Well although we touched 1277-1276 and bounced up, this is not a very promising bounce.
Good things are:
EU is heading higher today, means that even though Gold is lagging to follow, means it will follow up in few.
We broke Tendency level 1287 upwards, so even after a pullback the tendency should be up ( although at 1288 stronger level was located so it may...
Sell is almost completed! Those selling the 1299-test-back should trail the stops or have BE.
Because if Gold is Bull then at 1276 it will stop and continue back up.
1276 is a Gate level! So if 1276 broken by 1$ and Gold goes up, that means that 1254 becomes a target that doesn't have to be reached right away but can be reached month + later.
If there is pip in a...
Beautiful Swing L at 1299.
1299 is more than just a simple level.
It is a tendency level + dynamic level that means 1299 should be reached + if broken downwards it gives a bearish sentiment, but if you go long from it and it breaks, there is a 99% chance of a test-back, meaning that you can close the long entry with 0$ loss.
If 1299 broken downwards by 2$ there is...
Although I posted an update about these levels, I will chart it for my personal Journal!
As far as it cannot break 1293.9 by 1$
+
1296
Gate to 81-77 is open.
I am not trading the short side!
I remain bullish for 1322 - 1348 - 1378
I will buy elsewhere above or if Gold provides 81-77.
Intraday remains bullish but somewhat exhausted! So the break of 93 and 96 is...
Not a secret I have mentioned two PV big targets back in the day 1180 and 1430.
1180 came first when 1430 will be hit remains a secret.
But here is the thing, how big are the chances that 1430 can be hit because of these geopolitical tensions?
No questions asked that Gold is going for 1348 and 1378.
But when these are reached, what's left to reach 1430? "...
Today on opening Gold should move up without breaking 1290, one can buy right at opening!
And close should be above 1300 if we can break 1299.
Other than that of course Aim for 1322 as the first target, then 1348.
Don't forget 1277 is a target as well, but I believe we will go for it after a month or so somewhere from Highs.
GL.
All trades and setup can be seen...
Morning outlook - XAU/USD surges by 1.8%
Due to another round of heated rhetoric between Donald Trump and Kim Jong Un, the yellow meatal appreciated against the buck by 0.93% just in one hour and then continued the surge. As a result, the pair started new trading session above the 200-hour and the 61.8% Fibonacci retracement level, which previously formed strong...
Hi traders,
Here we have a nice MM move with that daily wick after NFP happened. I always try to keep a close eye on this type of movement as it changes trends. This makes this entry a very nice RR trade.
MACD divergence
MM daily wick
Heavy support at current price level
Here's what I think :
XAUUSD LONG:
ENTRY : 1273.87
SL : 1259.93
TP : 1315.70
Trade...
In the previous post, I wanted Gold to prove it can be bullish with breaking 77 and 82!
Although I tried short, sentiment immediately changed after 1$ break of 1277.
And of course after breaking 1282!
I would keep buying every daily close without looking at possible dips as they all should be considered as an opportunity to add!
I will update swing L's...
Last Month First Move was up, SELL
This Month First Move is down, BUY
I will monitor 1264-1260 for buys!
My targets will be
1282 - 1311 - 1322 - 1348
Of course, will monitor intraday for confirmations and daily swings!
If 1260 area is not broken, don't miss the trade!
Since 2-100k challenge is fully Live, all my actions and trades can be seen instantly.
The...
Hello, guys!
The Moment that a lot of you have been waiting/asking for.
I have spent 2 years in Tradingview now, and there are two things that made me somewhat popular here.
Transition trading and HFT trading.
This post is for those following me for a longer period of time. I won't go over it all for newcomers.
Transitions ain't dead. They are just stuck...
Hello.
By 0-5-9 rules, if invalidation level was broken, the price has to travel at least 20$ more down.
But there is one But. After invalidation level is broken in order to travel down, the price cannot touch/test-back invalidation level. Gold touched 1277.
Such test-back brings more options, such as a possible test of 0-5-9 pattern sum ( 1290 ). Test back...
One of Those days where there could be a bull, but for that:
Tag 1280.xx
Have a volatile break of 3 pivots upwards calculated from the 0-5-9 pattern.
In quant mathematics 0-5-9 is used in most frequency Trading robots used to identify reversals.
In most cases, such pattern needs a fundamental catalyst.
Failure to break 3 pivots or break of the 0-5-9 base level...
