if you have buy put sl in low or hedge (sellstop in low) gold like eurusd want crash
dont forget buylimit near 1740 powerfull trend and hold it 20-30 day (winrate 90%)
1-switch trend on gold = gold always after crash , 2-3 day turn range then start go up to 1820
in down we have big trendline in 1740 - powerfull support in 1675 - then on weekly chart fibo 61% in 1450 $
2 in comming week if gold break low 1770 can go to 1740 (powerfull buylimit place with sl=10.00) then start powerfull trend to 1920 then 1960
take look open...
big fund ,larg banks(brokers) use it to predict future
backwardation=gold futures price GC1! - gold spot price
when it goes up show larg banks,big fund start buying in futures market
whenit goes down show larg banks,big fund start big sell in future market
now we have high backwardation in 2 days ago , show big banks,big funds start huge buying ,...
in 15min chart , after price touch upper trend and pull back(red candel) put buystop on candel high(little above high)
sl=1882 or low
tp1=1920 tp2=1960
in 10 posation like this i eat 4sl 6tp eat SL not bad =exit bad posation soon
my analyse 60% (in trade we dont have 100%) is true ,please put SL and dont open big lot (1000$ max 0.02lot)
keep...
on weekly chart ,you can see flag pattern break ,technical and wee predict gold going to 2400-2500$ in next 6 month so be carefull ,gold can start go up 500$ witout pullback(dont allow you close sell ) this happend in july 2020
in comming week ,next days we predict gold little go down to 1850 or 1800 (buy place) rthen will start powerfull trend to 1920 then...
green arrow=powerfull buylimit place
red arrow=powerfull sellimit place (not advice pick them,higher risk)
for comming days buyer pressure , energy + will be high ... Bill wiliams crated AC accelator occilator (or stoch 7.4.4) in daily chart and 1 hour show buy (when on daily chart AC is green mean + trend,buyer comming)
save in your mind=
our signal...
assume now we are in green line,cant see right side of it
for up target= on 1hour chart find last clear down leg (V shape ) then draw fibonanchi from high to low (enable 161% and 261%) now 161% place many big money traders put TP (like today) if it break buyers next target is fibo 261%
can we put sell limit on 161%= no gold is super trendy ,reverse on it...
trend and fibo 61% but 100% put SL in low
as we predicted ,gold finaly fly up , today + trend start verfied , still we advice stand on buy side,looking buy in deep ,low
stratgy =AC (accelator occilator) and stoch 5.3.3 in 1hour chart when goes down,full ,put buystop on last 1hour candel high
monitor AC(or stoch) in 1hour and daily chart
target= EMA200...
all movment final target is fibo 61% 1850
ichimoku show powerfull up move comming,price is above red line of ichimoku,this mean we must looking for buy
on friday gold go down to touch Ema200 1 hour(green line) now is in + pullback going to touch ichimoku cloud
Ema200(yellow line) is in up 1795 Sma200 is upper 1857(on gold sma200 is most important MA, many...
all sl=8$ tp=1922
from 1980 gold trend is + so all robots,company looking for buy on it gold cant go down easily like dax,dow
on time daily, we are in correction, i see gold in 2000 soon then 2400 so dont fear to buy and hold it minimum until 1922
in h4 you can see U shap (down,range,up) so gold can fly up , be carefull from sell and dont remove sl...
if dax can move up ,,,,gold can touch 1800, if you want buy ,wait near 1800 buy gold and hold it to 1900$
dont hold buy,gold can break ,crash hard to 1700,,, like 1.5 mounth go
AC show divergance and gold fill all target , in other side german dax(gold trader ,trade gold against it) want move up 13500(fill gap) ,so gold will crash
dax sumbol=fdax1! or fx:ger30
GOLD WILL BE ZIGZAG IN JULY EVEN AUG 2020
IF CAN BREAK 1800 IT CAN SEE 1700 THEN BACK TO UP (by zigzag trend )
FOR FIND TARGET USE TREND BASE FIBO EXTENTION IMPORTANT LEVEL=61-100-161%
in metatrader , right click on menu( line drawing menu) and load it ,draw it on last N
fibo raytrace is for N inside, fibo extention is for N out(target)
