Jorgitt0

Jorgitt0

Calling the move before it happens :)

Jorgitt0

ahhh shit, look at this move right here.

Jorgitt0

Going short based on my daily time frame analysis :)

Jorgitt0

This one looks pretty self explanatory :) - Currently testing the daily resistance - 38.2% RL - H4 Bearish Engulfing candle

Jorgitt0

Based on the daily, AU is still on a major downtrend. Heading down to the H1 I'm looking to do a little small buy on this daily support and from there looking for a setup @ the 38.2% RL which also lands on a H4 resistance. Let's see how it goes :)

Jorgitt0

This looks pretty self explanatory. - Hits resistance at the 38.2% RL level - Broke support (Purple Zone) - Looks like it's heading down to the 1.272 Extension level which is also a nice monthly support So my bias is a long term short, will be taking advantage on smaller time frames :)

Jorgitt0

So based on my Daily analysis, on the H4 these are the levels I'm currently looking to execute a short. Let's see how it it plays out :)

Jorgitt0

So based on my analysis I believe that this is heading down all the way down to the 1.0860 price (target 2) It hit a major Resistance on a 61.8% RL Level creating a nice big bearish engulfing candle. I have two targets that I'm looking at, on smaller time frames I will execute to these targets. Target one is what i'm currently looking for, for now.

Jorgitt0

We know by now that GOLD is on a major uptrend on bigger time frames, but that doesn't stop me from taking shorts and longs on smaller time frames. So on the H4 I'm waiting for it to hit the big red spot with the arrow on top for a short term sell then looking to buy at either the 23.6% RL or 38.2% RL. Will be keeping my eye on this... Let's not forget it can just...

Jorgitt0

Okay so based on the weekly time frame, the yellow zone (weekly support) has been currently tested multiple times on smaller time frames (Mainly Daily & H4) I also see that it hit the 23.60% RL, that to me shows that it's continuing to it's uptrend. I have 2 targets I can see it potentially going. I have a very good feeling about this setup. Let's see how this goes :)