Brandon_evo4

Brandon_evo4

() This is a general image of the old analysis - and here is the link to it directly Alright guys so as I would have mentioned in the GOLD Minds forum I wish to re-do the analysis that I did a few days ago because truth be told I was wrong about what I thought it would do. I am not ashamed of this because 1. I didn't force any trade and 2. I am aware that I...

Brandon_evo4

What is up folks so I have an analysis I wish to discuss before the new trading day begins - My reason for wanting to drop it now is because I am seeing something that may be concerning and I wish to cover it now Everything is color coding so I will explain - Let us begin So if we begin with the monthly timeframe we know that at the end of the day gold is still...

Brandon_evo4 Updated 

As you can see here - my buy position is still open and in profit, the red dashed line represents where my stop loss is in profit and as I am typing this the trade is floating at just under 1:3RRR On the 1 minute time frame you will realize that a big chunk of sellers may again be induced to enter sells seeing as gold is at a "high" point LOL - I can't see why...

Brandon_evo4

Good Morning folks - I quickly just wish to discuss what I think I am seeing on gold on the 1 minute timeframe So we know that in the last day or so we had a really aggressive run up (bull move) on gold This means that there will be buyers getting in rather late in hopes that they can still catch the move Highlighted in blue we have what appears (to me) to be a...

Brandon_evo4

by the way I think sells have now become dangerous as that low has been both tapped and rejected - buys aren't ready just yet but sells have become a hazard I will produce a more extensive analysis in a few hours I still Wouldn't trust buys just yet as the bullish momentum isn't very clear as of yet - it could still drop at anytime - however as I would have...

Brandon_evo4

Good Morning folks - How is everyone this morning, As per yesterday, I closed my sell around the green circle because if you remember what I said. I mentioned that gold would be temporarily bearish so sells should hold for that long (we know it won't be forever) It seems that I was right to close because price didn't go that much lower after me closing, only...

Brandon_evo4

Just got back from the gym - Checking it now ,seeing as we have news in 15 minutes or so The fact that gold is pushing so aggressively prior to said event - further strengthens the case for sells in my opinion Why would it go through all this stress to buy before the news and continue to buy? when we know we need to destroy buyers at the low This bull push...

Brandon_evo4 Updated 

Good Morning Folks - So what we wanted to see last week on gold which would be that gold found its directional bias to be bullish again. Yeah, no that didn't occur I Said I wouldn't trust buys until the previous ATH is at least achieved and I stand by that At this time gold is clearly bearish momentum based even though gold itself is a bull market. My question...

Brandon_evo4

What's up guys so I've closed my sell but I'm still looking at gold itself and I want to discuss this price action within this green circle here This price action speaks to rejection - it suggests that gold is having more problems moving lower and maybe we should look into buys But I think this in and of itself is a trick being played on us by the dealer - I've...

Brandon_evo4

s3.tradingview.com Good Morning folks - we have NFP in just under an hour or so Gold is still range bound having (as I would have mentioned days prior) not doing anything significant However the purpose of keeping gold within the range is to continue inducing traders to both buy and sell within the range The dealer cannot take your money if it never leaves...

Brandon_evo4

Good Morning Folks - Virtually not a lot of movement on gold as price is still within the range - Not going to even bother to look for anything today as trading within the range for my style doesn't provide much opportunities If trading within a range works for you - now is your chance but personally I feel like gold hasn't been up to much in the last 3 or so...

Brandon_evo4

Alright so first things first on gold The monthly timeframe suggests a few things to me as I can see that the ATH (all time high) has been broken AND Rejected HOWEVER - We have over 23 days again before this monthly candle closes which means anything can occur between now and then end of the Month & by extension the end of the Year The question I am...

09:58

Brandon_evo4

Do you think zones create price? or price creates zones? It is a question most traders would never ponder right? Be honest, have you? I ask myself this question rather frequently and the more I ask it the more I realize that it makes more sense that price creates the zones. The reason this is important is because if we know that zones are being created with price...

08:50

Brandon_evo4

Hey guys what's up Brandon here, @ekatatrading, this idea isn't to give a signal - it is more so to give my understanding of why I thought that gold could do something like this weeks ago, I will link these Tradingview ideas in this post. Sellers really didn't understand that any sell they would have taken would have been an induction, it didn't mean that you...

06:18

Brandon_evo4

"NEVER GO AGAINST THE MOMENTUM UNLESS A REVERSAL IS CLEAR" - @ekatatrading \ Brandon Abass This is a law that I have created for myself many years ago and it continues to serve me to this day - like I would have mentioned earlier today I missed my opportunity to buy but never the less the law holds true. Please Note - this is not me telling you to BUY here but I...

06:48

Brandon_evo4

Gold at this time isn't doing much as I would have discussed in the video idea itself, it is heavily consolidated at this time. We know that after every big move the next thing the market is likely to do is consolidate because everything needs to take a break sometimes. Gold taking a rest - That being said it would be wise (in my opinion) rather than trying...

04:39

Brandon_evo4

Given that gold would have bought really aggressively yesterday after destroying sellers at the previous high, I believe the dealer needs to take the opposite side of things temporarily. What I mean by this is that the dealer needs to worry about traders who now ACTUALLY have the direction correct (BUY) In a bull market buyers WILL win if they can get their...

05:19

Brandon_evo4

Hey guys Brandon here, ekatatrading..So I wanna briefly discuss what I am seeing on gold as of right now and this will very likely be my last update for the week on gold I'd be honest this bull push that is occurring right now was very unexpected FOR ME, I didn't see that coming - but I'd love to hear from the guys who will make B.S statements such as oh they...