Gold_Street

Gold_Street

Gold has recently closed below support on 1h and 4h time frame. Currently doing a retest and we could see sell opportunities upto 2910. The current swing low could hold as strong support for buyers.

Gold_Street

Currently we have a range on higher time frame where Gold has a strong supply zone with equal highs and a demand zone with a swing low. Both sides are likely to be tapped with TP on the opposite side. The liquidity on both sides will give an idea of possible breakout side by which a trend will begin. Proper risk management is advised as both sides tend to be manipulative.

Gold_Street Updated 

Observing gold at current high shows some strong consolidation going on and H&S on 1h. I'm going in with proper risk management as overall trend is bullish.

Gold_Street

Gold reached all time high. Technically we could see some consolidation and a retracement before pushing further up. Proper risk management is encouraged as could be a volatile zone.

Gold_Street

The bulls have kicked in and gold broke resistance on 1h and 4h. We wait for close of 1h candle atleast to confirm bulls have resumed. 4h candle close above structure will also be a strong confirmation for buy opportunities. Use proper risk management and find suitable entries based on your risk size.

Gold_Street Updated 

Gold took out equal highs around 2720 on higher timeframes. This could act as a possible liquidity grab to go short and take out buyers. BUT... we can only watch the behavior at current high against the previous high as fundamentals are king. Technically, 2720 is a strong support and price can bounce to continue with up trend.

Gold_Street Updated 

Risky trade. Gold has been pulling upwards creating higher lows untill yesterday when gold broke resistance on 4H and Daily timeframe. As we wait for NFP, we can almost tell what the outcome is likely to be but we need confirmation of NFP data first. Trade this zone with caution.

Gold_Street

Let's keep watching this two zones. Would be perfect if it plays out and breaks the high.

Gold_Street

Gold formed a double bottom on 1h and 4h as possible reversal to continue bullish as it initially broke the trendline resistance. Once the double bottom and W is complete, next step is to see the previous high taken out then we could continue bullish. For entries, enter at the retest of neckline and add entries once previous high is taken broken.

Gold_Street

Gold has recently formed a double bottom on 1h and 4h respectively. After breaking resistance on the trend line above, we saw a retracement which could be a reason for buys. BUT... we wait for the W pattern, double bottom to complete and we can buy with proper risk management.

Gold_Street

Gold formed a Head and Sholder pattern on 5min time frame with complete retest.

Gold_Street

Silver seems to consolidate and formed a lower high for a possible trend reversal. We look for sell opportunities with proper risk management. Remember that market is still very volatile.

Gold_Street

With gold ranging, we might see a double top signifying short term sells or general trend reversal for a retracement move. Risk management is key especially with the recent whipsaws that took out buyers and sellers at the same time.

Gold_Street

With gold ranging, we might see a double top signifying short term sells or general trend reversal for a retracement move. Risk management is key especially with the recent whipsaws that took out buyers and sellers at the same time.

Gold_Street

We have seen a strong bullish move on gold last week. What do we expect this week? We keep an eye on gold as we await usd news to see if we gain some pips. Long term gold remains bullish.

Gold_Street

So gold has finally broken to the upside. What a move! This leaves behind a very strong support that we're likely never to break unless a miracle happens. We can tell the future of gold is space! We look for sell opportunities with high risk management on retracements but with a buy bias on the long term. Gold has always been bullish annyway. It was a matter of...

Gold_Street

Since CPI news that came out positive for the dollar, we saw a nice drop on gold to 2500 which stands a strong pivot point in the range. We must be keen with the upper liquidity with equal highs which might eventually be taken out sooner or later. But before then, we keep finding opportunities.

Gold_Street

Looking for reversal from this zone. 2500 zone has been a key area in the range and price seems to bounce off on either side.