boys we have powerfull big trend in 1740 , many trader focus on it , if gold break low can melt to 1740(powerfull buylimit place with sl=10.00)
if you have old buy , put hedge sellstop in low 1770 (after sell open,dont close it in low,allow gold go down and back to up , open price ,then close it , give time to go upper)
gold next target is fibo 38% then daily sma200 then fibo 61% (green fibo in right side is growing fibo)
personaly near big trend 1820 i will sell with sl=10 trailstop=10 (if you want sell ,100% put sl and dont touch it)
if sl fill , big trend 1820 break,gold will fly up and big money traders start heavy buy and...
if your experience is under 7 year ,strongly advice dont inter this panic market(gold,silver,eurusd) ,go and rest this week until + up trend appear ,then looking for buy
AFTER I SPEAK WITH MY FRIENDS , CITI BANK TRADERS AND BIG FUND MANAGERS :WE FIND NO REAL THING BEHIND CRASH
mr pawell say :we expect (maybe, forecast ) change rate in 2023 (after 2 year)...
I just read an idea posted in Tradingview that this is the time to buy the EURO.
As well there is a lot of chatter about Gold being a gift at these levels.
This big move started this week. I believe its too soon to take a position in either one of them. This is not to say there won't be backtests as investors rush in. Looking at these daily charts gives you...
The sudden drop in Gold was expected (privately shared) within a circle. But what was surprising was the immense drop, spurred by the sudden spike in the USD.
Noted that there appears to be an inverse Head adn Shoulders pattern forming, and the neckline and extension is marked in purple.
Projection for down and a fast up to 2100 in mid-October 2021 (previously...
sorrily eurusd emotional go down,effect DXY dollar go up
DXY go up effect gold go down but soon will ease ( US10Y yield go down will push gold up in next days )
advice = buylimit above green arrow and hold buys min 20 day to near high (dont close soon with little profit)
Gold history from 1950 show if gold 50$ go down,100$ will go up ,see march 2020 crash
fibo 61% and fibo 161%(for find tp) are most important fibo on gold
lets see AC and stoch and ichimoku(not very important) on daily chart
ichimoku give buy
stoch is sell ,but going to buy in next 2-3 candel
AC is red ,mean trend is sell but going to green(mean up trend comming) personaly i am waiting AC daily ...
GC Daily time frame is in an up trend. The market
is making higher highs and higher lows. The daily
time frame is moving from a high price towards
a low price. Turning to the one hour time frame
and looking for the market to enter into the buy
zone will be a great idea.
There is an up Fibonacci extension above the live
market price point 1922.4 about +1,450...
AC daily red push gold down
if you cant buy before,put buylimit aroung 1842
if you have buy ,dont fear ,pull back is normal when you want pick trend (gold want create new double bottom (i was say yesterday)
after buy open ,10 day give time for grow,,,dont close with little profit like stupid new traders ,close thease buys sooner than 1960 show you...
becouse AC daily is red (AC 60min is red too),gold is range ,when AC turn green gold can fly up
strongly advice dont open reverse posation(sell for now) on gold,silver , instead reverse looking for buystop on high (4-5 pip above) ,buy in low
our main target for close buys =1960 support (can take 5-6 day)
i hope you can pick buy in low ,dont close it soon like new traders ,move sl to open price and wait 10 day
2 way can happen but both target is 1960
strongly advice stand on buyside,looking buy in deep , dont pick sell signals ,gold can fly up
if you cant inter buy , you must wait double bottom or buystop on 1904 trend break
after 1960 gold next ...
The direction of GC futures is UP but the 2D bar has opened with a SSTO SELL and that is generating an arrow signaling SELL. It is very unlikely that the SSTO will close above 80. I will still consider the direction to be UP until it does close.
There is the overbought (OB) trend noise balance (TNB) indicator on 1D-1W to confirm this
There is a 1M BUY weakness (...
you can sell now AC daily turn red , break trend stratgy have sweet sell tp=above 1840
but 100% put SL on high and use low lot size (sell is high risk on gold,silver)
in 10 posation like this i eat 4sl 6 tp
i personaly dont pick sell , i will wait to buy in 1840
-Why is the SPX a lie?
For starters it weights the 500 most desirable companies and, to continue, its unit of reference is the dollar... an "unbacked" currency (as crypto fanatics say with some reason... people so blinded by their infatuation that from a half-truth they are capable of elaborating truths of a ton or even more).
-Ok, and what do you want to invent,...
The GC one hour time frame is in a large up trend.
The market hit the up trend and is showing signs
of pushing bullish towards the daily up Fibonacci
extension price point 1922.4 about +350 ticks
Entry: Counter trend line break bullish in the
As long as the market stays above the long
term up trend line. It will be a...
Today, we will share with you a 4hs chart on XAUUSD
- In April, we opened long positions on the precious metal, and after two months, we are close to our expected target
- As you can see, after the breakout of the descending channel, we observed a straight bullish movement with an ascending trendline as the main structure of the current situation.