often. That makes it hard to identify if there are not many reference points to determine what type of price...