GOLD: Long to Complete Correction *UPDATE TO PREVIOUS POST
NFP Trading Plans by tntsunrise Forecast Previous Nonfarm Payrolls (Sep) 185K 201K Unemployment Rate (Sep) 3.8% 3.9% 1. Trade after the data 2. Watcht the break-out 3. wait for the pull back to enter 4. use RR ratio 2:1 or 3:1 to decide your profit Please watch the entire video for more...
After the FED interest hike yesterday and the hint to expect further hikes over the next year the dollar has reacted by pushing up. Is this a pullback within the short correction or the end of the correction. Here we discuss what to look for over the next few days and how to trade it. This is not investment advice. Steve Nixon Trainer and Mentor
Live trading analysis. Talking about the impact of the #USD on the market
Let me know what you thought of the video
A move back up to the top of the channel could lead to short opportunities.
We hope to break the indicated levels and go to the purchase
The LIVE analysis was done on IMLTV. For further mentorship, please message me privately :D Appreciate you all.
I forgot to mention Mexico ETF EWW +17.75% & also short MXNUSD +10%
Looking at the weekly and monthly timeframe we could see that the market is going to sell US Dollars on the long run. Now Assets like commodities (Gold and Silver) are facing some interesting rebound area, as well the eurusd and the cable are probably going to rebound on monthly lows areas. There are some other MACRO factors in this analysis and, if you want to...
Lets continue to keep our eyes on gold as we begin to form a tighter descending channel. I would love to see a break out of the inner trend line soon, indicating we are heading to the outer trend line on a lower time frame. This warrants a daily consolidation for further downside.
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hallo People, I don’t feel confortable in making video but I hope to improve and make them shorter and clearer. The market has not opened yet but price is already moving. Watch also for USD signals of weakness which should be good for GOLD as an inverse correlation rule between these two markets. Please note that I am not a professional trader and these are my...
Gold, the gift that keeps on giving, in at 1215, where we found the bottom, I cannot see it get back there, currently at 1230, GOLD will go to 14000 withing the next 4 weeks, we are due a nice run. USD weakens, Gold gets stronger, Gone long since 1215 & % buying in on the way up, x10, x25, x50 and for good measure x 100
Hallo Tradingviewers, I am posting this first video as I am following how the pullback on GOLD develops (see previous post). Today is Friday and week ends so enjoy and try to relax.Ciao Please note that I am not a professional trader and these are my personal ideas only. ***This information is not a recommendation to buy or sell. It is to be used for...