Hey Everyone, The bearish continuation from Friday followed through today with price heading straight into the highlighted retracement range. This weighted level gave the 40 pip bounce as suggested. Even against the trend our levels provide the bounce from the weighted levels, allowing us to track and trade the movement with or against the trend. Ema5 broke the...
Gold turned very bearish after NFP release on Friday. The price attempted to violate 1997 - 2008 horizontal support and closed within its boundaries. I believe that we gonna see one more of its breakout attempt next week. A daily candle close below will confirm a violation. A bearish continuation will be anticipated to 1977 then. ❤️Please, support my work...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We have been safely riding the move up last 2 week from dips and then tracking the movement down last week. We are now seeing price test a weighted support structure 2001 - 1990 with a immediate bullish target open at 2012 and a retracement range target at 1990 However, we...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We have been safely riding the move up last 2 week from dips and then tracking the movement down last week similar to our 1H chart idea. We are now seeing price test support above 1999 Goldturn with a immediate bullish target open at 2014 and Bearish targets at 1999 and a...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading for a number of months now. We had a smashing few weeks hitting all our Bullish targets all the way upto 2137 inline with the channel half line. We failed to see the half line break or a break above 2137 with ema5 and therefore price rejected here for a drop into...
Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July and now completed this chart idea hitting all our targets perfectly with a perfect finish on the channel top. - BOOOOOM!!!! We are now seeing the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still...
Today we are expecting the US NFP report. Here are the potential scenarios for Gold. Bearish If the price drops and closes below 1998 key daily structure support, it will be a strong bearish signal and a further decline will be anticipated at least to 1978 Bullish The price formed an inverted head and shoulders formation on a 4H time frame. Bullish breakout...
at level 2060 USD as previsous TOP , We notice some weak of bulls as we can see the divergence on CCI mixed with Pin Bare on Weekly timeframe we expected a possible breaking uptrendline for the next three ou fours weeks. TP and SL are clearly showing
Gold hit the bottom of the 4H Channel Up and the 4H MA200 turning neutral on 1D and bearish on 4H (RSI = 37.407, MACD = -6.030, ADX = 14.273). The 4H MACD also indicates that we are on bottom territory so we expect a short term rebound and we're bullish targeting the 4H MA50 (TP = 2,035). As long as the designated dashed Channel Down holds, we will then turn...
Hey Everyone, A piptastic finish to the week for us hitting all our Bullish targets!!! We the saw price drop down for a correction clearing all our bearish targets and yet respecting our weighted level supports for 30 to 40 pip bounce as suggested all week. Our swing range weighted level did exactly what it says on the tin, with the perfect swing to 2032, as...
Today’s Nonfarm Payroll report is expected to show 180k new jobs created in November compared to 150k in October, while the unemployment rate is expected to remain unchanged at 3.9%. A lower-than-expected number will underpin expectations that the Fed will start cutting interest rates at the end of Q1/start of Q2 next year. The latest CME Fed Fund probabilities...
Hey Everyone, After completing our 1H chart idea, please now review our 4H chart idea, which also played out perfectly hitting all our Bullish Targets followed with the bearish targets and then to finish off our 4H swing range gave the perfect swing allowing us capture pips safely using our strategy to buy dips. The level to level break and locks allowed us to...
Hey Everyone, Another great day for us on the charts!!! We highlighted yesterday the test on the swing range and the expected swing. Our swing range weighted level did exactly what it says on the tin, with the perfect swing to 2032, as highlighted by us on the chart. We are now seeing price test this level and will likely play between this range 2015 - 2032...
Here is my latest structure analysis for Gold. Horizontal Key Levels Resistance 1: 2142 - 2150 area Support 1: 1998 - 2009 area Support 2: 1963 - 1977 area Support 3: 1930 - 1938 area Vertical Key Levels Rising trend line - daily candle close below that will turn that trend line into a vertical resistance. My focus is on a trend line at the moment. We...
Yesterday, gold prices saw an inverted deep V-shape reversal. Gold prices surged sharply higher in morning trading, hitting an all-time high of 2145. Subsequently, they fluctuated downwards, stopped falling around 2020, and finally closed with a full bear candle with a long upper shadow. At this point, the gold price trend has also shown signs of a top, forming a...
Hey Everyone, After completing all our Bullish targets yesterday we stated the swing range was open and a full test was likely. We got the swing range test today also completing all bearish targets, which was respected perfectly and, as usual we got the 30 to 40 pip bounce!!!! We will now see either a full test back to 2032 or a break and lock below 2010 will...
Multiple time frame analysis for Gold. Price action. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
Gold reached ATH!!! Here is my buy zone and target! Play safe, i would NOT short this!