how we must draw our chart ? secret of stable ,low risk , long term win
1- frist go to daily chart , draw only vety important supports +trendlines + fibo ok?
then come to 4hour again draw them (dont draw all , only draw lines ,pro, other can see them)
then comes to 60min then 15min
2- on gold add SMA200 too and AC indicator (( in index like dow,dax...
The GC daily time frame is in a long term up trend.
The market formed a low price near the up trend
line and pushed bullish. The market broke and
closed above the short term down trend line. It
will be a good idea to turn to the one hour time
frame and to look for long ideas in the buy zone
towards the daily limit price point 1996.8
about +1,468 Ticks above the...
Whoo Hoo, only managed to drop $140 form where I was being told it was a Buy.
Yeah, nw, wrong again.
Peter, Lynette, Dave and crew can continue to wank the Bugs, it's healthy.
10year pulling back with DX will provide some taiwinds for the Yellow Dawg.
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Ultimately Uncle Kook will be coming for...
see AC indicator and pinbar exactly , they doing their job exclent , i have 2 buy still open 1- from 6 days ago 1800 and 2- today low , i move SL to open price , i try wait 7-8 day to 1915
technical say :in coming week gold will see 1865 but fibo 61% = 1915 is gold target , if it can break 1915 big trendline , door will open for 2100
if you dont have...
we can pick very very low size sell in 1853 -1855 area with sl=10.00 point trailstop=10.00
see AC indicator in daily chart , it is only indicator give buy in low ( price break laat high,low is important for AC)
gold target = as i say before in yesterday analyse = 1862 then 1920
alert= news can comes so 100% put SL , news not in my hand , for this ...
The GC daily time frame is in an up trend. The
market is at a low price just above the up trend
line. There is a down Fibonacci Gartley with
an extension price point 1781.7 about -300 ticks
below the market. The monthly and daily time
frames are showing the buyers are getting ready
to take control and bring the market up. It will
be a good idea to turn to the one...
A correction in the DX will provide Flow Info for Gold
should the Peak Inflation narrative capture the mindshare
short term.
Gold is on a knife's edge.
Boom boom directly ahead.
1780 to 1690 remains the lower range, with 1828 the
short term pivot, with 1888 the Key level for a retest of
the higher end of the short-term...
After reaching parity with the Swiss Franc Facta, the DXY peaked ST over 1.05.
Our TOSS level was 104.55, it has been met Short Term on a Throw Over.
It's nowhere near done moving higher, but for now, will range to digest a large
move into the Safety Trade
It did peak while sentiment was reaching extremes unseen. Again we do not
expect Extreme Fear readings...
wait 15min chart green trendline break or pinbar comes on high timeframe , then pick buy with SL=day low tp= upper red line near fibo 61% wait time = 7 day
reach SL in 100 pos like this condition = 15 reach TP in 100 pos = 85%
if you have old sell , close it now and looking for buy
note = gold in low can zigzag or range then start + up trend ,,,,...
if you have sell , 100% put SL on yesterday high , break it mean big + trend will start
if you have buy , wait until 1940
dont fear put buystop on 4hour last clear high near 1951
how always we must put SL= 20-30 pip under today low ( last clear low on 4hour chart) , after open and 10.00 point profit , move SL to open price ,let it go , shot down your...
On gold, we have observed contact with a daily trendline. What's next from here?
Today's post is about understanding the importance of thinking in terms of multiple directions and outcomes. Most of the time we focus only on one direction. "I think this is Bullish" or, "I think this is Bearish" But what if that's not the case? Do you have a plan to follow in...
in yesterday buy 1860 pinbar not come , trendline cant break we can pick buy , now low break mean gold going downer , so next low 99% is above green arrow specialy 1825 area is super golden place for low ( after buy sign come , pick buy , dont close it 6-7 day minimum to 1940 even 2000)
pick little size sell under 1852 possible with sl= last high 1867
...
SL under low 1850 wait time = 5 day tp= 1940 (if low break next buy is above 1930)
in 100 posation like this condition eat SL=40 , eat TP =60
you can wait pinbar comes on higher time or last upper trendline break to up in 15min chart , then buy
good luck , dont hurry up for close open order , sometimes pro trader wait 2-3 month !!!!
Far too many inexperienced traders /investors are touting the same tired
tag lines for Gold 40 years later.
Can Gold run to $3100?
Yes, one problem, Ramen will be $12.
Gasoline $10 - $12.
Tomatoes - $8 Each.
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Lug around Silver?
Sh_ts heavy, I know.
Used to own Tons of it, a total...
