GoldCartel

GoldCartel Mod

As long as it stays below the minor trendline, my analysis remains the same. If it can breakout above the minor trendline, XAU will be going back up to retest 1816-1818 zones. We all waiting for the catalyst: - CPI - Treasury Currency Report - Sales data - Prelim UoM consumer sentiment - G20 Here's the link to see the previous analysis. It was a pretty good trades.

GoldCartel Mod

So far, it failed to break out the 1.372 zones. It retested that June 1, 2020, anchor candle zone three times and got rejected. If it can break out and close below the major support 1.348, I believe it will keep falling to the potential targets in the next few days. Catalyst: - CAD Jobs data - BOC Monetary Policy Report - BOC Rate Statement - CAD Interest rate -...

GoldCartel Mod

It was a long wick H4 pin bar candle when it tests the 1818 zone, a strong indication of rejection. Currently, I believe Gold needs a retracement based on technical analysis. Catalyst: This week - US Jobless claims - US PPI Next week - CPI - Treasury Currency Report - Sales data - G20 PS: Please don't trade this analysis blindly, do your research before you...

GoldCartel Mod

Currently, The target remains the same. This week, we are just waiting for the US Jobless claims and PPI data. Catalyst: US Jobless claims, US PPI, GBP GDP, CPI, BOE, and Sales data

GoldCartel Mod

PS: This analysis fails if it can break out and close above 1800 1795.90 was the 2012's pivot, one of the most vigorous resistance in history. This zone could be a great sell zone with a tight SL.

GoldCartel Mod Updated 

In the previous analysis, It was an excellent trade and reached the target zone (Please click the arrow on the chart to see the analysis). Yesterday in the US session, we tried to BUY at 1775 but got stopped out at 1774 when US PMI data released. Then the chart showed a nice rejection candle after FOMC at 1759. My clients bought at 1762-65, and it reached some...

GoldCartel Mod Updated 

It was an excellent rejection on the H4 time-frame, and last week the market closed above the major resistance at 1765, a good sign of bullish continuation. Fed Chair Powell is going to Testifies this week, US ADP, NFP, Jobless rate, and Unemployment claims will give a strong catalyst. PS: This analysis fails if H4 candle can breakout and close below the...

GoldCartel Mod Updated 

1760-65 could be the best sell zone, but there's no sign of a valid strong rejection candle yet. This week we all waiting for a robust incoming catalyst; US Flash PMI, Final GDP, Jobless claims, Bank Stress Test Results, and the US PCE The previous analysis (June 19, 2020) failed, last week Powell gave a strong reason for Bull to hold their trade over the...

GoldCartel Mod Updated 

Fed Chair Powell is speaking right now, and this could be just a false breakout. I don't think the market ready to go higher this week, needs a more robust catalyst. Next week will be exciting, We all waiting patiently to see US GDP, Jobless claims, PCI, CPI, and Bank stress data. PS: This analysis fails if it can break out and close above the "POTENTIAL SELL...

GoldCartel Mod Updated 

Bravo! It was a great trade that we entered on May 25, 2020, reached all the targets. Here's the updated analysis, and this is a potential massive trade. Catalyst: Fed Chair Powell Speaks, GBP PMI, US GDP, and Jobless claims PS: This trade fails if it can break out and close below the support 1.243 - 1.241 zones. Please don't trade this analysis blindly.

GoldCartel Mod Updated 

Feel free to check my USD/CAD history analysis and updates by clicking the small arrow/dot in the chart. Currently, it looks like a bearish continuation. Please don't trade this analysis blindly because this price is a terrible price to enter a short position, find a good entry on the lower time frame. I sent this chart below to my clients. Here's our recent...

GoldCartel Mod

This analysis based on the price action, and Playstation 5 is coming this holiday 2020. Will it keep going up to the all-time high? maybe, time will tell.

GoldCartel Mod Updated 

Feel free to check my AUD/USD history analysis and updates by clicking the small arrow/dot in the chart. This resistance zone could be the best price to enter a sell trade, the target is the minor trendline, It has the potential to fall to the target in 10 days, most likely will reach the target on June 22, 2020 PS: This trade based on price action, don't trade...

GoldCartel Mod Updated 

Feel free to check my USD/CAD history analysis and updates by clicking the small arrow/dot in the chart. I was a GREAT trade, finally reached the final target at 1.343 zones, and closed March 2020 gap. Maybe 1.340 was a great BUY zone with a tight SL, target 1.372 CAD Unemployment Rate 13.7% CAD Unemployment change 289.6K NFP 2509K US Unemployment rate 13.3% If...

GoldCartel Mod Updated 

Feel free to check my USD/CAD history analysis and updates by clicking the small arrow/dot in the chart. It almost reaches my final target at 1.343 zones! Enjoy the profit if you traded the previous analysis that I posted on May 25, 2020. Currently, I plan to BUY USD/CAD all in if the price rejecting 1.343 zones. I posted this analysis on May 25, 2020

GoldCartel Mod Updated 

Feel free to check my XAU/USD history analysis and updates by clicking the small arrow/dot in the chart. Catalyst: US NFP, Jobless rate, and Earnings PS: This analysis fails if it can break out and close below the BUY zone, and it will depend on the US data I sent these charts below to my clients and I added these charts into my previous XAUUSD...

GoldCartel Mod Updated 

Feel free to check my XAU/USD history analysis and updates by clicking the small arrow/dot in the chart. If you following and trade my XAU/USD analysis, enjoy your profit! Right now it just a waiting game, Powell will show the direction. Chart May 18, 2020 Chart May 20, 2020 Chart May 21, 2020 Chart May 22, 2020 Here's my client's recent trade, chart May...

GoldCartel Mod Updated 

Catalyst: Price action, BOC Gov Poloz Speaks, CAD GDP, CAD RMPI, US Prelim GDP, and Powell PS: This trade fails if it can break out and close above the H4 resistance 1.405