nantha82

nantha82

My trade Plan: Price respecting the decending channel in 4HR time frame. A good point to place sell with minimum stop loss. All the best.

nantha82

Good day traders. My own trading plan: Price bouncing strongly from the daily trendline plus 2 Doji candles to justify the future trend. The last candle showing buyers strength and bouncing from the trendline. I'll go for long and TP below next resistance level. Good luck.

nantha82

My own trade plan: Good day traders. Gold will up or down, i have no idea until the crazy move takes place at anytime today. But as for my entry point, i will wait for the daily trendline touches before place my buy or sell. Good luck

nantha82

My own trade plan: Hello traders. On Daily chart, the decending upper trendline has broken and candles forming towards the north. As i can see new Higher high being formed,my next short target would be around 1830. Always be prepared for stormy candles, price may pushed down before heading north again. Maintain considerable stop lost ( or use ATR indicator to...

nantha82

Good day traders. My own trading plan. At the time of writing, Gold has reached his strong support zone and RSI shows over sold. So high chances to bounce in respecting the RSI. But, i still will wait for 4 hours candle to close above the trendline and place Buy with minimal stop lost. Good luck

nantha82

My own trade Plan: Good day traders. XAUUSD has been within 1842 - 1877 range for 9 days. From the chart, i noticed the price is shifting to more downtrend but not impossible to go up either. To buy or sell, i need a strong confirmation and execute with minimal stop loss. i will only risk 5% from my equity for stop loss.Tomorrow is friday, where usualy the...

nantha82

1868 seems very thivk wall for the bear to break and RSI show overbought. So market would retract down before any move to upwards. I made my Bull profits, now gonna ride Bear for another profit untill 1856 ( short term target ) My lot size is small, 0.01 and only risk 10% from my equity as Stop Lost. This is my own trade idea wish you all analysis and trade...

nantha82

My own trade plan: The much awaited moment has arrived for sellers...next downtrend target would be around 1832.

nantha82 Updated 

Helo traders, this is my own trade idea on XAUUSD.

nantha82

This is my own Trading Plan. Do not follow my idea but you may learn and advise me about my analyst. On 25th August, there is Double bottom line ( also a Shoulder ). 3rd September, a head has formed at the peak. 9th September, another Double bottom line ( shoulder pattern formed and completed ) First scenario : Market stucture follows the HEAD & SHOULDER...

nantha82

My Trade Plan: As I said in my all analysis, my Gold trade tied up with USD index ( USDX chart ) . Both will react vise versa direction + closely follow up US economy news to avoid the false breakout. Remember, not only traders active in the market but also market makers. Large speculators' preferences still long with XAUUSD. Trade follows the big fish, do not...

nantha82

My trading plan: 1.USDX over-bought while XAUUSD over-sold. 2. XAUUSD look-alike respecting the trendline with support of 20 EMA (1-hour chart ). 3. Trade what you see, not what you think. 4. Do not care much about the historical chart for Gold to execute your trade. Analysis of the current trend. 5. 1900 line has been tested many times and does not rule out the...

nantha82

Confuse? Buy or sell ? My trade plan: I am monitoring DXY ( usd index ). At the moment, it shows overbought and soon maybe not now, it will come down. Vise versa, gold will react in opposite way. Open dyx and gold chat and analysis the comparison. The rest, up to you. Happy 'free covid' weekend.

nantha82

As some of us aware that gold price relates to USD strength. As of today, usd index are climbing up. Also, many traders might switch to bitcoin for long positions. I can see xauusd price is accumulating right now. My Gold trade plan: I will hold from executing any trade and wait until the European session and get a clear picture. By that time, we may know where...

nantha82 Updated 

1895 has been a hurdle for Gold.Im on 4hr chart now. If price fail to break the range, i will hit the sell button and TP 1855. Own onw brain, not someones idea

nantha82

Some of you may wonder, what made this gold price fluctuating heavily. In a day candle, we could profit USD 500 or loss USD 500. I was trading currencies before fully shift my focus on Gold. Sometimes, Technical analysis and market structure analysis do not make any more sense or logic on the chart. Wonder why? From my past experience, one thing which is to...

nantha82

Price may be accumulating as it was from 17th May - 25th May before another high. Be cautious to buy now. If it is accumulating.1887 is a good area to place a buy order. Do not rush to place an order because the chart showing an uptrend. wait for a pullback to the nearest strong support zone and wait for 2 or 3 candles on a 15minutes chart to formed. Trade...

nantha82

My Trading Plan: After a huge drop from yesterday, the price went down 1855 level before the chart shows buyer's strength again.I believe now is the right time to hit the buy order and wait for a week. My lot size would be 0.02 and leave wait at least next week to close. Do own analysis, monitor US dollar and US economic news. USD and Gold always chase each...