salvanost

salvanost Pro Updated 

above 1915 I will seek 1990 retest under 1915 I will seek 186x retest

salvanost Pro Updated 

it's a top-down idea, I just want to show my view on stochastic there is always a fake bear between rally or between 2 bottom fake bear = red circle real bottom = blue circle that's why it's really important to see 2200$ or more (if really hit there) as signal to new higher high later

salvanost Pro

looks like it rally for 192x zone if bearish trend failed to make lower low no bearish signal for now The current bullish trend too aggressive

salvanost Pro Updated 

will update again tomorrow waiting for bullish divergence on dxy as the correlation of continues bearish trend on gold

salvanost Pro

red dot = FOMC just want to show how waiting for FED Rate hike is useless against price movement before FOMC the market already move with rumor/prediction

salvanost Pro Updated 

don't forget higher high first 1. Possible failed target under 1890 (big TF still got 1990 as next target) 2. it's a monthly bullish trend for gold be careful usually, 15 min happen in a day stretch to 2 days IGNORE THIS CHART AFTER TUESDAY don't forget monthly and weekly very bullish on gold and very bearish on DXY

salvanost Pro

it's monthly and weekly reversal possible bullish for 3 months or more

salvanost Pro Updated 

red area usually 5 months grey area usually 3 months total 8 months bearish trend for gold?

salvanost Pro Updated 

very hard to see above 1850 as a bullish target only silver can show such a high target right now note: FTX filled bankruptcy on Saturday I must use stochastic on daily to determine bottom later bottomed on 178x or 175x before targeting 1920 / 1990 area there no 1440 or 1570 as bear target as long price above 1665 area

salvanost Pro Updated 

this is just a speculation, but with the gold retest in 1870 there is no reason to seek a 1747 retest anymore time to see 1930 or 1990 zone as the next target and after a proper retrace (0.382 fibo) target 2200 zone later

salvanost Pro Updated 

if it persistent or go above 1826 maybe better prepare for the bullish target to the 1850 area 1798 is still a good target but it looks like stopped on the 1811 zone

salvanost Pro Updated 

will backtest it for a while the concept of filling wick usually based on 1 wick only but when monitoring wisks based on 2 wicks or more usually if there are 2nd retests then usually will see 3rd retest or more still abstract and not reliable but can be used on any timeframe since there wicks on any timeframe

salvanost Pro Updated 

there no need to hurry and buy for a while break out on diagonal resistance needed monitoring 11-12k support note can use EMA 50 (blue line) break out as first bullish signal with 29k as first strong resistance

salvanost Pro Updated 

4H EMA 200 even when in a big trends like to retrace and break EMA 200 support or resistance but for now there is a double bottom 177x zone possible retrace up first before dropping again to 174x zone and continue to 172x zone

salvanost Pro Updated 

potentially got 1791 as strong target, but will do further check later when hit 1787 note: I'm still waiting 1830-1850 from weekly timeframe

salvanost Pro Updated 

usually, retrace 0.382 first target 1760 it's a weird TA issue since MA cross usually the sign of trend continuation, but instead it act as reversal signal / retracement start reason to bullish? 1. 4h bullish momentum 2. daily bullish engulf and bullish momentum 3. weekly bullish momentum too

salvanost Pro

remember when I post EMA cross on weekly = 0.382 retracement? when I said ema cross usually become a signal of reversal and usually it retraces 0,382? let's monitoring daily ema cross then will it retrace to 1722 or not

salvanost Pro Updated 

still possible hit 1801, so carefull if above 1774 quite easy to target 1662 or 1667 since it look as support now become resistance