2618 trade on golddouble top, break of structure, pullback to the 61.8
stoploss above the 113.
educational use only
GOLD-TRADE
BTC bull scenario Ascending triangle reversal.
Ideal scenario is a close below 4800 creating a bullish divergence on RSI to match the bullish Reversal pattern.
MACD will bottom if the pattern holds. It is the most negative it’s been since the drop after the 2017 bull run.
If this ascending triangle holds, I believe this is THE bottom. If not, 3500 is the next support and I’ll watch and wait at those levels
DXY IN CONSOLIDATION PHASEDXY HAS BROKEN ITS TREND LINE BUT IT KEEPS HOLD ITS FIRST DEMAND LEVEL IF MARKET BREAK THIS LEVEL THEN FURTHER IT WILL DROP
APART OF IT US GOING TO MAKE SOME DEAL WITH CHINA SO IT DOESN'T SEEM TO BREAK THIS AREA SO DXY WILL BE POSITIVE AND ALL PRODUCT WHICH IS INVERSE TRADE WITH IT WOULD BE NEGATIVE.
GOLD DROP INCOMINGDear followers,
in the chart shown above we can see that gold has been losing it's bullish momentum and might retrace to certain levels mentioned on the chart.
please use the correct risk management when trading gold as this commodity moves fast.
#GOLDThe time range is specified
Target is specified
Sponsored and specified
The pattern is broken
Important levels
Up trend
XAU/USD - Medium/Long Term-Trade - Market UpdateWe've placed a -BUY- on this trade; as price has closed -ABOVE- our daily Trend-line. We have a pretty big S/L so remember to use proper risk management. We are looking to possibly hold this trade over the weekend. This is our 2nd entry for Gold; as our 1st was placed yesterday with a major trend-line rejection.
Short Gold Gold is at a significant level now with major structure from multiple sources. I will be trading a shift in sentiment on the lower time frame with targets already outlined on the charts.
Gold a gartleyXAUUSD is forming a gartley pattern. The pattern completion alligns with .786 retracement from X-A.
Targets and stops on chart.
Happy trading
GOLD Trading Forecast for July 7, 2016
Gold is seen to push towards 1390-1400 area days from now while awaiting NFP on Friday.
XAUUSD / 4HR / BAT PATTERNFree Training Tomorrow: www.starprosper.com
BAT PATTERN
PAIR: XAU/USD
TIME-FRAME: 4HR
TRADE: BAT PATTERN
Waiting for price action to come up and hit our
D-Point completion, on this Bat Pattern, we're now
filled for a potential move to Target 1 and Target 2.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
XAUUSD / 1HR / POSSIBLE TCTTREND CONTINUATION
PAIR: XAU/USD
TIME-FRAME: 1HR
TRADE: TREND CONTINUATION
Waiting for Gold to give me a better entry
on a possible trend continuation trade.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
