This is just a continuation of the idea i had, i'm still very bullish on GU, patience is key. waiting to buy the dip around 1.2944
We currently broke above the descending trend and i think if we can see the current support hold we can look for long positio.
We had massive sell off during NFP week, FOMC meetings cause some high volatility in the market. I'd really love to see the descending channel hold up. Looking to buy the dip at levels indicate in the chart. Let me know how you think gold will be this week
I’d like to see us grab liquidity, below the bullish momentum from yesterday’s FOMC session which caused a surge in price on US30, I believe big player will drive price down to grab liquidity. Looking for longs at around 37600-37550
We finally broke through the bullish momentum we have been on, my current thoughts are that we will see XAUUSD retrace further and back down.
We broke through the support at 60k formed during the bullish rally and I believe we are done yet as we have potential to hit 52k level being or new pivot. Let’s see how the setup plays out. It is already triggered. I just didn’t have time to this idea
With the rate cuts coming a lot of fear has entered the market sentiment. But I’ll stick with buying the Nasdaq, cause we have some nice rallies as of late. The prospect of going long is way more sound than shorting
Earning reports are out for META and to be honest they are way better than most predicted why is the Nasdaq reacting negatively well i think it's good to remember the market moves in successions and waiting for a dip would be best, you know buy discount sell premium. I think We should see Nasdaq and Meta both become bullish soon. Not for getting the surprising...
With the start of the week we are down at least a 1000pips, does that mean we are oversold? well not exactly but the uncertainty in the market is usually good for catching some good trades. We are currently at the low of the bullish trend that's been going on. I'm really hoping for a retracement back to 2360 to at least correct for the 1000pip move we had.
With current fall of metals in the past week, a lot of traders think we have a change of trend, i do not believe this is true. We were very bullish and the market can’t just pivot without fundamentals behind it. Silver is a highly used material, it is in demand as Tech company use it in the solar industry, and Medical equipment made from it, just to name a few....
While i can't say much on topic of Bitcoin halving, i believe it soar high due to the Geo political news (Israel and Pakistan war). I believe Investor will cease the opportunity and use it as a safe haven. I'm bullish on Bitcoin and i'll wait until everything plays out.
A little obit on how i came up with the trade idea.
Simple as can be 2365-2360 has held up the last 4 days, I'm expecting the resist to hold up and we can get some nice long positions at 2364 level. Let's fold our hands and wait to see the reaction at support on the LTF (lower timeframe). It is important to factor in key economic data and compare the movement of the dollar (DXY) to try and figure out what is...
This is purely technical, still looking for fundamental data to support the new uptrend. The will Retail GBP news on 19th, so i will wait for a proper entry and setup later. But overall if i am to take this i would risk just 1%.
Yesterday i had sell limit at 2395. So i'm expexting us to go back up to 2389 and then see a dropm on XAUUSD
Pretty much waiting to see consolidation, manipulation and the distribution so i can enter the trade
We just 2385 level that i have been eying on the previous ideas i shared. Looking at 1:2 RR Down to our low.
I can finally say i'm bullish on BTCUSD as our current sideways pattern is at lowest, i'm hoping we see a pump, but with the geopolitical news thing could be different this is long term idea