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Xauusdwave

GOLD / 1307.xx ( update )Open Positions: May 4 1229.xx May 5 1233.xx May 24 Gold intraday level show it could climb up to 1259.xx after breaking 1251.9, which was reached, but drop to 1244.xx was anticipated as well. Gold drop to 1247.xx and close 3rd position from 1248.xx opened May 19 at break even. I said I would try to buy back 3rd position at 1244.xx but didn't happen. After studying Monthly key levels noticed the monthly key level 1249.xx reject gold up so far numerous times. And now Thursday's intraday levels show that buy from 1255.xx ish can be good. I will buy back 3rd position at 1255ish today, and I will add 4th position at 1260.xx SL for all positions will be set 1242.xx if Gold reach this level all 4 positions will be killed. I have calculated risk for these two new positions so just in case - Gold drop to SL I get minimal to no loss because two lower positions from 1233 / 1229 hitting the BE at 1242 will cover most minus for these two new positions. Closest target 1275, but initial target remain 1307.xx Good Luck and all the best.
FX:XAUUSDLong
by TheZabisyu
6
GOLD / 2nd PyramidUpdate for the previous Idea. First of all glad that Friday I closed my sells from 1258 at 1240 because had a feeling about bounce up to 1247. New month data came in and I notice an alternative view that we can have the first move up to 1262 as well that I pointed out in the previous chart. My first entry is at 1247 that means 15$ DrawDown which for me is peanuts. 1225 is still on the table but it's just late. New Pyramid again with entries 1247.xx 2nd entry at 1257.xx and if gold goes more up which I hope it does then 3rd entry is 1262.xx Each higher entry is bigger than previous and still with medium risk so I can handle the heat. The thing is since we have monthly resistance 1262 and if we reach it first that set's monthly support at 1235. Since our target is 1225 which is a frequency tag target and is stronger than monthly levels that mean's we break 1235, and if we break 1235 we have BIG chance to visit 1191. That being said boys and girls, we have a chance to catch 70$ move on this monster. If we finally have a clear rejection, because I am tired of making these pyramids :D and gold finally can do something more interesting than range rover here for weeks, and daily levels start to get bearish we will add on each day's opening - first move up to our sells. Stay tuned.
FX:XAUUSDShort
by TheZabisyu
29
GOLD / Steal from Bull ( Robbery Edition )Gold is still Bullish. We stole some cash from him already. Hopefully, he is not mad for that as we steal more, but not too much as we can get in Jail. Don't know about you but I suggested to close the shorts ( Pyramid Principle ) that we had from TOP - Friday at 1240ish because we can have a bounce up to 1247, and sure enough it bounced giving a chance to re-short after taking profit. Friday at 1247.xx my new short was triggered, I assume Gold will screw around with it as always seems that it is still in Circus. Target still remains 1225.xx I will take off 50% at 1235.xx and 50% at 1225.xx We have nice bullish accumulation for last 2 weeks and still with new April data accumulation stays, and gold is pretty bullish, but we have one problem. In Bifurcation Diagram we have now one new root in the diagram that can cause bullish problems. If gold drops all eyes open on 1226 and 1218 level. If 1218 broken I assume gold is visiting 1191. Safe trades. Trading is dynamic so that means situation changes rapidly, today 1218 means a lot later it means nothing, so the situation can change as it goes.
FX:XAUUSDShort
by TheZabisyu
28
GOLD / Wishful thinkingHonestly, every single recalculation shows one damn bull in the background. If pyramid works out and gold drops it will lead to heavy buying afterward. We have possible monthly breakouts, now the 2nd one with bullish accumulation target 1277 and 1304. If we get a drop, buy gold . I would not be surprised to see an extended leg up now around or above previous high 1263ish before the drop. Common thing after a breakout. Wishful thinking, though, but sequence I would like to see is down from here to 1225-1220 ( extended 1214 ) and back up.
FX:XAUUSDLong
by TheZabisyu
22
GOLD / Periodic Motion ( Continuation Algorithm )This chart is for test purposes. Since 2015 when I was in latest quant maths trading seminars in Iran I was given materials for study about Numerical continuation ( Continuation Algo ) In Numerical Continuation phase you can analyze only so-called parametric family We have two who can be counted in this family and they are Gold and Dollar. Since 2015 I have studied all these materials but never had success with it finding Singular points. Masters in Iran at this can find laser targeted Singular Points and predict any long-term movement in the current phase. What we will be looking at is Periodic Motion, since anything is based on Action Reaction. Last year we had Dollar Action - Gold Reaction. If I have calculated the Last Singular point correctly then we are in the phase of Gold Action - Dollar Reaction. Last Dollar Period PLC has moved from Regular Point to ODE phase ( Ordinary differential equation). In this differential equation state, we should see Periodic motion based on Gold Action - Dollar Reaction. In this chart Gold and Dollar: These are my calculated starts of period motion. Since they are in Parametric Family and they are changing from Dollar Action - Gold Reaction to Gold action - Dollar Reaction, that would mean that We have: One more up in Dollar ( not sure but can be up to singular point level ) One more down in Gold ( not sure but can be down to singular point level ) In other words, Dollar now become a mirror ( reaction ) of last years gold ( reaction ) Which equals to Gold Action - Dollar Reaction. Then Drop in Dollar and more powerful up in gold. Here is Wikipedia Material about Numerical continuation. en.wikipedia.org Once again this is for test purposes, I am an intraday trader and I trade based on Transitions and Difference between Dollar Resistance / Gold Support, long term is not my field, I am just working on a long term to master it and add to my arsenal. Good Luck.
FX:XAUUSDLong
by TheZabisyu
9
GOLD / SYS and PFR at 90'oMy buys from 1200ish are closed since gold finally reach our target. Let me shake your hand we made it all together. But gold left bearish accumulation signs earlier. If you remember this idea: Did gold reach at least 1225? Answer is no. Furthermore XO recalculations show stable Dollar Resistance and Gold support difference and now enters the state of modulation between XO90 and SYS levels while PFR remains at 90'o. I offer you to build shorts with pyramid principle and once confirmed reversal sell more. If you go in now heavy and later blow your account, then look for professional help and stop investing in FX markets. We built longs before FOMC, now we need to build them for shorts. Aim 1225-1223-1214. What I can tell you is that this is just small pullback I am aiming for, so I will look for bullish accumulation signs up here so we know that gold will return when it drops. P.S UJ hit both main and extended target. Extended target at 110.800 is a new XO 90 level ( gate ) so can provide bounce up. Or if we break it it usually provides bounce after XO 90 breakout. Gold is bullish but pullback is welcome, 1225 is not much asked for. Good Luck.
FX:XAUUSDShort
by TheZabisyu
23
GOLD / 1247 and?In March gold had two PV targets 1198 and 1304. Once new month started it went down straight to 1198 deleting it from sight. ( I did not expect it to do it anyway, just stating it after deeper analysis ) I do think it can tag 1304xx during March, that would be normal based on behavior and pivotal sentiments. Are we reaching 1247? Yes 1247 is what I feel safe about as it is unseen frequency tag target. What happens next we'll see after recalculations, can't be done now because I need exact time and date for calculations, so have to monitor when 1247 is reached. But I do think 1304xx would be a normal PV target for this month. As stated before my long entries are. 1224xx 1221xx 1220xx 1214xx 1206xx 1200xx ( opened using pyramid principle ) 1224, 1221,1220,1214 will be closed at 1247 and 1206, 1200 will be running with trail stops for extended higher targets ( since these two are 10x bigger / pyramid / and better / lower / ) So if gold reaches PV 1304 it can bring enormous rewards, if not then just hits the trail stop. That's it from me for now. FOMC and fundamental Fan boys please don't ask me what I think about this and that, I have no idea. Meaning - If Trump gets in Office ( election day ) for sure gold is going to the moon... If NFP is a beast in March gold is going under 1180 in no time... mhm.. sure thing, you can never know. So I have no Idea, no time for that, nor I care, is there a hike or there is not. P.P.S - intraday trading is done in whatsapp group and RUS Tradingview Sector from now on, here I will post not that often just once in a while. Take care.
FX:XAUUSDLong
by TheZabisyu
1
GOLD / No Spike & Pullback.Just an informative chart for followers. Some were asking why there was no spike downwards like normaly it should be, and why there is yet to be any pullback / correction. Because too heavy shorts were in the gold and too heavy longs in dollar. Checked with one of Bankers that I know who is working with largest banks in the world ( not saying the source ), Yesterday in just one sector their customers had 67$ B in Gold shorts and 115$ B in Dollar longs ( overall ) And it is just one sector of brainwashed sheeple that did blah blah about how rate hike will hit the gold and bring dollar to the moon. So in other words that money is trapped now. Human nature - most of this money will still be in just because they do want gold to pullback to eliminate the loses, but what MM want to happen is get them in hedge positions. They are not that interested in individual/company just closing the position with loss, they are more interested to get them in hedge, that is what they want and what they like, then the real game starts. Huge money is left down there and part of it is still floating. I am not interested in this aspect as I am intraday tech/math trader. Still waiting for 1247 and was building gold longs way before the hike day. But overall this is why I hate fundamentals, I never follow them, and never get involved in them. Just some of the most popular quotes from TV: " If Trump will be a president, Gold will fly to new highs " " If NFP will beat ( Last Friday / March / ) - Gold will be under 1180 in no time " " If they hike the rates, bloodbath in gold " Maybe thats already enough? If this is not working as a confirmation and you still go blah blah about what will happen on this and that ( fundamentals ) all I can say - yeah some people never change. Techs point out the direction ( in most cases ) way before fundamentals arrive. Fundamentals just fill the direction, is what I believe in and bring the volatility that we traders love, so market is not ranging. Now look for excuses why it did not work out and dollar tanked while gold fly up on rate hike. Some are good at that too. Take care peeps.
FX:XAUUSD
by TheZabisyu
6
GOLD / HoldingWasup, do we still look up? Yes, nothing have changed on my radar. What was the red area in your last chart indicating? Red zone is a zone where I was adding buys ( pyramid principle ), and daily close below this red area is where I start to hedge. Since we did not have daily close below it I did not hedge because I don't need to. My entries are: 1224xx 1221xx 1220xx 1214xx 1206xx 1200xx Taken using pyramid principle that means every lower position is taken with much bigger size than before. Aiming for the same targets. Why you don't post screenshots with your acc and positions? Because TV administration made a new house rule that prohibits to post such screens and based on that kindly asked me not to do it, that is why I cannot post these screenshots otherwise I will be banned. This is just a follow up since a lot of you ask what to do with positions. Like stated before these trades will be rewarding only with right risk management in confluence with patience. Take care.
FX:XAUUSDLong
by TheZabisyu
8
Gold bugs shot in the headGuys.... As with every $20 rise in price, gold bugs start to throw our the 50k figure... simply not going to happen. Also to add clarity, gold is not a hedge against inflation, rather a hedge against governments. The last idea I posted (see attached), showed this run to the 1250 area before continuing the decline, now it's important to understand that February desperately needed to close above the blue shaded area to show signed any significant strength for bulls. As I'm sure you've already noticed, this did not happen, indicating further decline. We are facing asset inflation, this means Draghi is in an even tougher position trying to keep up the negative interest game that has completely failed over the past 8 years. The question is whether the ECB will be compelled to end this failed policy and raise rates alongside the fed. I've mentioned previously that rates will rise because the Fed will be deprecated when they are faced with the Dow continuing its journey to 30k. Futures markets now have the probability of a hike at just under 80% (79.7), compared with the previous 50% figure only last week. Once we see below 1220 then I must mention, a waterfall will follow. All the best and join our new telegram group via the link below.
FX_IDC:XAUUSDShort
by TheBanker
21
everyone is mad at meGold managed to hold advance toward 1249.60, 38.2% level from November 2015 lows, to highs in March 2016. Market now faces resistance at 1197 and 1206, as long as we hold below this zone another drop wave will be expected toward 1172.06. Above 1206 more advance may hit market toward 1249-1250 zone. 1249.60-1250 will be treated as resistance for the coming Short-Run which may add fuel to another drop toward 1172.06-1165 zone. Not a buyer above 1249.60-1250, instead expect to see some hard selling there and I seem to be the one spreading the bad news for any bulls expecting gold to get 20k, best of luck trading this I will be uploading a daily chart to go with this as have had many requests. Please remember to thumbs up and comment, thanks!
FX_IDC:XAUUSDLong
by TheBanker
36