high = 1869
guys , after touch , wait OK comes then inter , dont pick posation without OK
OK = pinbar comes on 1hour or 4hour or daily or in 15min chart , price break last up side trendline to up like 1hour ago , price break trendline (3angel)
under 1876 support and under red arrow pick very very very low size sell posible but after OK comes and...
HEADER - I ended 20H FINAL DRAFT hours ago. Stating that all longs have been closed. I am basically 300% short.
SUMMARY - Failure to get to 1891/1892 today guaranteed this scenario next. The only question left is when 1700 will come?
DETAILS - I will add later when I have time. But basically I see 1700 on 5/31, maybe even 5/30 (next Monday). Odds by...
Gold (XAUUSD) has turned the 4H MA50 (blue trend-line) into a Support as it broke the Lower Highs trend-line of the April/ May downtrend. As you see this is now the Pivot line and last week it successfully held as Support upon testing.
The 4H RSI got rejected exactly on the 70.00 overbought barrier and should turn neutral as the rise will most likely continue in...
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...
This Point and Figure chart shows that gold may be in Wyckoff Phase C. It is still a little early to say for sure, but there are some positive signs. Supply has been reducing over what looks like Phase A and B, which is consistent with an accumulation structure. There has been reducing supply into the prospective Phase C. If the structure were distribution, we...
Gold has extended its visit in the green zone between $1814 and $1847 and has reached its upper edge. Here, gold has finished wave 4 in green and should turn downwards to head for the orange zone between $1707 and $1657. There, it should complete wave 5 in green as well as wave iii in orange and start a countermovement in the course of wave iv in orange...
As anticipated Friday, Gold fell through support at $1815, and fell through the vacuum zone to $1795. We actually dipped a bit further, to test support in the $1780's before equilibrating back at $1795. We were confident that this would happen since the range between $1795 to $1815 was a previous value area respected last year. However the Kovach OBV is still...
Gold has been in a four week retracement, with the greatest momentum this past week, pushing down to near 1800.
The weekly and daily technicals suggest more downside to 1765, where the next support lies. Watch these levels for a possible consolidation / bounce.
Clearly, this retracement is deeper than expected, and would require a quick rebound to resume the...
HEADER - It's 1840.55 as I type this and 12:03 PM on the east coast. Gold really needs a strong close to keep this realistic. Final draft because gold is running out of time to make a new May high. I'm running out to time to prove this process worthwhile to some important people, and they don't seem to be too interested. Sigh... May 25th is FOMC minutes, May...
HEADER - This is second draft of 20H.
SUMMARY - We don't have a bottom yet. The clock on this move running out. This is the only version of this move left that fits the curves.
DETAILS - See 20H link below for background
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...
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...
Last month I was stopped out on a bullish setup on gold, that was looking to get exposure to a new bullish movement above the previous all-time high zone. However, the setup didn't go as expected and my stop loss was triggered. Remember, always let your stop loss gently take you out of the market, and assume that controlled loss. Now is time to redefine the next...
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...
HEADER - It should be much closer to this vs. 21B.
SUMMARY - Again, barring a very, very, very, very late miracle of 20H DRAFT 3 playing out, this is how gold goes down. Maybe for A VERY LONG TIME.
DETAILS - Links for 20H, 21A, and 21B are below. I have a small hedge that pays for all my puts if 20H decides to play. Besides that, I am all the way in short...
Gold (XAUUSD) has been trading within a Channel Down since its March 08 top due to the 'fear' mix of war and inflation. On Thursday it broke below its 1D MA200 (orange trend-line) for the first time since February 07 2022 and Friday saw the price touch the bottom (Lower Lows trend-line) of the Channel Down. Today it marginally broke below it, with the 1D RSI...
