We buy gold soon.
Waiting for Pivotal BL4 transition cross to know exactly where.
We will aim 1208 and higher.
Wait for update, I will let you know when I open trade.
3 options for this.
a short position can be taken on a break and close below the 1200 zone which would open up the bottom and create a nice short position for 100-150 pips if not more.
a long can be taken after a break and close above the 1205.5 zone. This would open up the window to retest yesterday high. As well DXY looks to be pulling back up on the daily to...
I would like to see price come down to the intersecting area of 1209-1210 but also hold above the trend line that starts back on the 11th of the month. Momentum would need to cross above the 2.8940 resistance line also which would open up a long position opportunity targeting the 1230-1235 area. The market must hold above the trend line and momentum must cross...
If gold come to red box you can close your buy there if you take it on opening.
But I use that to sell more gold for 1206.
And one sell is already running.
This is a BL4 class target so not intraday, can happen today, tomorrow.
Sell gold.
Hello.
Wanted to tell some things based on my experience and the way I am working.
Markets nowadays are so manipulated and driven by computers and algos that it become even more risky to trade. Especially when it comes to gold. Gold loves SL's, margin calls and stop outs.
Forex is a legal SCAM and you have to acknowledge it. Nobody cares where is your TP and that...
Gold come to 1223-1235 area.
These two levels represent the end of alteration levels.
Gold need to overcome it to see PV target 1430.
If it doesn't look to sell on smaller timeframes.
Gold need to reach 122x.xx
Buy Gold Monday right on opening and use these two alteration levels 1223-1235 as TP's
Gold reach my target 1208 that I mention in couple last ideas.
If gold pass 1208 transition then we see 1250.
If gold get rejected then we see last low and maybe new one.
Trade active.
Good Luck.
Gold leave many unseen target on this way up.
Read it as a sign that bull is not healthy.
PV target is 1430 but I think Gold not ready to see it yet.
This month most serious keylevel zone is 1196 - 1205.
I want short gold for 3 unseen targets on chart.
Taking it as one more leg down, and then loading for PV target.
For now waiting to get in this zone!
Make...
Took time but first time in 2 months close above all pivots. That could confirm the bottom on my table.
I had bad days with previous set and forget trades.
So giving a 2nd chance now.
1430 PV 1180 PV target.
1180 was met first.
1430 never seen yet.
Longed on opening
Longing at 76
Longing at 69
If price offer the chance.
Good Luck.
Still interested in short.
Last two trades bring enough play money so if 3rd take away a portion of it no big deal.
Gold may do fake breakout.
Once gold break 65 traders think it go up. But risk zone remain till 68.
Interested to short@
1160
1163
1165
1167
TP open.
If gold break keylevel it is confirmed reversal and time to set buy as all pivots then go below...
