The GC one hour time frame is in an up trend. The market is making higher highs and higher lows. The market is at a low price near a known level of U-turn. If the market can hold at support and break above a counter trend line bullish. The research shows it can push bullish towards the Fibonacci extension. The key is waiting for the U-turn.
MAN. PLAYING WITH #GOLD #MINERS #GDX #NEM #SLW #GG WE APPEAR TO RENTERING A BULL MARKET FOR YOU LONG SUFFERING GOLD BUGS PART 1
frist on your platform open new clean chart and add these on it ,dont add other thing on gold main chart time frame=15-60-1440min you must check always them ok? 1-stochastic 5-3-3 simple 2-AC accelator occilator (very important on 60-1440min chart) 3-sma200 simplee movinng avrage 200 you must use MTF(multi time frame ma) put sma200 15-60-1440min on...
gold,silver are super trendy ok? ,for this when it goes up ,never open sell ,you must try to inter trend,looking for buy (buystop on high i advice before is this) prnt.sc place you must inter buy now = above green arrow you must buy (buylimit) with sl in last low or 6.00$ keep looking daily chart EMA200 and SMA200 and AC(or stoch) daily and 1 hour...
Brand new inverse head and shoulders pattern forming. We could see a potential breakout to the upside from here.
Gold needs to close above 1747 to see upside targets as marked. Holding trend line support is crucial otherwise can fall lot more down.
The GC one hour time frame is in an up channel. the market hit the top of the channel and pushed bearish. I am waiting for the market to form a low either at the bottom of the channel or above the channel. Entry: Counter trend line break bullish either at the bottom of the channel or above the channel. STOP: In the sell zone. LIMIT: If entry is at the bottom...
Let’s see if we can break uptrend here... I think we might. *** not financial advice***
You can see how close I was to getting stopped out several time but I make it out. Now in profit zone and will make smaller my position at each level. Idea started as the one in the link before with some change as price developed more. Ms Bunny
Here I think gold is a good sell point. 1. It touched the purple rectangle supply zone 2. It has broken out of the rising wedge (I did not take a position on the wedge breakout) 3. The bottom line of wedge is now resistance Decent profit potential to 1st profit target Good profit potential to next target which is a minor resistance Great profit potential if it...
GOLD,SILVER WILL GROW in this spring so dont fear to put buystop on high sl =below last low tp= fibo 161% (can take 10-14 day) if you have open sell on gold,silver 100% put sl(or hedge buystop) on today high(break high mean powerful + trend start) ,they can grow 30-50% boys keep monitor AC (accelator occilator) or stoch 5.3.3 on daily and 1 hour chart...
I am long gold at the moment at gold has found support in an up channel. However if thing were to turn around and support becomes resistance and this is validated I will go short. The setup here is quite easy. But easy set ups should not be avoided. People in my opinion can get too complex in their analysis and there is nothing wrong with this. However I think...
-Hypothesis: The price is about to start a new bullish movement IF we have the confirmation of the price reaching the green line. -If the price does not reach the green line, we will not consider our Hypothesis Active. -Invalidation level: Redline, this means that if the price does not reach our green line, we will consider that the hypothesis is no longer...
this mean we will see min 3 green candel in next 3 week secret =Gold is very very sensitive pinbar on this timeframes 15-60-daily -weekly 99% have reaction if you have open sell 100% close it now or put SL on today high ,break high mean new + trend
Gold could be a long or short depending on this 4 hour candle close. The triggers for a long and short are shown. My bias is short because, 1. Resistance needs to be broken and resistance happens to be the often strong 786 fib line 2. Upward wedge often means down move. However be prepared for a move in either direction as both scenarios are possible. Please...
Ongoing correction in COMEX gold futures will aggravate if it breaks bullish support line($1655), and may free fall upto 1506 within 2 weeks.
- Waiting for price to complete M formation around either a) the orange zone or b) (more likely) the blue zone - Looking for price action confirmation around these areas on the 4hr timeframe before entering long - Price to retest the neckline of the M formation to complete it. - If momentum is strong and price is able to break above through the neckline and...
Yesterday it looked as if we were headed toward 1700. But then price reversed back into the diamond. However the setup is still perfectly valid. And my thoughts are the same for the most part. However after adjusting my zones just a little, I have seen a path to below 1700. You can follow this with the red shaded down arrows. Personally I will decrease my...