📉 Text marks: 🔹IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹ph, pl = protected high or low, which holds current structural impulse. 🔹bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹rsz, rdz = refined...
gold sell, dear friends, as we trade against the trend so plz take risk 0.25% of your capital....money management is the one and only key in forex !
Gold has started the year in a very bullish tone, and after an initial drop to 1825 old resistance, confirming it as support, rose again strongly on Friday, just to close the week to the high of the range. At this moment, the bullish momentum is strong and selling would be very dangerous... However, looking at the daily posted chart we can see that Gold is trading...
Hi Everyone, NFP will be released in less than 25 minutes and I think the chart is showing us a good opportunity to place a sell limit @ 1845. Reasons for this trade: Liquidity has been created just below the Order Block. Order Block appears to be intact.
Gold price continues to rise, organized inside new bullish channel that appears on the chart, noticing that stochastic gets rid of its negative momentum gradually, waiting to motivate the price to resume the bullish wave that its next target located at 1900.00. Therefore, our bullish overview will remain valid and active unless breaking 1820.50 and holding below...
The 1870-1880 zone could be the point of reversal for Gold and rallies in that zone should be seen as good selling opportunities with a target around 1820.
Dear investors , very nice set up for sell , our entry @1.4325. SL=1.4400, TP = 1.4200. My golden rule is per trade 1 % risk !
I was bullish Gold since the beginning of the year and, in the last 2 days, XauUsd has risen 400 pips from the bottom to the top. However, with a very important resistance zone between 1870 and 1880 and the fact that the recent break is from a triangle (termination patterns), I expect a correction soon. That being said, I m looking to sell rallies in the up...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Yesterday was a very interesting trading day for Gold... After the price has broken above the resistance, XauUsd quickly reached 1850. Great volatility followed with a drop of 200 pips and recovery again. However, bulls reacted very well and kept the price above the recently broken resistance, which is now support, and this outcome gives scope for more gains...
As I explain in depth in my video analysis from Sunday, I work with 2 scenarios when it comes to Gold. At this moment, it seems that we are in the bullish scenario with XauUsd price above the triangle's resistance that contained it since the mid of December. The target for this pattern is 1880, which is also an old important resistance on the longer term time...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
In both my written and video analysis from yesterday, I said that a top could be in place for Gold, and, as long as bulls are unable to close above the 1805-1810 zone the odds are in favor of a drop. Yesterday the market was quiet, with XauUsd trading in a tight range (yes, 150 pips range for Gold is quiet:) ), and, with the trading range tightened at this moment,...
Lets watch how it goes ) It's gold idea, properly technical analysis and ema corssower and engulfing candlesticksss
I'm waiting for the channel to break. Entrance: after breaking the channel, around 1790. TP: first at 1770. P.S. This is not financial advice of course
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
IDEA/PREDICTION PRICE 1780.00 (SHORT) - continuation - impulse corrective impulse - MAX SL 500points 1785.00 - MAX TP 2000points 1585.00