Hello traders, Gold finally did it and break the bottom of the weekly channel with the help of Federal reserve by fixing the interest rate with intention of further interest rates hikes this year. Accordingly, I will only sell and my selling zone will be between 1940-1950, I already made huge profit this month and will not allow big whale to deceive me and make...
Hey Traders, I hope you made profit today with low risk setup.
Hello Traders, Simply, today I will trade as follows: Buy @1952 and TP 1957, 1969, 1965, 1970, 1973, 1979, 1984, 1989. Sell @1942 and TP 1937, 1932, 1922, 1914, 1905, 1900 Wish good luck for all
Hey Traders, Even it was tough trading day, we were able to make good profit.
Hello Traders, At lower time frame the price create ascending channel, if price break any of the channel borders, I guess it will continue with same direction.
Dear Traders, Today there will be a sharp fluctuation in gold prices, awaiting US inflation data, and we may see gold at levels below 1940 and also above 2000. Therefore, trading must be done with caution and high-level of money management, and as we are used to in many cases, the price response at the beginning does not reflect the reality of the expected...
Dear Traders, I hope you enjoyed the weekend and charged your energy for a week full of challenges and profits. Despite my expectations that gold will rise next week, because it did not respond properly to the negative news for the US dollar on Thursday, as well as for the Canadian dollar on Friday. I will follow the price wherever it goes, so I will trade next...
Hello Traders, It is not clear if the price will go up or down as of now, but as usual I will follow the price breakout in my trades: Buy @1971.80 TP 1973.82, 1979, 1982, 1985, 1989, 1993 Sell @1959.26 TP 1955.50, 1951, 1947, 1942, 1939, 1932 Wish good luck for all
Hey Traders, Before 13 hours my recommendation was to buy gold above 1951 and the price will go up to 1965-1970 then it will reverse (I was not too accurate, it reversed from 1970.50 :) Congrats for whoever followed the above!
Hello Traders, If you notice after the price break the bottom of the weekly channel it doesn't have the strength to go up again and keep rejected at lower time frame, we will see in the coming hours how it will behave. Buy and Sell levels in my last ide still valid.
Hello Traders, I love Gold because it respects the levels and my chart. Regardless of what buy and sell levels mentioned below, I think the price will go up to 1965-1970 then move down and if break 1940, this time it will complete its trip to 1900-1865 very soon. For today I will trade as follow: Buy above 1951 TP 1957, 1962, 1969, 1974, 1979 (at any time if the...
Hello Traders, What surprise gold is preparing for us after today consolidation? Other than scalping, non of my orders is triggered: Buy stop @1966.38, the highest price so far 1966.36 Sell stop @1953.41, the lowest price so far 1954.44 :) After the price reversed from the bottom of the weekly channel 3 times, I guess it will continue grow to the upper level...
Hello Traders, I will keep using same chart, price level as we are in the same range, for today I will trade as follow: Buy above 1966 and TP 1970, 1973, 1980, 1985 (Will buy again if start trading above 1986-1988). Sell below 1954 and TP 1950, 1943, 1939, 1935, 1923 ( Price may reverse from 1939-1942, the weekly trend line, so far it is reversed twice from this...
Hey Traders, Congrats for whoever followed my idea, I just closed my sell order at 1952 (TP4) Wish you great weekend!
Hello Traders, I hope who followed my idea yesterday made good profit. For today I will trade as follow: Buy if start trading above 1984.5 and TP 1989, 1993, 1999, 2003, 2007 Sell if start trading below 1973.63 and TP 1970, 1965, 1957, 1950 Wish good luck for all
Hello Traders, By looking at the chart I will trade as follow: Sell below 1959 TP 1952, 1949, 1944, 1940, 1935 Buy at 1971 TP 1973, 1979, 1982, 1985, 1989 Also as usual I'm using the green and red zones as buy/sell zones with SL 2-3 dollars above / below the zone Wish good luck for all
Hello Traders, In this 15M chart I highlight the buy/sell zone for scalping. Always keep SL above/below the zone 2-3 dollars and don't overtrade, just distribute your order within the zone. If you like my idea, please follow and like Wish good luck for all.
Dear Traders, As you can see the price from 1962-1965 provide very strong resistance, so I will buy once the price break this range and will have buy stop at 1966 and at the same time I will use the same price range (1962-1965) as sell zone with SL 1971. At the bottom level I will have sell stop at 1949 and TP 1935, 1930, 1922, 1914, 1905. Wish good luck for all