Price movement is still ranging Let's wait for the reaction of the price around these levels: - Resistance around 2721.9 - Resistance around 2688.2 - Support around 2660.5 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)
I'm looking for a good sell setup for this week My resistance zone : 2749.35 - 2752.62 Always wait for the reaction first when price reach the resistance zone *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)
If price gets around 2515, I will hedge for bearish scenario Strong push downside with a small pull back + touched 2503 = Bearish trend is more likely It looks like price wants to revisit 2500 first September is usually a bearish month for gold Let's wait and see *Not financial advice **Always use proper risk management ***Never enter a position without...
Right now the price action looks bullish Support zone: 2515 - 2510 TP 1 : Around 2525 TP 2 : Around 2535 Invalidation will be around 2503 (15 min candle close) *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)
I see 2 resistance zones 1. Around 2462.3 - 2463.3 2. Around 2471.2 - 2475.3 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)
We might see a pullback today/tomorrow Support zone: 2433 - 2426 TP 1 = 2449 TP 2 = 2456 Invalidation of this idea will be 2422 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)
If we're bullish, this is my buy zone Buy zone: 2408.9 - 2405.75 TP 1 : 2415.3 TP 2 : 2420.5 SL : 2404.3 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)
Right now the trend is bearish in short-medium term Sell zone: 2443.75 - 2452.65 TP 1 : 2426 TP 2 : 2411 SL : 2456.65 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)
It's better to wait until price flip 2350 back into support Price can potentially touch 2395 level this week We can also wait for bullish confirmation around 2332 level on lower timeframe It's not safe to buy right now Better wait for more confirmation Waiting is also trading *Not financial advice **Always use proper risk management ***Never enter a position...
This week I'll be looking for short entries Sell zones: 1.27760 - 1.27892 1.28033 - 1.28159 1.28366 - 1.28510 But be careful with your entries because: - There's FOMC Press Conference on wednesday - There's buy side liquidity at around 1.28236 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on...
Right now it's too risky to enter a trade The only levels that I'm interested are: Short from around 2032.3 or Long from around 2019.7-2021 It's better to wait for PCE news this Thursday first *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (15m, 5m, 3m, 1m)
Right now there's support around 72.6 If it holds then we might see 74.8 this week A bullish reversal around 71.5 is also a good long entry towards 74.8 Below 71.5 is still bearish Previous idea: *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (15m, 5m, 3m, 1m)
USOIL took liquidity above 73.5 then went down to 71.5 Right now USOIL is moving sideways between 73.5 and 71.5 Key level to get more bullish is around 74.8 If we breakout and flip above 74.8 = We'll potentially see 77.4 A rejection at 74.8 level is also a good short entry Previous idea: *Not financial advice **Always use proper risk management ***Never...
DXY today is looking sideways Therefore we need to wait for it to breakout above 102.65 or breakdown below 102.1 Breakout above 102.65 = We will potentially see 103.3 Breakdown below 102.1 = We will potentially see 101.6 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame...
The current trend for USOIL right now is still bearish So I will only look for short entries Resistance Zones: 71.3 - 71.8 73.48 - 72.9 Also if price break down below 69.4 and flip it as resistance, price can potentially go to 67.2 *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower...
Price bounced up from the 1917 support level And right after that it bounced back down from the resistance zone that I drew from my previous analysis For now, as long as we stay above 1914, the trend is still bullish in my opinion If price breaks out below 1914, then my target will be around 1904 Previous idea: *Not financial advice **Always use proper risk...
Price didn't hold 1930 There are some support levels that might hold this bearish move 1921 1917 I will take small buy around these levels if I see a bullish pin bar on 5m or 15m chart It's still better to wait for price to come back above 1930 and holds as support again Be careful as we're about to see high impact news on USD soon *Not financial...
Price did stay above 1925 level DXY is below 103.8 level as well, so it's better to look for long entries I think it's better to wait for price to come to 1932-1930 support zone Also if price breaks out the 1947 resistance level and stays above it, 1963 is not impossible anymore As always, be careful with your entries because we'll see NFP news this morning...