Xausd
XAUUSD SHORT As forecasted!!!!XAUUSD is heading south. I had missed a trade late last night on this pair short. As forecasted on Sunday, Silver is going down. We are coming up to some key traffic areas . Lets see what type of reaction we get before entering. I will be looking for some good continuation patterns. Silver will fill the Daily IMB and Weekly IMB short at some stage. Lets see what the next two days of Price action presents itself. Long positions, I will wait for my key Areas to get hit first and I will wait for some confirmation before entering. CONSISTENCY IS THE KEY TO SUCCESS!!!
GOLD a double bottom over the weekly support 🦐GOLD on the 4h chart after the last bearish move until the 1790 level bounced and now testing the 1845 area.
The price created a double bottom over the support and according to Plantonì's strategy, if the conditions will be satisfied, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
XAU/USD Supply and Demand Zones!!How to identify these zones?? It's simple because these zones are characterized by strong moves. The secret behind supply and
demand areas is that big players put their pending orders there, when the market approaches these zones, we see a crazy move from these levels.
The daily and 4-hour supply and demand areas are the most powerful zones in the market.
What do you think?
Traders switch from Indices & Gold to BitcoinDespite all of the fundamental reason and environment indicator, all traders has been switched to the bitcoin.
Right now I have been invest in the bitcoin and make it as an investment non traded.
Unlike the indices and gold, we must rely the main factor.
On the other hand, online system working from home thus the online money, making the bitcoin in demand.
Bitcoin is a second income that back up the indices and gold apparently.
The bitcoin has be in trend after it reached to the $30,000 value.
Compare to the other 4 years back while bitcoin still on $400-$500 in value.
Now, bitcoin and all other altcoins trader looks into and they want to get rid the political issued
on the indices and apparently gold has comin into issued plus with the dollar from $103 value
going to the $0 value in the future.
Regards,
Zezu Zaza
2048