Good evening and i hope you are well.
bull case: Everything above 2100 is uber bullish because most long term bears already covered, so we could range much more at the highs. Bulls see the sell off by the bears today as weak and they keep the buying pressure on. If you look at the 1h chart, we currently have wild swings up and down on some 1h candles. Some are...
For your Analysis and Study only
If Sustain above 2177 then 2183 then 2185 to 2187 then 2202 then 2211
If Sustain below 2171 then 2166 then 2154 then 2144 then 2137.0
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not represent or endorse...
After its last achievement – reaching a new all-time high – Gold has retreated downward a little to catch its breath. However, we give the current turquoise wave B a little more time and space to find its high. As soon as these corrective rises are completed, the precious metal should turn south again and devote itself to the larger downward movemen
We notice that we are in a correction to the upside, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buy
one of my Wyckoff learning and training.
right now I'm neutral about the gold because the price came with a lot of momentum.
We will need to see the price's behavior.
COMEX:GC1!
I have been watching GOLD very very closely as it has been trending very heavily to the upside with very little opportunity if close to none to play SHORT...Now after much down time and patience we may finally have an opportunity. Here is what I will be looking for to go SHORT!
1) Buyers have pushed price up and broke a strong monthly resistance...
For your Analysis and Study only
If Sustain above 2156 then 2170 to 2172 then 2199 to 2202
If Sustain below 2156 then 2141 to 2139 then 2131 then 2110
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the...
Am just from watching Mike Maloney's video on Youtube where he is talking about the pan and handle pattern when you have time you should check it out.
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I love trading and learning about gold and silver because silver was the first asset i learnt how to buy before i became a forex trading expert
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Have you heard of the Rocket booster strategy?
its a very simple...
4 hour chart is entering the 7th wave
1 hour chart is entering the 11th wave
15 min chart is inside of the 4 hour supply zone (market edge.
We might get a double top or a retest of this area and a deep pullback to 2152.8. At this point the 1 hour trend will recalculate.
However if price follows the 4 hour pullback then we could see a drop all the way to 2095.
Yet another very strong Daily close on Gold.
DOL is Thursdays high.
I want to see h1 bullish arrays respected to then look for M5 bullish displacement for long entry.
OK, I did some checking and I came up with this....
*1st will see what move gold is going to take.. if it breaks the top line, I buy, but if it goes down .. I wait for the conformation candle and place my sell positions
still advise to test with demo account just to see if my strategy works or fails
Looking to sell gold on a bounce to 2023.0
Stop is 2062.0, target is 1981.0
Trading commodity futures and options involves substantial risk of loss.
The recommendations contained in this letter is of opinion only and
does not guarantee any profits. These are risky markets and only
risk capital should be used. Past performance is not indicative of future...
