VRShaiju

VRShaiju Updated 

This is an early technical analysis on gold. Please note that I did not get bear confirmation yet. However I see trend getting weaking near resistance zones. Probably time for liquidity hunt before resume trend. Very quite week in financial calendar which must favors bears. Of course expect a bullish close in Monthly. Let me explain the method I used to fine...

VRShaiju

Here is my technical analysis on GBPUSD. I prefer swing short on GBPUSD with very tight SL. 200-300 pip potential for next week.

14:33

VRShaiju

Looking for further decline in gold price this week. I prefer to buy gold around 1680. Please see the video for details

11:26

VRShaiju

The video describes 100% technical analysis of gold in the coming week. Friday sell of becoming new buying opportunity for traders. Before FOMC event buyers are taken out their profit which creates low volume to run the market to a new high. I took buy position in 1776 with a target of 1836. I am looking to sell gold around 1824 towards 1784 depends on price...

VRShaiju

I am expecting a bullish breakout after NFP news. Please see the technical chart setup.

16:03

VRShaiju

Tapering is real. It's no more a news. Price does not made violent bear move this time after announcement. The price has already moved before news. Now market setting to balance gold price compared to last year price. I perspective for the gold has not changed yet. There may be new catalyst occur to Triger another impulse move. Watch the video for clarification

03:21

VRShaiju

I found some strange price action on gold which was not as expected in my last weekly analysis. This video shows a quick update on price action expecting on upcoming FOMC meeting. Suddenly chart turn to bullish however we required a lower low before continue upside. Please watch the video for explanation.

18:57

VRShaiju

We have a very big event this week, which is FOMC. It's one of the most important events that considered this year. Investors get very clear directions after this event. In terms of Gold, the event does not favor long. Technically this event brings the price down to the level below 1710. However, we are inside a big bullish wedge pattern which should complete this...

11:45

VRShaiju

We got rejected strong to 1781 last week. This rejection gives me a kind of confidence in my bullish outlook on Gold (XAUUSD). I found an irregular corrective pattern for wave 2 correction which we are currently in. We got 1st level of support exactly at 1.618 fib extension of A-B. I am very much excited to see further price action in the coming week. I looking...

19:02

VRShaiju

Gold is a very volatile pair to trade. Here I am sharing my winning strategy to trade gold. I am showing a trade planning method and risk-reward ratio, which may not agree with other traders. Your account can grow by biting little pieces instead of chunks. It worked for me and it worked better than a swing trade. The only thing you required is to find quality...

VRShaiju

We have resistance ahead. My primary choice is bear "This Week". We can switch to bull once we have a comfortable break out :)

VRShaiju Updated 

Gold price started to consolidate in the last two weeks after a terrific bounce. The trend continues to move high and get pause between 1803-1810 region. Maybe NFP will become the catalysts. Reason for bullish Gold price closed above the 1765 resistance which is the broken level in Feb 2020 Gold price did not made strong rejection after hitting weekly...

VRShaiju Updated 

Gold price move continues to move higher after rejecting a couple of times at 1797. Technically I found the long-awaited target above 1800 is not reached yet. I guess NFP news rejects bull momentum tomorrow. Have green pips

VRShaiju

I like to share my analysis on gold which is very bullish towards a new high. You may not believe that gold doesn't break $2000. I believe it does once again. The chart showing a target of slightly over 2100. Here is my trade setup. 1. Bulls and bears are going to the north. The only chance for a bear attack will be on the month of May. 2. I am favoring bull...

VRShaiju

According to recent price action, I am looking for a range structure to finish the swing in style. End of the month we get a fully pumped candle close within the support level. Next week should be the bearish candle range from 1838 to 1794.

VRShaiju Updated 

Here is my position on EUR/USD. Let me see how can I manage the SL in this trade in next 3 days

VRShaiju Updated 

The idea probably against the sentiment. There are so many alternatives in Elliot wave analysis. I pick this one for time perspective. Two target 1735 and 1771 very much excited.

VRShaiju

Recent pandemic development trigger deflation in the market. That lead to less demand in Gold and silver for short amount of time. The recent COT report showing that smart money reducing their position and not adding new position to sell. This brought the daily range down to 10$-20$ and the panic bear momentum which we experienced last month will not be repeated....