we'll wait for the news on 17:30 to confirm whether we BUY or SELL If it breaks the up trend line we buy If it breaks the down trend line we wait for retest or double confirmation candle then we sell
This is a classic setup for the retest of the opening range on gold. Price pulls back to the 15 min supply zone which is also inside of the opening range. Target hits 2:1 and still going!
1st Trade closed manually due to price retesting back above the 50%(CE) also tapping into 1 Min (Fair Value). 2nd Trade Re-Entry Filled (TP)
For your Analysis and Study only If Sustain above 2181 then 2185 then 2193 then 2195 then 2198 above this more bullish movement can be expected If Sustain below 2175 then 2171 then 2166 then 2163 then 2161 then 2158 or 2153 then 2145 to 2144 then 2142 to 2140 then 2135 below this more bearish movement can be expected Consider some buffer points in above...
Greetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have...
COMEX:GC1! A wise man once said, 'The Market Pays You To Be DISCIPLINED' So Family...Here on Gold I have constructed a High Probable SHORT set-up for the HOUSE to CAPITALIZE on! Below I will break down my narrative in gr8 detail to understand the reason why... Vibe w/ me... 1) Starting on the Daily TF buyers pushed price all the way up and swept December's...
1st Trade closed out Bears couldn't commit also Bulls momentum came in a little powerful signaling me price may want to fill in some more inefficiencies before possibly selling off later on down the line.
For your Analysis and Study only If Sustain above 2165 to 2166 then 2169 then 2171 to 2173 then 2180 to 2182 or 2183 then 2187 then 2193 2195 or 2196 above this more bullish movement can be expected If Sustain below 2161 then 2156 to 2154 or 2153 then 2145 to 2144 then 2142 to 2140 then 2135 below this more bearish movement can be expected Consider some...
Gold has been moving very nicely this year. First it broke out of a MASSIVE Symmetrical Triangle that lasted an entire year of sideways movements. Then it shot up, formed a W Formation and then just rallied up with a high inclination. I'm talking over 60 degrees up. So, the momentum is strong (bubble style) but still strong. And the target remains at $2,236....
If you would like to be notified whenever I post a new article, just click "FOLLOW" at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help. Contrary to popular belief, in times of low interest rates and accommodative monetary policies, gold is not the best...
If the candle (1 day) closes below the last one, I believe it will go down. Hit me up if you agree with me
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...
Took 2 trades on gold Post CPI numbers release one stop out and re-entry 90 pips into (Sell side Liquidity)
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.