Hi Guys, GOLD entered 2019 bullish driven by the fall in stock markets. It was supported in week1 and week3 before continuing for higher highs. In week7 Gold made a top at 1346. The pullback was supported in week9 at same level of week1 and week3. SMAs support the uptrend and now Gold is squeezed between the two SMAs. AToW IMHO Gold maybe set for a run above 1310...
Hi Guys, if you drag backwards the above chart you will find LS in week4. LS (left shoulder) week4 H (head) week7 RS (right shoulder) week10 IMPORTANT: RS was the idea, opportunities were along the way. At 1310 Gold will start facing resistance. Be carefull. For a complete picture please refer to my post dated March 10 in the related ideas linked below (GOLD:...
Hi Guys, on Monday morning Gold retrieved from Friday's hights along with sentiment as shown in RSI to find support on the 100SMA at approx 1290 in the afternoon. Retail Sales were up today but faild to uplift DXY above 97.40 turning short term sentiment for US dollar into bearish (positive for Gold). AToW Gold is still supported by the 100SMA even if sentiment...
Hi Guys, this is a follow up of the idea I posted on March 3, before week9. See the H&S pattern taking shape? The yellow metal seems to have found support at same level as in week3 but below the 156SMA and most important below 1.300. Week10 will provide interisting opportunities as it unfolds therefore I would not rush in on Monday morning but let the price make...
Hi Guys, GOLD could range below 1300 all week10. On Monday morning before 9 o'clock price could break above 1300 level but if pushed back below by 250SMA at opening price will form a bull trap that would look for support on the 100SMA. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me...
Hi Guys, EUR/USD and DXY unfolded their moves. See posts in the related links below. Gold pushing on 1282/81. Will it break or will it bounce? Thank you for your support and for sharing your ideas. Don't forget to like if you like the post and to follow if you want to receive notifications on new or updated ideas. Respect, Be Carefull and Enjoy:)...
Hi Guys, following last Friday's big move, let's see how week 9 commence before adventuring into the jungle of intraday/intraweek noise. Last week price closed below 1300 and momentum may drive price lower than 1290 early on Monday. In this case support at 1276. However price could also travel inside the black box at least until mid-week before deciding which...
Hi Guys, before we start, in order to understand the bold red line crossing this chart, please click & play the following structure: Yes! Price dived right into the upper bold red line of the structure where it seems to have stopped now. As you can see A ends the Bull Run commenced on Aug 16, 2018 before diving right into the upper bold red line of the...
Hi Guys, following my previous post which I strongly reccomend to click & play in order to watch the move unfold and especially to see how price tend to cut you out if you don't get the right timing. Price moved between the two SMAs for the last time on Wednesday before coming down pushed by the 103 yesterday. Data reports and news helped Gold exit those...
Hi Guys, I've adjusted the periods of the SMAs by adding 50 to both. Price crossed the blue horizontal line and is encountering various supportive elements from a technical point of view. If it crosses back the blue horizontal line in the next 2 to 4 candlesticks I will set up short-term trades targetting the red line when it crosses the 103SMA. If it does not...
Hi Guys, arising tensions in Venezuela may escalate following the event organized at the border with Colombia. I hope things won't get out of hand but if they do, Gold will probably exceed B. The above chart has been divided in weeks. Vertical lines represent the start and the end of the weeks. The end of next week is marked with finish flags. During the week...
Hi Guys as alaways please find below the "correlated" moves on USD/JPY but in the opposite direction: For potential opportunities please also view the related ideas linked below. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained...
Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully...
Thank you for following and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully...
...this is what happens when you spend too much time on TradingView. Lol Watch this... Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment...