Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
FOMC:
This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price.
We can see that...
It is Pitchfork indicator at 4H timeframe.
Using the indicator to identify positions entry (SHORT/LONG) is paying off. Mainly in an uptrend direction.
"not a financial advisor"
Hey All,
Update on the daily chart timeframe, we already identified the Bullish structure on Daily chart throughout and it continues to support our setups.
The Goldturn trendline has been supported well and as long as EMA5 remains above the trendline, it is safe for us to take buys from support. We had a break at 1799 with EMA5 cross and candle body close,...
In last weeks KOG report we said we would be bearish on Gold and target the lower KOG targets as long as the price stayed below the 1830-35 price level. We said we were expecting Gold to create another high on the chart higher than the week before. We said we would be looking for the price to open and test the low then begin the incline into the higher...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 short term trading alerts
3 steps must fullfil before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the sky
Trading alerts always available to give
Good luck traders....
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Technical:
The near–term support is around $1815, violation below targets $1800/$1770/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1835, any violation above will take to the next level $1860/$1877/$1912 is possible.
Markets eye US CPI data on Thursday for further direction.
DISCLAIMER: ((trade based on your own...
Here is an interesting comparison of the 3 charts. If the history of these charts has taught us anything, there is going to be a rise in rates on a real rate basis more so than actual rates. What is more interesting is how this real rate rise will influence gold prices. Now gold isn't bitcoin, they are the exact opposite things. One is front-loaded with energy and...
Hey All,
Quick update on our TARGET - 1816. - BOOOOOM. What can we say once again we called it and we called it one way (see related post below). We banked at 1816, which was identified with a EMA5 cross and candle body close leaving a gap to Target.
We will now wait and sit back to see how EMA5 challenges 1816. If we see a cross with a candle body close above...
KOG Report:
In last weeks KOG Report we said we would remain bearish on Gold. We said we would be looking for strong bullish momentum in the early sessions of the week targeting 1806-10, 1824-6 above that. We said these price regions would represent opportunities to short the market and target the lower levels 1797 and below that 1785. Well, you can see what...
Gold is trading near support zone from last 4 trading sessions.
Breaking any side out of this range will trigger fast movement.
48000 level is breakout level for this range. One day closing above 48000 will trigger buying,
Buy above 48150
Sl 47950
Target 1 - 48300, 48750
On the flip side 47500 is strong support and closing below this will trigger strong sell...
This is our view for NFP today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price.
We’re going to start...
Fundamental Analysis: There are many factors Many factors and supportive reports play a role behind the job market report, especially the NFP report. That's why it is hard to figure out how will be the upcoming report.
But ten economic reports that analysts and economists use to guess the upcoming NFP reports. So let's check them out.
Previous NFP report: ...
Markets eye US ADP employment change data today for further direction.
Factors to watch for gold price action-
Technical:
The near–term support is around $1780, violation below targets $1770/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance of $1810, any violation above will take to the next level $1835/$1860/$1877$1912 is...
