Gold Bargain Bullish toward - 2104Majority have been eager to buy and buy and buy, yet on the daily we can see a hard rejection off 1830.00
This shows us the amount of buy stops accumulating at this level , notice price triggered and dropped = heading toward majority of SL placements ( below 1810.00 )
*We need moves like this to switch the consensus of retail to take the opposite sides of positions , COT Data shows more longs than shorts, yes, however pay attention to COT data from commercials and producers
Commercials and producers will need managed money to take the other side of their orders, and non commercial need non reportable and commercial to take their opposite sides = they all make a profit
We cannot buy from above 1800 …this is an expensive price ( psychological number ) which behavior of price today confirms price looking for a more “ suitable “ price to buy at = in other words
- Gold has just gone on Sale
Goldsetup
GOLD Swing Trade Idea and SetupI usually use the AUD strength as a directional bias for Gold. I am anticipating price to be in replica on XAUUSD too. I am waiting for a rejection in the golden area of the Fibonacci. When all confluences line up, take short entries and target the -61 extension. Depending on price momentum, I may target the 1750 key area for Take Profit.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Exercise proper risk management.
#TradeLikeMagnatrio
GOLD Running In 150 Pips Profits And New Entry Added !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
How have you traded gold the last two days 🤔💪The chart shows how I've traded gold the last two days.
New long trade has just alerted.
Entry details are shown on the chart.
We are working the 15M time frame on this trade.
We're only looking for the green line which is take profit target.
Trade history can be seen below this trade idea too for full transparency.
As you will see from the chart, two long trades have hit TP and the last short trade closed for profit on new long trade presenting.
Lets see how this trade plays out. In slight draw down at time of writing.
However this strategy has a proven edge with a 64% win rate so I'm more than happy to take all the trades that present and do so by automating this strategy.
6 months and 241 trades of data allow me to enter the market with confidence.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Outlook for Gold: Pullback presents an opportunity to buyHi everyone! Our call on gold last week is playing out nicely. For this week, we maintain a bullish bias on Gold, with prices holding above a key weekly and daily support area at 1763.14 - 1768.80, which lines up with the 78.6% and -27.2% retracement. A pullback to test this support zone presents an opportunity to play the bounce. Keeping in mind the views on the weekly time frame echo a bullish bias, a break above our H1 resistance could at 1794.50 could see more upside in gold prices, with 1820.20 as our next resistance target.
Gold 700+ Pips In ProfitGood day guys! Another update, I informed you all a day ago that I was still holding this trade. This trade has managed to return some serious profits. With the fed saying it is going to have at least rate hikes by 2023, this is bearish for gold and bullish for stocks. The problem is the fed cannot raise interest rates, because the bottom will drop out. As soon as the markets realized this, gold will go much higher. If you profited off this signal from me, be sure to like, comment and share your thoughts below. We do appreciate you for checking out our post and remember, we will see you on the other side.
Rodrick (CEO)
Third Eye Traders
XAUUSD Hit All Targets 420 Pips And New Long Setup Avialbe This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Gold going to 1800.In this idea I am expecting gold to push above the 1788 and carry on up tp retest the 1800 and further buys above this key psychological level in order to go and test the over all resistance found at 1815.we are very bullish on all time frames and we had a large liquidity grab that pushed price up.
GOLD New Analysis And Long Setup Available To Catch 500 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD Finally Closed Above Our Neckline And Long Setup Avaialabe This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD New Analysis And Multiple Setups Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD New Analysis To Catch More Than 300 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions