The current market is still volatile, without any breaking behavior. In fact, since the start of London trading hours, there has not been a good opportunity to participate in market transactions, and it has been fluctuating around the 2315-2323 area. However, judging from the strength of today's rebound, the upward momentum of gold is obviously insufficient,...
Although gold rose beyond expectations and broke through 2335 today under the stimulus of CPI data, we still won a big victory in the short position! We added short positions near 2332 and 2338 respectively. Gold fell back quickly after touching 2341, and we closed the position manually near 2325; then when gold rebounded to 2330, we shorted gold again and closed...
Hi fellow traders, my last setup on gold got stopped out. This happens because the correction can get bigger in size. As EW traders we have to continuously adapt to new situations and trade accordingly. XAUUSD is completing this larger WXY correction in an expanding flat pattern. Look for a buy opportunity from the blue box area. Target the resistance levels. Good...
Hi fellow traders, XAUUSD is completing an ABC correction on the 15 min. TF. Look for a buy opportunity from the blue box area. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!
Gold for April. We see Gold is making slowly LL and ready soon to go down. Let's see this week if NFP is pushing gold to downtrend and confirm the trend change for us. This month eye on CPI Dollars as well.
OANDA:XAUUSD Gold XAUUSD Analysis My Trade Set-up Idea Trend analysis and Chart patterns