Clearly seen on this chart is the cup and handle that lasted for 12 years and now we are going into a wave 3 of 3.
Gold break decisively above the 2009 level. Watch the video for the details.
Patience and Discipline was shown to catch the initial flow of Gold now we must integrate those two things with timing, confidence and acceptance. These are the things we will need in order to track Gold properly. I will do an update video on this later this evening. Traders! Remember !! Your feedback fuels my growth. Whether it's a question, suggestion, or...
The Watchlist creation for the US session, 8am-12pm NY time. US data eyed.
Given that gold would have bought really aggressively yesterday after destroying sellers at the previous high, I believe the dealer needs to take the opposite side of things temporarily. What I mean by this is that the dealer needs to worry about traders who now ACTUALLY have the direction correct (BUY) In a bull market buyers WILL win if they can get their...
Price could fall to our buy entry at 2022.43, which is a pullback support level, aligning with the 23.6% fibo retracement. Our stop loss is at 2004.02, which is below the 38.2% fibo retracement and overlap support level. Take profit is at 2049.29, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Hi Dima, in this short video I explain to you how we would execute based on the confirmed highs/lows. Every entry requires a candle close above a confirmed high (CH) or a close below a confirmed low (CL). As I showed in the video, this can either be a direct candle close above/below a confirmed high/low, or a candle close after price first broke a confirmed...
Today's focus: Gold Pattern – Breakout, Continuation. Support – 1988, 1937.60 Resistance – 2018.50, 2050.45 Hi, and thanks for checking out today's update. Today, we are looking at Gold on the daily chart. Today's video asks if Gold will contnue to move higher after yesterday's breakout. We have run over all the signals we see confirming the possibility of...
UJ is under pressure to test last week's support base. Its a FRD but there are prospects of a long for the coming hours.
GOLD 2024 I hope the selling scenario is feasible when there are signs of price reduction to sell quite clearly, specifically I was selling gold before making this idea sharing video.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Analysis of gold spot Time frame Day chart What is the analysis ? Draw the trend line for the existing 3 resistance point and since the value is going up trend so we can expect the target up to 2050 . If the value crosses beyond 2050 ,i.e beyond resistance line then we can expect that target up to 2164 hope our analysis is adding value to your trading...
I am looking out for some exciting opportunities on these pairs. But for now I will wait for other confirmations before I take any trade. All the best guys
BULLISH, still heading up to 2035.00 Your state of mind is a by-product of your beliefs and attitudes. You can try to create consistency without having the appropriate beliefs and attitudes,
Hello traders, Last week we only took 1 trade on Monday, and it was a losing trade unfortunately. This had to do with the slow movement of the market, it was ranging in between levels for a very very very long time..there was 1 fake-out on Monday and we'll fall for it unfortunately. Doesn't mean that it's a total waste though! For the next week there are still a...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
In this video, we delve into the recent surge in gold prices, driven by a combination of factors. On Friday, the U.S. dollar and Treasury yields experienced a decline following disappointing U.S. jobs data, solidifying expectations that the Federal Reserve will halt its interest rate hikes. The October job growth figures fell short of economists' projections, with...
Gold prices experienced a notable decline, particularly following hawkish remarks from Federal Reserve (Fed) Chairman Jerome Powell. Powell's suggestion that the Fed might not have achieved a sufficiently restrictive monetary policy to control inflation sent shockwaves through the market. This hawkish stance contradicted the earlier belief that the Fed was done...