Multiple indecision candles around the $1800 level, looking to short. risky as price hasnt retraced much
Anticipating price to run out the high today before potentially reversing one more time towards the $1815 level. Multiple hourly rejection wicks shown. Stoplosses quite narrow but willing to take risk
Dont usually like to trade NFP week, but im anticipating positive US data based on the bearish signs gold is showing (multiple wick rejections, stop hunts to the upside etc). tommorrows outcome will have a massive affect on gold in the short term, as it gives an indictation as to whether the fed will taper.
Retesting nice support zone, good risk:reward. Could see price finally begin to make some proper advances into 1830's
Last trade post couldnt have played out anymore beautifully than it did, currently floating 120+ pips. There is a possibility of a retracement during the Asia/London session to complete an inverse head and shoulders pattern. Again, clean setup with good risk:reward
Simple enough trade. Price is in intraday downtrend, so am expecting it to continue for the next day/week. Entry off unmitigated 15 min order block.
Price has been retracing for the past 2 days, where i am looking to add buys at the highlighted orderblock, which was ultimatley the cause of the breaks of structure, nice risk:reward and pretty clean setup. Targeting the potential head and shoulder formation at $1807
Gold successfully sold off to 1800, with a nice sharp wick indicating it was a typical stop sweep. Scouting for buying opportunites. Price is at a nice trendline + support area making it a valid buy setup. Entry preferably during london session but will scale in now.
Nice intraday potential setup, shown nice rejection of previous resistance. expecting yesterdays low to be taken out
Price has returned to a nice level of support where we could see a positive reaction to the zone. I am wary of the gap between 1804/06 however. If price does play out in our favour, will look to hold to 1850-60ish
Apple is following almost identically the distribution schematic that bitcoin made viral not so long ago. Buying pressure seems to be drying up, and if we dont see all time highs in the next 1-2 weeks, this could possibly be the top for APPLE for a long time. Being such a highly rated stock, its bullish depletion signals that we could be at the top of the stock...
We closed the last trade at +5%. i STILL think we have some bearishness coming for gold hence why im shorting agressively.
Nice head and shoulders formation, still expecting some bearishness from gold in the short term.
Lots of wicks thrown into the $1805, will look to capitalise on a sell towards $1790 before gold prepares to possibly go higher
We go on in again for one last short imo. We closed the other short trade @ +1%. As you can see price has potentially had a run on the equal highs, which indicates bearish momentum incoming. Therefore I'm guessing that the Jobless Claims will turn out positive in favour of the dollar. My bullish stance on gold still remains intact
I believe this will be the last push downwards before gold finally takes off. Nice Head and Shoulders on the Monthly
Will look to sell if approaches our resistance level. Could see continued dollar strength this week before dxy heads down
simple head and shoulders intraday short on gold, i want the low to be taken out first before we go higher