The video explains the opportunity on the downside for the session (s) ahead given the test of a 50% reversion on the daily chart, and the hourly Gartley break of trendline support and structure.
GOLD is in downtrend on the daily chart and intraday, but it's looking too extended to go short. Ideas on where to start looking for a short entry as well as short targets are presented in the video.
This is not trade or investment advice, this is just me clarifying my own analysis in a video.
Gold is bearish.it has two main levels.1787 and 1779.1787 is a better level. Then there is a probability of missing this trade from a good position.1779 is a good position.In any of the entries stoploss is 1790.The level for given in the last gold analysis was 1682 that is broken down now.Tp can be set at 1760
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
I explain why on this particular time frame the 2H at this point in time there is a greater probability for the south.
Please note carefully for every probability estimate in one direction, there is a residual probability in the opposite direction (e.g. if 51% for the south there is a 49% chance for the north). There is no way I know to accurately assess or...
Gold has dropped further this past week and has reached an interesting level experiencing a slight pullback on Friday. Is this the beginning of the highly anticipated bull run or is it simply a slight retracement ? Watch the full video for my analysis. If you find this video helpful please make sure to also like, comment and subscribe.
With Gold finally continuing its bear run, we are faced with the question of where it will go to, possibly reach and why. In this video I breakdown my analysis from the Monthly timeframe down to the daily and provide my reasoning behind my bias and future projections. As always if you find any of my videos helpful please like comment and subscribe as I will be...
