GOLD Long Setup After Retest To My Supp Area To Get 300 PipsThis 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.
Xausud
GOLD Aug W.4: Long-term trend alert!Hi friends, I hope y'all had a fantastic weekend, and are ready to tackle this week strong ;)
Today, we're looking at a possible long-term drop on this baby. These trades are derived from both the weekly and monthly. Starting with the monthly, the price is in the huge double tops 2nd leg formation that is bouncing off the bullish crossed short-term moving averages with a bearish shooting start candle pattern, triggering what I call a "Double Top A-E.1 signal".
The weekly, on the other hand, is currently bearish running in the double tops L2 and below the 50 moving average and bearish crossed short-term moving averages (8 and 21), triggering what I call a "Double Top A-E.1 signal", but it hasn't fully confirmed. Let us take a look at how this signal and its trades will trigger, and how it won't fully confirm our bias.
Bulls: -If the price bullish rallies to break and retest the 2nd Weekly Key Lvl and 8 m.a, that will dis-confirm both the weekly and monthly signals, and the price would be in prep to form a bullish reversal pattern that will be followed by a bullish trend.
Bears: -If the price bullish spikes or retests the Weekly Neckline 3 or 2nd Weekly Key Lvl and 8 m.a with a bearish candle pattern or reversal candle pattern formation/close (1st trade signal) that leads the price to bearish break and retest the Mini Daily Half a Bat Neckline (2nd trade signal), that will confirm our bias and the price will drop for this timeframes double top L3 and the monthly's double top accumulation phase.
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know you thoughts!
Stay Blessed.
GOLD July W.4: Short-term trend alertHi friends, I hope y'all had a fantastic weekend ;)
Today, we're looking a beautiful short-term trend signal on this baby. This trend is derived from the weekly where the price recently closed with a bullish reversal candle pattern in the double tops 2nd level. Usually when the price closed in that manner, a counter-trend occurs that will retest previous broken and not retested key levels before trend continuation. In this situation, the price seem to want to do that, however, there is a probability for the counter-trend to not play out because as you know there's no certainty in the markets. With that said, let us discuss how these trades will be triggered and entirely dis-confirmed.
Bulls: -The price bearish bounced off the Mini Daily Half a Bat Neckline, 50 and bullish crossed short-term m.a's with a bullish reversal candle close that is followed by a bullish candle (1st trade); if that trade signal leads the price to rally to break and retest the 2nd 4H Key Lvl (2nd trade), that will fully confirm our bias. I call these trades a "Half a Bat B-E.1 & E.2 signal".
Bears: -If the price bearish breaks and retests the 1st 4H Key Lvl together with the 50 and bearish crossed short-term m.a's, that will dis-confirm our bias. Thus we won't be taking any trade.
This is not financial advice, but if you interested in taking these trades with me, these are their signals:
BUY E.1@: 1728.48
Lot Size: 0.07
S.L @: 1720.28 (-0.43%)
T.P 4@: 1787.49 (+3.14%)
R/R/R: 1:4
BUY E.2@: 1741.00
Lot Size: 0.07
S.L @: 1732.37 (-0.46%)
T.P 3@: 1787.49 (+2.47%)
R/R/R: 1:3
To successfully manage the trades in cutting their loss short, follow this strategy:
-If the price bearish breaks and closes below the Mini Daily Half a Bat Neckline, then you should close the trade...(E.1)
-If the price bearish breaks and closes below the 2nd 4H Key Lvl, then you should close the trade...(E.2)
To successfully manage the trades in letting the profits run, follow this strategy:
-If the price triggers the 2nd trade signal, then you should move the stop loss to B.E...(E.1)
-If the price triggers the Half a Bats C-E.1/E.2 signal, then you should move the stop loss to B.E...(E.2)
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts!
Stay Blessed,
Doji-2k1.
#GOLD Buy Idea.Great Setup For a buy
minimum 300 Pips in profit.
We have double Bullish confirmatios in HTF & LTF
#GOLD ⭐️Let's see how GOLD is behaving.
This is a 1D chart. (Mid Term)
There is a solid resistance area on the way up, which requires massive buy volumes to reach and cross.
There is only one support level on the way down, holding the value up.
The price is at the local resistance zone, which might get rejected.
If we pass this resistance level, after the confirmation, you can put the solid resistance level as your target.
The marker is showing sell volumes for GOLD.
The RSI shows that GOLD is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $1855.57
Let me know your ideas.
Good luck.
Gold growth to 1918.00 is more likely!just now
Gold broke above the falling trendline that acts as the resistance of the descending channel . I expect price to rise after some consolidations.
Goal 1918.00
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TOMOCHAIN Daily TA : 04.29.22 : #TOMOIn this chart, we have examined the important and key levels of price supports and resistances , as well as the appealing levels for possible investment opportunity in this chart have been identified and you can keep an eye on it .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.29.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
What is driving gold The yellow metal, after briefly touching the $2,000 level is back down to $1,900, support provided by its EMA so far. Gold's rally this year has been partly predicated on the view that the surge in commodity prices will make already hot inflation persistent.
However, that might no longer be the case as future growth is becoming uncertain due to multiple factors, notably, China's zero Covid policy, the conflict in Ukraine, and Fed's attempt to cool down the economy.
GoldViewFX - MARKET UPDATE Hey Everyone,
Quick update from yesterdays post. Not much change in analysis, as we had some tight movement sideways.
We were able to take some buys from 1894 up to 1907.
As long as 1888 stays intact for now we expect price to steadily move back up to 1917 for a challenge. A failure to break above 1917 will confirm further movement down to challenge 1888. A break above 1917 will open targets back up to 1921, 1926, 1932, 1937 and back up to 1945. A break below 1888 will open the lower levels, which we will update and share soon as we see this break with EMA5 cross and lock.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support us. We really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURUSD 15Min Scalping : +40 Pips ✅As you can see, the price exactly according to our analysis in the channel started to fall from 1.135 , so far it has brought us more than 40 pips return. I expect a positive reaction to OB+ in the range of 1.1288 to 1.13.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
GOLD lowterm bearish for next daysGOLD lowterm bearish for next days
I think this week GOLD will broke 1888 level, with 1822 and 1812.50 as targets.
Be carefull, patient and discipline.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Good trades to All.
The information and my publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied by me or endorsed by TradingView.