Gold prices continuously increased in the first half of the past session, approaching the target resistance level around 1950. However, after the FOMC announced the results of the September meeting, it turned down sharply, creating bearish candlestick patterns. Notable ones include a bearish engulfing candle on daily and a bearish pin bar on H4. Current price...
⚡𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗧𝗿𝗮𝗱𝗲𝗿𝘀! 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗧𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝐆𝐨𝐥𝐝 𝐌𝐚𝐬𝐭𝐞𝐫 ⚡
Gold buy now 1961
Buy limit 1950
Target 1965
Target 1970
Target 1980
Stop loss 1940
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Hey Everyone,
Please see updated daily chart analysis.
We have drawn a channel using Goldturns, which is currently being respected by EMA5 and providing support. EMA5 is gearing for a MA21 cross this will provide the momentum needed for another push up. A failure to cross will see us test the swing range. Either way we have a long range Axis target at 1993, so...
Hey Everyone,
Another BOOOMING day for us catching the buy from the 1970 dip. We caught the Buy from the 1979 Goldturn level, when it created the Goldturn above 1978. This gave us the confirmation for support, together with our setup and plans to buy dips. This played out beautifully! This was banked at 2006 followed with plenty of scalping between 1995 and 2006....
We posted this daily chart with TARGETS mapped out a month ago.
We have now HIT all targets - 1857, 1900, 1927, 1952, 1977, BOOOOM !!!!!!!
The daily chart structure remains very much Bullish. We have also moved the swing range up and adjusted the Goldturn trendline to support our setups. The chart has room for retracement and therefore we will be using the H1...
Hey Everyone,
1884 and 1897 TARGETS HIT ! ! !
We took buys and banked on Goldturns and even caught the retracement down from 1897 before resuming back for 1897 again.
Although we are bullish and taking buys at this range we are also comfortable taking sell signals, knowing even if the Bulls take another run, its a range where we can still potentially get exits...
Hey Everyone,
This is a follow up post from the previous post on HOW TO DRAW GOLDTURNS (see related post below)
We want to now show you how we can use the Goldturn levels and share with you all a basic yet a strong Goldturn Trading Setup in step by step stages.
1 - Draw a Goldturn on the previous days Highest point for Resistance
2 - Draw a Goldturn on the...
Hey All,
Quick update from H1 Market review (see related post below) - 1824 Target HIT after we called it yesterday identifying the resistance at the top. We expected the drop which we got and now 1828 needs to be tested and EMA5 cross and candle body close to open up another round of the Bull targets and levels above.
We are now out of trades and only taking...
Hey All,
What a smashing couple of days. Those following us can clearly see the targets we identified (see related posts below) all HIT perfectly. 1816, 1824, 1828 H1 CHART targets done.
What can we expect now?
Although our last target of 1828 has been hit that does not mean 1834 is now open. We would like to see EMA5 cross above 1828 with candle body close...
Hey Everyone,
Just a quick share of our DAILY chart for end of play. This chart clearly shows our Goldturn trendline (Our unique way to draw trendlines) being respected. Ema5 has failed to cross below the trendline and it looks like todays candle will close above this trendline, securing EMA5 within the boundary.
Although we can see price break below the...
Hey All,
Quick end of day update. 1808 target hit and now we have some resistance here on this level. We will look for EMA5 to cross and close above 1808 to confirm movement to the next level at 1814.
1789 is the most recent Goldturn support on the H4 chart and also inline with historical Goldturn support on this level. This secures our Bullish structure above...
We posted this chart yesterday with updated Goldturn levels. We clearly marked the 1802 level that EMA5 needed to cross with candle body close confirmation to confirm 1808. This crossed and confirmed the target which was eventually hit today. Just like we predicted. We don't like to blow our own trumpet too much but we do draw some of the best support and...
*** Please use 3m or 5m chart for better view ***
We can all see GOLD is turning bullish right now.
Please wait patiently for the market to confirm by breaking the current resistance then we will enter at the pull back.
Well done to anyone who enjoyed profits from analysis yesterday. gold has hit the trend suppoort level in the 5th stage again at 1937 level. it will never return back again below the 1937 level so set ur tp well. i see a long run upwards.
Trade with risk management.
You will get an accurate entry on GOLD
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