Slope Rider on 15' charts signalled a long with a colored candle at 3am, then up arrow at 3:15, and now a 4 diamonds divergence at 8am. price moved above the MA Hull and return to bounce off it just now. enter long at 1283.7 stop loss below the colored candle so 1282.3 target at pivot R1 1287 no POC to use as reference.
USDCAD - change in bias after breaking to the upside of the consolidation range, looking to see a retracement leg to the upside. a clean break and retest would give us the confirmation we need to take a long position with initial targets set at the 50% retracement level
price is at bottom of Volume Value Area and Regression Channel Savius Slope Rider Strategy is signalling a reversal in trend (from last night bearish move) very low risk at -8 ticks Stop Loss Target at R1 and top of regression channel +55 tick
I try to seek Date at Target price. I think Gold will reach 1360 but not sure how many days will there. so i follow them it can be there ? or It can be there around that Date ? *** This is only Education Idea ***
i think gold will become bearish..big wedge indicating towards down...lets see how many days it takes to get over there..
Hey guys, just wanted to give you an update about a nice trade we took last week. We took a buy on the first correction at the 0.61 fibonacci level as price formed a bottom from the last bearish move. A weak bearish trend line was broken and price respects last price zones (marked in grey boxes) on its way up. We are currently up +170 pips on this trade, looking...
Gold is signalling a strong divergence in 3h 1h and 15' chart. But the bearish trend from yesterday was too strong to ignore. Price is bouncing off Daily MA 52 and 104. I will enter a long order when price breaks above and close a candle above Pivot P. Target to R1. Stop will depend on chart, below previous low should do.
Possible inverse head and shoulders bullish pattern in XAUUSD
I'm expecting Gold to break above the Pivot P and go upwards to R1. Why? Savius Slope Rider has fired the buy signal, price is just getting out of the buy volume area and bouncing off the Regression Channel, and it's above the MA Hull, which is great! (the screenshot with all these indicators can be found on my website) I am not entering the order until price...
We are at the lowest part of the channel with good fundamentals short term for gold, as the market has totally digested the December rate hike.
My idea for GOLD: Price will moving like the line for going Up.. Because Bullish still have potential in my eyes. :D Lets wait and see.
trend is quite netural today for both Gold and S&P500 Savius Slope Strategy signals a change in trend to the bullish move, I enter with a stop below the latest minimum and targeting S1 and S2.
Here is some hot spot we decided to mention about. It has plenty of confluences so it is a high probability trade there.
Gold has been trending up nicely now, testing strong resistance at 1240 level, which is also 38.2% fib level. So far it seems to be gearing up for a break higher. Good opportunity to add another long on the break of the 1240 level as confirmation.
I missed out on this lovely move down from R1 to P, that's fine. It looks like this move has happened too fast to me, high volumes yes but there is no apparent reason for Gold to be so bearish today (nor for S&P to be bullish). What if it was just to cash out all the gains from yesterday? to catch all those stop loss orders? Let's risk a 10 ticks here on bounce...
Dear Traders, For those who missed my first GOLD TA, where I said I spotted a huge Hidden Bullish DIvergence, well you can still make an entry if you want to join the gold rush 2019 will give us. For those who followed my first gold TA, i'm happy you made some gains. But this was just the start. The Bulls are completely in control over the bears, and a lot of...