Gold successfully broke and closed above a key horizontal daily resistance yesterday.
Our next strong resistance is based on the All Time High.
I believe that the market will keep growing to 2140 level.
I really want to see a pullback first though, to buy the market on a retest
of a broken structure.
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Gold suddenly bounced on Friday, forming a high momentum bullish candle on a daily.
The market closed on a key horizontal daily resistance.
Bullish breakout - a daily candle close above 2088 will indicate a further bullish continuation.
Wait for a confirmed breakout to buy.
Alternatively, we may see a pullback from the underlined structure.
I will monitor a...
Good evening gold gang ... wow its really just straight bullish action
Theres nothing we can do but wait for the best time to buy for the final 300 pips to all time high
The 2 best buy zones are on the chart .. i believe we should hit ATH before NFP friday
Until then ... lets just watch the carnage unfold as fellow retailers fomo in the buys to push us up .....
good evening gold gang .. we are back for another week and an attack on all time highs!
A massive expansion on friday means we are sat very high up near ATH with not much data to go off .. so we need to wait for some structure to form
i will need price to come down to the 2050 before i can buy back in to take it up to the highs.
Selling ill need that 4h to...
Multiple time frame analysis for Gold.
Key levels, price action.
Trading plan.
Potential scenarios.
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Good morning gold gang ... what a great day yesterday was taking our first loss of the week followed by a recovery and profitable trade to keep us in the blue once again
today we are still stuck in this terrible range! ... waiting for news to push us out so we can trend once again. Now is not the time to get frustrated .. cool heads required for us to be able to...
Gold remains very weak for 2 weeks.
Analysing a daily time frame, we can see that the market is consolidating and trading
within a very narrow range.
The last 4 daily candles are even trading within the range of a strong bullish candle.
That is a perfect example of inside bar formation.
Depending on the reaction of the price to the boundaries of that...
Whats up gang!!! another profitable day but wowwww was it boring .. price stuck the range again .. we need a breakout soon!
Price levels same as yesterday as we didnt move today at all .. hoping to get to one of the major zones here for a buy or a sell .. not bothered which at this point lol
hit the like if you got in with us today!
catch you in london
tommy
Good evening gold gang .. what an amazing day .. i know i say that a lot .. the accuracy on those buys in NY session was just insane having marked it up last night for it to react so strongly!
Did you get in with us?
All in all we are still in the weird range with no clear direction .. im still bearish overall looking for big sells but we keep coming back up...
Good evening gold gang! its that time once again where the madness starts and we get into some action in the gold markets
Last week we closed above the key level of 2015 with bullish intent .. but with no major news coming from the warzone, i dont think we can stay bullish.
Id have to see price break 2040s area to confirm bullish
Im looking for sells and the...
Here is my latest structure analysis for Gold.
Horizontal Structures:
Resistance 1: 2054 - 2065 area
Resistance 2: 2077 - 2088 area
Resistance 3: 2142 - 2148 area
Support 1: 1984 - 1992 area
Support 2: 1965 - 1977 area
Support 3: 1932 - 1938 area
Vertical Structures:
Vertical Resistance 1: Rising trend line
Consider these structures for pullback/breakout...
Good evening gold gang and i hope you are well! A great day on the charts today catching lovely sells after a strong push up to the sell zone algo in asian and london.
Reason for not taking buys .. no opportunity to get in .. you can only get in at the optimal zones .. not while price is pushing.
Tomorrow id like to take buys, but i need price to come down to...
Good evening gold gang hope you are well ... price was super slow today with USA bank holiday .. but we managed the sells that ran for near 100 pips in the end .. just shows the power of the algo levels
We need price to start moving again to gain our weekly bias. Its looking bullish so far, but ill need to see breaks above the 2031 to confirm it for me
bounce...
Multiple time frame analysis for Gold.
Daily/4h time frames analysis.
Price action.
Important key levels.
Bearish outlook explained.
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Good morning gold gang i hope you are all well and had a great weekend .. its back to work time!
What happened at open? some crrazy spike by the look of it?! cant see anything in the news .. just a 100 pip jump down before a push up in asian session.
Right now we are at my optimum selling algo just waiting on confirmation to sell down to a decent buy zone as...
Yesterday's US news turned out to be very bearish for Gold.
The market formed a high momentum bearish candle and violated
2 horizontal support and a major rising trend line, and successfully
closed below them all.
The broken structures compose an expanding supply zone now.
We may see a retest of broken structures with a consequent
bearish continuation.
Next...
wowwww what a huge move! .. straight in the direction of my bias .. but i didnt catch it!
When price is moving so quick .. its hard to get an entry to sell as there are no pull backs .. but i am learning with gold that when its moving with news .. just jump aboard the train and ride it .. so thats what ill do next time
I tried a could scalp buys and lost them...
good evening gold gang, wow what an amazing analysis catching big moves today on gold. Pin point perfection. Gold gang eating good
We need to avoid the range highlighted in the box .. its rough. Leave it until it breaks out!
Im still favouring bearish action currently so id like to see closures down below the 2012 .. im gonna wait till we get down there before...
