What happened was exactly what I explained: liquidation of all buyers who were positioned in this bullish range, and a big cash grab at $2292. The price now seems to be rising again. Yesterday, we bounced on an Order Block at H4. The CHoCH on HTF will really be confirmed at $2,346, but if we break $2,328, I'll buy LTF again. Feel free to subscribe and boost...
The overall momentum of the market from the monthly timeframe is bullish. now we're having a minor retracement for a day trading long opportunity. also looking to catch a short trade opportunity when price get's to the right zone in order to realign with the monthly timeframe flip zone for a longer term long opportunity.
Dear Gold Robbers, This is our master plan to Heist Bearish side of GOLD mines. kindly please follow the plan i have mentioned in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is oversold at the level Bull Robbers/Traders gain the strength. If the market break the Dynamic support trend will continue to go down we...
Gold is tricky at the moment because it's uncoupled from traditional influencers, it is a form of currency and I think central banks buying gold as a possible hedge against any pending currency crises that might ensue either debasing the US$ or the problems the Japanese are facing with their currency woes. So I believe we push on higher but at a junction right...
Gold prices fluctuated sharply after the release of non-agricultural data. The highest point reached the 2320 line, but then quickly fell back to around 2277. Such large fluctuations reflect market uncertainty. At the same time, the daily chart shows continuous negative lines, and the short-term moving averages are also beginning to exert pressure. Therefore, the...
we made almost 430 pips from our area on gold by 4 positions this week on NEWYORK session last week with just 2 SL .last week i had a surgery on my stomach and i not in the mood .after all of happenings on last week now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we...
13 October 2023 this move started at 10484.75 and peaked on 8 March 2024 at 18709. The AI mania and perceived Fed 7/8 cuts took hold of the market. But even now that the potential for the 7/8 cuts have evaporated into maybe 0/2 the market continues to press higher. No meaningful correction has been seen, and after this week it's possible that we extend to the...
I have not updated this CL chart for a while but been playing out the way it was mapped out and i have updated the chart to include what i see now
Hello ! Here is my setup for the next week on Nasdaq. Main trend is very bullish, but as you can see, there is a bearish short trend. Also, this flag is a continuous trend pattern, that's mean I'm more waiting for a bearish move. So first signal we have is this RSI print, next signal for enter in a short is a rejection of the price on this level (2 TP). If he...
After His Correction , Gold is starting to Going Up Again
Hello,Friends! USOIL pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 81.20...
Hello,Friends! We are going long on the SILVER with the target of 28.667 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so GOLD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 2287.252. ✅LIKE AND COMMENT MY IDEAS✅
FX:XAUUSD decreases volatility, smoothly moving into a consolidation phase before the publication of NFP. The market structure is bearish and the overall fundamentals are negative. What should we wait for? Today is quite a busy news day, but all attention is focused on NFP. The gold market is locally bearish and set for further decline. Breakout of 2295 and...
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. The next morning I adjust the...
Last weeks levels provided to be partly actionable and price has immediately responded (See attached post). Comfortable holding this 50% long position with stop/target untouched. Will be looking for opportunities to buy the other 50% and increase risk as I'm confident in the bullish sentiment after last weeks Feds statement. I hold an underlying belief that the...
From a technical perspective, gold (XAU/USD) has been trading in a tight channel near $2,300. The 20 Simple Moving Average (SMA) remains flat just above this level, while longer-term SMAs maintain their upward slopes well below the current price. Technical indicators are holding within negative levels with uneven strength, skewing the risk to the downside. On the...
Gold is currently on the 4th wave. Within this weekly wave, it's also at daily 5th wave. We shall see a green weekly close next week. Bullish trend should continue until 2400 where we will see multimonth correction. My trading strategy for Gold next week is buy.