RoboCash

RoboCash Updated 

As you can see, for 2 weeks DXY supports are holding. It might climb further.

RoboCash Updated 

Hi guys, long time no see. Possible move for Gold, let the chart talk. No rush, let the market consolidates. Triggers only happen if there is 4H candle engulfing on either side . Good luck!

RoboCash Updated 

In D Chart, Gold is making huge bullish flag. And now we just touch down support zone. (Refer to my previous post) Gold has to close above Red box zone for the week in order to show bullish formation, and break the upper TL to resume 13xx area. Strategy 1: Short at red box zone if 4H shows bearish formation target green box zone or even lower. Strategy 2: ...

RoboCash Updated 

Good R/R to long, IMO.

RoboCash Updated 

Gold chart, re-visited. Its a super long consolidation. Good thing is, it will move explosively either direction. I'm confident either 1350+ or lower 12xx area once it break the range. Bad thing is, we dunno when it will happen. I am as fustrated as you. But we have to wait.

RoboCash Updated 

Same reason as my DXY chart. Break the triangle for clearer swing move.

RoboCash Updated 

This weekend is a US GDP q/q report. I will not trade any swing position and take this few days as break. Except quick scalping.

RoboCash Updated 

Potential Inverse head shoulder pattern. Why? 1. Good us data failed to make DXY climb 2. Gold bearish flag failed 3. 69 area is the lower uptrend TL

RoboCash Updated 

DXY has been super oversold. It is natural to get some recovery. Daily, It has closed above the monthly pivot, suggesting more upside possible.

RoboCash Updated 

Hi guys, I am pretty busy these days with some projects. This is what I see for gold movement. PA wise, bearish though.

RoboCash Updated 

Yellow boxes are the possible launchpad. Purple box to be valid if 4H close above it. Target is open, around 1375.

RoboCash Updated 

Possible launch pad at yellow boxes or above 1292 close.

RoboCash Updated 

Usually, I don't post my ideas on Monday, but here it is. Price has aggressively moved for correction which has broken rising wedge pattern. It is hard to gauge where gold bounce. It could range from 0.5 to 0.786 area. The only clue is to see candle close.

RoboCash Updated 

This is just a weekly move, doesn't represent the main trend. I trade weekly.

RoboCash Updated 

The movement of gold is slow but building explosive momentum. I am looking to long at the green box with SL around red box area of candle close. Will be using smaller margin since I feel this week might be whipsawing a bit.

RoboCash Updated 

I am looking to long at 2 locations.

RoboCash Updated 

DXY has broken so many support and now resting at Monthly S3 and very oversold in my opinion. FOMC is just hours away. I am looking for DXY to bounce to 97~98 area (at least) for a healthy pullback before continuing down. If you look at it against the Gold, you might be thinking that Gold should correct all the way down. But gold is not always inversely correlated...

RoboCash Updated 

Watch the levels, I am still neutral. I will post something once I see something "interesting". There is no swing setup for me right now unless with further confirmation. The only trades that is possible is scalping. But watch out for FOMC on mid week.