Hello traders, The Gold Future is still increasing. GC takes each time an upward trend to reach a level (A, B, C, D) and after each one GC consolidates that level by a light decreasing trend or a trading range. Currently, after consolidating level D, GC will try to reach the level price of 1827. If there were important volumes of buyers we will record a new...
Hello traders, After yesterday’s record, the Gold future seems to continue in its increasing trend. Right now, we have a green high volume that is a sign of a new impulse. GC seems attacking a new target level price. So saving our buying position seems a good choice. for intraday trading, we sell at the first red volume and a red candle.
Hello traders, What about Gold Future!! Let’s assume that GC is taking an upward trend since 5 June. However, GC has broken that line trend down, and it is going again to the previous trading range. Now, we have signs that GC will increase again (this is for intraday trading) and try to reach level L1, and could break it and reach the trend line. If these...
Gold Future is evolving inside a trading range. For intraday trading, we have now signals of buying; we talk here about the higher volume and the wick of the candle that assure an increasing trend. The GC will try to reach the Resistance R0, after breaking the VWAP. If we have high volume we could expect a break of that resistance, which means a new increasing...
Hello traders, After having an increasing trend, GC seems entering in a new trading range. If the GC could break the trading range above it, in other terms, if it could break the level of maximum of 18/05/2020, we will have a new increasing trend that aims to reach the level price of 14/04/2020. Otherwise, GC will continue evolving in that zone or even go down.
Gold has now reached the target I gave in July of 2018. (see link below if interested). One possibility is that a 4th wave triangle consolidation is now over and gold has starting a final major wave up before a major correction. If so I would expect the price to exceed the high at "33". If however the price starts dropping from here and breaks the current uptrend...
USD index drop shortened 1300 delivery as least one week, we are expecting longer consolidation between 1280 and 1300. Clear bi directional trigger Suggest surf first two waves
Horizontal movement (1045 - 1377) on the monthly chart and possible movements ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
Double Re-penetration Pattern. Trade setup with Buy Stop position (EP) at 1337.5, Stop Loss (SL) at 1333 and Take Profit (TP) at 1342. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It...
Turtle Soup. Trade setup with Buy Stop position (EP) at 1336, Stop Loss (SL) at 1329 and Take Profit (TP) at 1350. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It is 7 Tick from EP...
Absorb Bear trend for Mega Bull trend. Minor correction. Trade setup with Buy Stop position (EP) at 1335, Stop Loss (SL) at 1320 and Take Profit (TP) at 1357. Money Management I have 20,800 USD in my portfolio. I can lose 10% of the port which is 2,080 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $20,800...
Gold has a massive surge and uptrend right now, with record high physical gold purchases no wonder every trader wants a piece. Simple trade from me for any investment vehicle - Bet up