Good evening gold gang .. hope youre all well. What a strange day for price!! No trades taken for the gold gang apart from a small scalp for myself that was high risk.
Why is price behaving so weird? I believe its because both gold and dxy are both at very important price levels, as per my strategy, and are accumulating orders here ready to enter the final...
GOLD made bearish, and it's in the consolidation phase.
If you look at how the market moves, we can see it made sharp moves, then paused, then continued.
Price has already made a downward move, and possibly it is a pause phase.
If the market breaks and closes below the recent support, it will likely continue trending down.
------------------
Share your...
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.
As you know, I was bullish Gold all week and also bought around 1930.
Unfortunately, my buy trade was closed with a low when XauUsd dropped under 1920 2 days ago.
At this moment, I'm out with no trade running, but my bullish bias remains.
However, for opening a long trade I need more confirmation and this comes with a break back above 1935, which at this moment is...
Hey Everyone,
Quick update on our 1H chart route Map
Price played in a tight range today within the swing range structure. We got a nice bounce from support into 1923 Goldturn, respecting the level to perfection.
We suggested once again yesterday that these weighted levels like our algo generated swing range, will provide a reaction of 30 to 40 pip bounces....
Good evening gold gang! .. what a day today with trades in asian (reversals from level) to continuation and reversals in NY .. all planned last night! So if you're not following .. what the heck are you doin?
Unemployment claims news tomorrow which is always fun! .. DXY is approaching a major level for me so if dollar news is positive .. then we will tap it .....
GOLD is in the consolidating zone following the drop from the resistance.
Since the trend is bearish, we keep looking for selling opportunities.
The kill zone for shorting opportunities has created dynamic resistance at the 1925.
We anticipate a pullback to resistance and to short the market from it.
-------------------
Share your opinion in the comments and...
Hey Everyone,
As you can see from yesterday updated. The cross and lock below the retracement range opened the swing range for a challenge, which was tested perfectly.
Throughout the week we suggested these weighted levels like our algo generated swing range, will provide a reaction of 30 to 40 pip bounces. This played out perfectly giving a clean 40 pips plus,...
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.
Life is in the world, and the grass and trees are in the autumn. Whether it is a happy time or a sad moment, time is moving forward without hurry, and it will not stop more for anyone's nostalgia, nor will it speed up the pace because of whose boredom. Life is not satisfactory, the self in the past life is no longer speculable, the current self is experiencing...
In yesterday's comment, I wrote that although XauUsd could drop to the 1930 zone, I will remain bullish and buy the dip, and I did.
At the time of writing my trade is floating with 30 to 50 pips loss and, although I would have wanted a straight-up arrow after my buying, I'm still bullish.
As we can see from the chart, after Gold dropped under 1900, a 700 pips leg...
Gold (XAUUSD) may have formed a Golden Cross on the 4H time-frame but the bullish effect can only be short-term as the Falling Wedge pattern limits the upside below its Lower Highs trend-line. Regardless of that, ahead of an emerging 4H MACD Bullish Cross, we are using this opportunity for a quick buy that targets 1947.50. A closing below the 0.5 Fibonacci...
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.
Good evening gold gang! hope you are all well. Another great day in the markets today for myself and the gold gang ... forecast was correct and sells were presented to us in the NY session and ran for near 100 pips. Congrats if you got in
Tomorrow we have some news finally! so lets get some volatility back in the markets after a couple relatively slow days
The...
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.
GOLD market is making lower highs and lows.
Price created a shorting opportunity where we have resistance and a fibo level that line up with it.
If the market pullbacks to a resistance level, an engulfing candle or pinbar is going to be a good signal to short the market.
------------------
Share your opinion in the comments and support the idea with like....
Hey Everyone,
True level to level tracking of our chart idea. Yesterday we stated price was playing tennis between both weighted structure 1926 and 1945 and one of them needed to cross and lock to confirm breakout to next structure.
No lock above 1945 and so we saw a rejection followed with a test into the 1936 retracement range, which gave a 30 pip bounce....
