nantha82

nantha82

Those hit with margin call, keep trying.Those still buy from top, may hold and try sustain. market makers hit most of the stop loss of buyers. At the time of writing this, price is accumulating within the 2 yellow lines.This is pandemic season..jobless rate and world business are down.So less value for physical money, mostly the usd as the base currency of...

nantha82

My own trade plan: I can see the market is on uptrend now on 60 minutes time frame. Also, I use EMA as a guide to making my entry. I may make my BUY entry around 1874 and take profit at 1878.

nantha82

My Trade Plan: Gold has break the triangle and hit the 1889. While sellers could not break the triangle. I believe buyers still holding the key. My next target next week would be 1889 range. Thanks to weakening USD. Happy weekend

nantha82

My own trade plan: All of sudden, at lightning-fast, Gold has dropped. Meanwhile, on the other part, USD declining slowly against the major currencies. I believe this Gold sudden drop due to the market makers' game to hit buyers stop lost money. Price will bounce back from 1870 and continue his journey to North.

nantha82 Updated 

My own Trading plan: Price still between the huge 2 green bar. Both buyers & sellers getting strong at the end of the week.( Price accumulating ) Market makers will push the market to the North or South to hit all the Stop lost. I will not enter until I can see who is the winner at the end of the week ( at the triangle edge ). Do own analysis on the higher...

nantha82

My trading plan as per the graph.

nantha82 Updated 

My own trading idea: As my previous idea, Gold has created a new support line and clearly moving away from the bottom half. Thanks to weakening USD. The support line has tested but failed to break at the moment. I believe the price will consolidate before another strong push to up.

nantha82

The bull flag completed and the trend line has broken. Definitely, the pullback will happen to the nearest support line.I expect heavy price correction during the European session. I use 20 EMA to make my entry. Do not follows someone's idea based on their cute drawing with many lines. Do own analysis, monitor news on USD and US economy. Gold will get strong if...

nantha82

What i think and apply for my own trade: Gold has found new strong support levels and buyers getting strong for gold as the USD is weakening. Sellers trapped and got hit their Stop lost. Due to the successful breaking of the tick resistance wall, Gold has created a new level of support. I will hit the BUY button, tp 1850 at the moment.

nantha82

My own trading Plan: Gold has created 3 lower low and climbing activity has stopped at strong resistance line. Lower low shows the price is descending. Sell is tangible on the weekly chart.

nantha82 Updated 

Gold has reached the resistance level of September 2012. Do not rush into hitting the order button. Wait until next week for confirmation. Let the Weekly chart be completed. SELL is tangible now but without clear direction.

nantha82

Trading is not a Hobby, not a pill to kill your extra time in your life. Don't be blind and execute your orders by following someone's views in TradingView. Myself, I do not follow their views but, learn and observe how these seasoned traders do the market analysis from smaller to bigger time frames. We won't get profit by just doing some 'drawings' over the...