AO showing divergence,price attempting 1.20500 psychological level,price printed a bullish engulfing candle,price broke above a supply....entry is the failed supply zone........i believe this to be a retracement..care your money management....
AO made divergence, price reacting to 1.22000 psychological level....if price prints bearish momentum below AO zero line cut loss,but if price breaks above zero line then hold
AO showed bullish divergence, AO is above zero line, bullish engulfing candle ,price created a demand below.....this could be a possible retracement so breakeven when neccessary and observe nearest supply area
although i expect price to go to my box for a better entry.....first reason is the trendline...second is the AO cross below the zero line on the 15 minutes timeframe....keep an open mind cause price still seems be reacting to news outcome since yesterday
ao showing divergence,bearish engulfing candle,price created a supply around 1955 psychological level,Ao cross below zero line
today there will be interest rate figures release and the FOMC meeting, lets just base our forecast on the interest rate figures, I wont be trading it but i will be documenting it on my journal and for future sake that's why am leaving it here...for technical reasons...the AO on the daily has been printing just bearish momentum...although its above the zero line...
AO showed convergence, price reacting to 1905 psychological level, bullish engulfing candle around 1905 pschological.....this is a possible retracement cause trend on GOLD seems to be bearish
i tried to upload this setup earlier but network was bad.....reason for trade- Ao made a divergence,price reaction beneath my marked up zone, but be careful there is a supply zone to the left....if price can break it before 10:30 and AO shows a cross over then i will hold this trade
AO created a slight divergence,very low bearish momentum,price reacting to this zone
AO made a divergence just after making a convergence...price strongly reacting to 1925 psychological level,also price created a demand beneath 1925,finally price crossed the zero line of AO
wait for price to retest the 1925 psychological level before entry...reason for entry is price reaction around 1925 and also AO showing convergence (this happens when price retraces on the higher timeframe before forging ahead with the main trend)
Ao has confirmed divergence on 15 minutes timeframe
AO is showing a divergence as well as a weak bearish momentum,also there is a cross over above the AO.....apply proper risk management
price finds support around this zone and awesome oscilator cross
just as posted yesterday...watch for price actions on this zone to sell gold against PPI release
after a long downtrend,price makes a retracement but this time it broke sructure....look to the left it already broke the nearest lower high.....
waiting for price action around that zone to short gold......suppy area,resistance,strong high
after falling back into the resistance zone price continued generating sell candles signals like the 3 black crows in support with trendline and a resistance as well (all on the 15 minutes timeframes) you can also check for crossover of the EMA 50 and 200 on the 15 minutes timeframe.for this trade i have 4 confluences and an open mind that if may also go wrong...