Nofomo
GOLD Set to make new Highs before the week ClosesI was looking for a bigger pullback but we didnt get it. The way price is moving and based on the FOMC news I think the pull back is over and price is ready to continue bullish. We just came into the killzone and things look like they are lining up. Trailing stop along the way.
Gold Sweeps before Major PlaysWait if you looking for the move! Cause price will give us some type of validation of what it wants to do. It can remain bullish and break through this area or it can pull back and grab some liquidity before continuing. We just have to wait for the killzones to show up a clearer read.
Gold is Holding the the bullish Pressure! Price moved bullish yesterday then stalled during NY session and ended up pulling back for the rest of the day. As we come into Asian session for a new day the question is will they retrace to give a low entry or just run and gun it out the gate? We just have to be patient and wait for it.
GOLD Setting up for a nice run!Now that we are in a new week and new month it looks like its setting up for a big move. Just have to wait for the killzones for a solid entry. I just need to see it fill in some gaps. Waiting for the Asian range but it looks like it might be bearish until the London session. For London we could see a sweep and then aggressive push to go bullish. We just have to wait and see.
GOLD GAVE US CHOP...Now will it Move?We got nothing but chop pending news yesterday. Now that new is out the way...we are more likely to get a solid move. Just waiting for the killzone to make a decision on a direction. We need a nice pull back for a solid pull run so I will wait for it to pull outside of value.
GOLD is setting up for the week! Switched to doing my breakdown on the micro contract since is what I actually trade and the forex chart is not moving in sync with it currently so I cant trust that price action. Expecting for a set up on a major play tonight some time between Asian session and London. Price is ultimately bearish so we not looking to get in until price moves outside of value to give us a entry.
$BTC Inauguration Day Possible $140k? No I doubt it as this indicator I use isn’t always right at all it’s always either very positive or very negative.
However this indicator remains plausible.
But the fact we have already gone from FWB:98K to $109k today in only 1 hour. We might expect to see a sharp decline to somewhere like $104-$106k but even then this will be a short intra-day drop before a regaining of the overall bullish trend and sentiment.
Do be cautious if you are on the Long and want to make profit soon keep eye on those entry or exit points of yours and don’t fall for any FOMO.
Also IMO this is the start. The start of a large growth period. Yes there will be downs and BIGGER DOWNS THAN EVER BEFORE. Because the value and volume is larger than ever. The 10% drops can be $11k instead of at 30k that’s $3k.
So remember that the larger loss ot seems from same % drops as before is just an illusion you still loose the same or gain the same amount of CRYPTOCAP:BTC coin.
Stay strong KEEP BUYING! Let’s make more supply shock!? It only benefits everyone who owns it!
Will GOLD Break the yearly High this week???We are still bullish on Gold and looking for more breakouts to happen. Price looks like it is currently establishing a Low for the week. We will look it do its think and look for it to show some signs of support before getting active. if we start making Lower Lows we will hold off and wait for breaks in structure. But overall I think there are some good moves to be caught this week cause we could be moving into full volatility.