GoldCartel

GoldCartel Mod Updated 

Currently, for the short-term target, I reckon It has the potential to retest the H4 trendline. Will adding more sell if it breaks and close below the trendline or will TP the sell trade then buy heavily if it rejects the trendline. Catalyst: Price action, US CB, FOMC, and PMI PS: Feel free to share/attach your analysis to this post. Last week, I shared this...

GoldCartel Mod

Currently waiting for the right moment to enter the sell trade. I'm going to sell heavily if the H4 candle can breakout and close below 106.9 zones and the potential target will be at 104 to 105 zones. Catalyst: Price action, US CB, FOMC, and PMI PS: This trade fails if the H4 candle rejecting 106.9 zones

GoldCartel Mod Updated 

For the short-term trade, It has the potential to fall to retest the broken minor trendline. My long-term target remains the same at 0.664. Catalyst: Price action, AUD CPI, US CB, FOMC, and PMI PS: This short-term analysis fails if it can break out and close above 0.647 Here's the link to my Buy analysis

GoldCartel Mod Updated 

My sentiment remains Bullish, Still holding a few long positions, and will act accordingly if the candles show a fail bullish continuation. Currently, I reckon AUD will continue the rally until 0.664 zones Catalyst: Price action

GoldCartel Mod

EUR/USD has the potential to fall to the monthly major support Catalyst: Price action I posted this chart to my group on April 1, 2020 PS: Don't trade this analysis blindly, do your own analysis to find the best entry. The target zones are based on the monthly time-frame technical analysis

GoldCartel Mod Updated 

If today's daily candle closes above 1675 zones, it has the potential to go back up to 1700, 1710 even to 1740 zones, Time will tell. Catalyst: Price action, US PMI, Jobless claims and Durable goods data PS: This trade fails if it breakout and close below the support zones

GoldCartel Mod Updated 

It tested 38.20% Fibonacci retracement 4 times, I reckon bitcoin has the potential to make a new high above the upper channel line. The final target will be $33k (This calculation based on the first $19k rally) If it rejecting the upper channel line, I reckon bitcoin will fall to $3k - $0. Buying the breakout or selling the rejection.

GoldCartel Mod Updated 

Catalyst: AUD Employment Change 5.9K AUD Jobless Rate 5.2% RBA - The central bank will keep doing what is necessary to meet the 3-year yield goal - GDP could significantly fall in the second quarter and remain subdued in Q3 - Risks in commercial property warrants close monitoring (BBG) RBA Governor Lowe - Likely that Y/Y inflation will be negative in Q2 -...

GoldCartel Mod Updated 

Catalyst: Price action PS: This trade fails if it can break out and close above the upper pennant line

GoldCartel Mod

7 could be the best rates to enter a long-term buy trade. Catalyst: Price action PS: This trade fails if it is breakout and closes below 7

GoldCartel Mod Updated 

Catalyst: Price action, ECB, and US Jobless claims PS: This trade fails if it breaks below the minor trendline

GoldCartel Mod Updated 

It was a double top on the H4 TF and this could be a valid breakout of the trendline, 1680-1690 really possible as long as it stays below the trendline.

GoldCartel Mod Updated 

AUD Employment Change 5.9K AUD Jobless Rate 5.2% Currently, the AUD data shows a good sign for Bulls, and we still waiting for the US Jobless claims data in the next 4 hours. So far it rejected the 38.20% Fib retracement. I agree on the H4 trendline looks like a breakout, but once again, the US Jobless claims data could be a strong catalyst to push gold further...

GoldCartel Mod Updated 

The trendline could be the best buy entry or will sell heavily if it's a breakout and close below the trendline. Currently waiting for the data and NY open. Catalyst: US Jobless claims

GoldCartel Mod Updated 

Catalyst: Price action I reckon XAUUSD needs a retracement at least until the US Jobless claims data release. PS: This trade fails if it can breakout and close above 1750

GoldCartel Mod Updated 

The long-term target remains the same at the Downtrend line and it has the potential to go up to test the weekly "anchor" candle (Weekly major resistance). Catalyst: AUD Jobs data and US Jobless claims

GoldCartel Mod Updated 

Catalyst: Price action, coronavirus and Fundamental 2 potential BUY zones, A and B There's a huge Head and Shoulders pattern on the H4 time-frame PS: This trade fail if it falls back to below the major support

GoldCartel Mod

I reckon it will fall to retest the 38.20% Fib retracement and it has the potential to go up to the final target at the major downtrend line Catalyst: AU EC, Jobless rate and US Jobless claims PS: This trade fails if it can break out and close above 0.63700 and if it falls to below the 38.20% Fib retracement