Goldsell
GOLD :: The beginning of the downward trend .GOLD :::
The price has reached the ceiling of the channel, now it is time to drop.
The price will show corrective movements for some time in relation to the middle line and finally it will continue its movement towards the bottom of the channel and the range of 1912 will be one of its first collisions .
Previous analysis ::::
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Gold Sell IdeaGold has been in a long uptrend for sometime now. The bulls continue to push price upwards but now gold is in a very strong resistance, price will likely reverse from here 1949 and will move downwards to 1807 region before going up again.
Confirmation for sell we are currently in a 4 hour rising wedge, which is a reversal pattern and is fully matured and ready for a drop.
Waiting...3 places im looking for buys today (One will be a straight break and retest if we break the highs), or if we fake-out current days high and take out the current days low i'll be looking for reversals for buys around the 1939.000 level, if that breaks i'll be waiting for price to hit the demand near the 1H low (Close to Ydays imbalance fill) and see if we get confirmation there!
Let me know your thoughts!
Waiting...Gold - waiting to see if price breaks above 1935.890 for a straight daily continuation, if price fakes the HOD it will probably attack the LOD, if so ill be looking for confirmation/buys around 1929.400 and if that breaks i'll be looking for shorts down towards 1916.500!
Let me know your thoughts!
Gold Top down analysis, what can we expect? Hey guys, im loving this video recording feature on Tradingview so far, much easier to explain ideas!
So i've done a top down analysis here, from the weekly down to trades im potentially looking to trade tomorrow and what we can potentially expect with CPI tomorrow!
Let me know your thoughts in the comments, thanks guys!
XAUUSD top-down analysis,UPDATEDHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold - First Video... Waiting....Gold - PA a little choppy, still looking for buys overall, there was a nice entry there from the demand mitigation a few hours ago on the engulfing. (I was sleeping though) but marked it for reference, Im waiting to see what price does at the HOD, if we make structure above 1875.300 i'll look to buy towards the weekly S/R, I wont be looking for any longer term sells until we break back below 1865.000, lets see what London open brings!
Let me know your thoughts!
Gold sells may be coming?Here we have our Gold at a detailed tight resistance zone where price may be backing off of if the zone is respected and if so it would give the current buy structure more confirmation to continue pushing up as it would be giving us an inverted head and shoulders type of structure... Please comment down below and let me know your thoughts. Thanks
Gold Short - Hourly ChartI am expecting Gold to see some retracement after a rise to price 1860.00 . MA's are currently rallying at the current price point and once they converge we should see a push downwards.
There is a strong likelihood that the dollar will continue to gain strength in the next couple of days which will weaken the price of Gold .
Sell Entry: 1848.00
Targets: 1844.00 | 1840.00 | 1836.00 | 1833.00 | 1829.00 | 1827.00
Support: 1824.00
Be sure to like this post and let me know what you think in the comments below.
Waiting...Gold - ideally want to see a retest of the 1835.000 zone before looking-for continuations, if price keeps pushing with confirmation from current level i may take straight buys (If that happens i'll use lower risk, will update accordingly)
Could be sell opportunities if the highs fail here but im not really interested in sells while bulls looking this good! Lets see what happens, either way get your 1835.000 zone alarm on and wait for the reaction!
Let me know your thoughts!
XAUUSD top-down analysis,UPDATEDHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Waiting...Gold - Pretty simple stuff today, trading with order flow, Daily down, 1H down, 4H down, 15m down.. Waiting for a pullback into current supply, the 15M H&S to complete and ill be pulling the trigger!
If current supply fails i'll be looking for short term buys up to to 1805.740 zone.
Let me know your thoughts!