I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
Thursday started off promising with Gold hovering around the 1242 level. But then the dollar DXY broke out above the midpoint of the BB and Gold fell, closing the day below the 6 day moving average. At it's low, it touched the 8 day moving average were I am sure many people had their stops. As the Friday session begins in Asia, Gold continues to fall....
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
Here are some long term scenarios that I think are possible to happen. My opinion is based on Price action ( daily charts ), yearly (composite) Market profile and fundamental analysis.
Here are some long term scenarios that I think are possible to happen. My opinion is based on Price action (daily charts) and yearly (composite) Market profile
Gold continued to move higher today, closing at 1243.1, a gain of 7.9 points for the precious metal. The US Dollar Index $DXY fell today which helped fuel Gold's rise. As I pointed out yesterday, the dollar had closed under the midpoint on the BollingerBand after having tried to break through that line of resistance and I thought that it would move lower today....
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my swing levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my swing levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)