GOLD / 500oz swing / #6. FED hype, triangles and others.Hi.
Today my Entry at 1333 got filled, you can see it in related idea.
Looking for Gold to recover, since I have signals for EUR USD pointing up mid term, and DXY is at 95 Resistance that ain't weak, and can send DXY to 92's.
People still looking for some triangles, for one they are broken, others find new ones - Chaos.
Big sharks ain't drawing triangles or patterns on charts.
Breaking down some triangle line / trend line or whatever it is called, doesn't mean the Gold will be falling.
How it broke these " Holly Grail " lines downside so it can do the same upside, will it mean that Gold is Long?
As well people believing in some FED Rate Hike bubble etc, of corse there will be hype, to play around with retailers.
Look up SSI as well.
I am bullish on Gold and will be till targets are met.
TPP.
Xauusdwave
GOLD / 500oz swing / Review. With Screenshots.Hello. So far so Good, First five Gold 500oz swing series Ideas are making Some decent money.
As always I did Saturday Analysis, I will update new idea on Monday, because if there is a gap, recalculation comes in and may change the situation.
What I can tell is that I don't like Gold closing here because that moves wave 6 pivots down, what means we can slide and slide lower and lower, and a lot more power will be needed to get higher, since we have pressure up there tightening.
But still the last man standing 0% base is intact ( not broken ) and while it is not broken bulls are in safe zone.
eur/usd has some serious support underneeth it as well.
First of all I will be watching for the price reaching levels.
It works like a signal.
I will be watching these both:
prnt.sc
If market reaches Heading towards daily, I may go for sell, because Temporary Direction suggests the same.
If Upward temorary direction completed, follows the downward temporary direction.
Other than that if price drops to buy zone, without reaching HTD first, I go for buy, and place second entry at 1336.00.
We can see Wave 6 pivots mooving lower, these 3 bad boys will be tough ( or I should say - should be tough. )
As well wave 5 remains the same, thats why break downside from wave 5 should make bulls panic.
prnt.sc
Current Gate ( AFT Price Gate ) is showing serious support at the same zone where 0% base from wave 5 is.
prnt.sc
At the end I want to say that Overall atm Gold has entered Bear zone, and even if it tags the highs that people are talking about here ( 14$ and higher ) It will fall down like a rock.
But I trade what I see, but longer term view for gold is not so promising like many here thinks.
I am looking for Gold to tg 1370 and if it happens, I will be starting to look for Long term Sell entry at the Top, and add more as we go!
Happy weekend, and thank you for your support.
TPP
www.tpparadigma.com
GOLD / 500oz swing / Monday Update.Hello.
I anticipate some Uber movements on Gold till Friday.
Good to swing trade this week.
Look at related idea.
Gold opened right on MHP level and reached 0% base aggressive buying zone.
If that is broken, we have a new wave to come.
Other than that, for up moves look at 50% mark and 46-48 area.
Cheers.
TPP
www.tpparadigma.com
See you in October 8th.
I may post once in a while if I spot some good trade and If I have time for that.
GOLD / 500oz swing / #5Hello!
Gold doing well, as well eur/usd approached RESISTANCE.
Yesterday Pivot to TP1 completed:
- prnt.sc
Short from 100% base, took TP at a completion of temporary direction:
- prnt.sc
Can go retest 100% or break 50% downwards to complete TP 2 and maybe 0% Base:
- prnt.sc
Price will tell.
Happy Pipin.
TPP
www.tpparadigma.com
Gold Futures.. Long Term EW TP @ $4000Good morning traders,
I hope you are all enjoying your weekend.
This is my long term view on gold-0.50% over the coming years, I am asked daily where I believe the 'moon' to be, and given the likelihood of a crash I suspect we will break 2000 sooner than expected and begin the journey to 4000.
This does not mean go out and buy XAU tomorrow, instead, buy the dips. The coming week after Friday's close is suggesting a near-term down trend targeting 1320-0.29% - use this to start scaling into what should be a 10 year trade here.
Plenty of opportunity to add to your position so remember to not over leverage and focus on entries. I am an investor, not a gambler, fiat is struggling. I will also post up other precious metal charts both ST and LT1.17% views.
GL with this, see you at 4000 when I have grey hairs!
Thanks.
www.tradingsignalreviews.com
Different perspective on gold.Earlier we were hoping for a short term short knowing that the general trend is bullish.
We took 20 pips in the old trade and we have a new trade setup here.
We have a minor channel embedded in a major channel, I have already bought at 1317 .
I don't think its wise selling even if we do break to the downside but this scenario is quite unlikely.
you can either buy at this point if your a aggressive trader or wait for it to break out the minor channel before making a move.
XAU/USD Market Analysis and Trading Tips 6th July 2016
Overview:
The Gold markets rally during the course of the session on Tuesday to the level of $1370. At this point in time, we strongly believe that market is on its bull rally and ready to go higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and and market is sustaining above the 100 days moving average on its 4 hourly chart. It is having important resistance level at significantly psychological number at the level of $1400 and support level at the level of $1340. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy.
www.tradingsignalreviews.com
XAUUSD Overview and Trading Tip 5th July 2016Overview:
The Gold markets rally during the course of the session on Monday, but found enough support at the level of $1350 and take correction. At this point, market is continuously sustaining on higher level, it indicate market is ready to higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and market is sustaining above the 100 days moving average on its 4 hourly chart. It is having important resistance at the level of $1360 and support level at the level of $1340. If market sustain above its resistance level, it will lead to further upside rally in the market. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy.
www.tradingsignalreviews.com
XAU/USD Market Analysis and Trading Tips 29th June 2016Overview:
The Gold market fell during the day on Tuesday, but did found enough support below at the level of $1305 to bounce slightly. The main trend of Gold is bullish on charts and the $1300 level is looking a strong support level, at this point in time buyers are still interested in in the precious metal . The primary trend of Gold is bullish on charts. On its 4 hourly chart, market is trading above 100 days moving average. It is having important resistance at the level of $1330 and support level at the level of $1300. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy.
www.tradingsignalreviews.com
XAU/USD 16/4/2016Gold
1233.39
Market managed to sustain drop where tested 1225 zone while as we see over the chart market will face support zone at 1215-20 for the uptrend line.
as long as market holding above support 1215-20 another rebound toward 1245-50 may be expected
below 1208 market will face new drop pressure to head for testing 1190-95 zone
Support Resistance
Level 1 1215-20 1245-50
Level 2 1208 1265
Level 3 1190-95 1275
www.tradingsignalreviews.com
Comex Market Analysis and Trading Tips 7th April 2016 - XAUUSDOverview:
Gold futures edged higher in European trade on Thursday, after minutes from the Federal Reserve’s latest policy meeting underscored caution about future rate hikes. Gold Comex division tacked on $6.40, or 0.52%, to trade at $1,230.20 a troy ounce by 06:59GMT. A day earlier, gold lost $5.80, or 0.47%.
On technical chart, Short term trend of Gold is bullish on chart. On its, Daily chart, market is taking support of 50 SMA . It is sustaining above Daily trend-line & 50 SMA on 4-Hourly Charts. Now it can test the next resistance of 1245. On Lower side it is having good support of significant level of 1207 on Daily charts.
www.tradingsignalreviews.com