Will post in update give me 5 mins to see what im thinking
im waiting for gold to come back up once this hourly candle closes and the new candle should test 1643.975 - 1644.494 as a re entry for my sell then we will have to break 1633.508 and itll be used as a resistance and tp will be in the green zone between 1617.516 - 1606.260 We arent done falling
im expecting a bounce before fmoc at 1643.938 and ill be taking profit and do a call scalp to 1650.900 then i will reenter in my short position Reason why i expect a bounce is for a relief rally before fmoc is released then when it does and it hits 1650.900 it should fall
so atm i am waiting for a retest of 1650.876 then gold can run to either 1657.006 or 1659.680 which i will take a short and when it does come down i want it to break and close under 1650.876
So as of right now we just saw a drop to 1636.897 but it could not close under so i think we can go a little higher i moved my sl to 1645 So since we couldnt break down and close under the monthly .236 which is 1639.897 i think we will go up to 1643.099 and i will re enter with half my position and the other half if it does hit 1643.953 The .236 lvl of...
As expect 1640.219 did get hit now im waiting for the hourly candle to close under the mvwap and next candle should drop to 1636.879 but we would need it to close underneath because it can be used as a bounce zone and when it does close underneath we should see a nice dip and i will be holding till thurday which i am expecting it to hit 1606.214 - 1609.069 as my...
XAUUSD is finally coming back up to my monthly .236 lvl at 1636.897 watch out for a rejection and that zone but if i does not hold it down and do a fake out itll run to 1640.219 on my 2 week consolidation .236 and then i will add in that zone but i would have to see a break of the 1636.897 zone to be more comfortable in my short position but if a 15 min candle...
Nothing goes up or down in a straight line i think once this monthly candle closes in an hour and the new monthly candle opens it will comes back up to 1636.859 and i will have another short position open but my sl will be at 1643 unless you want to wait for 1640 for a short position and you can have a sell order Reason for that is because im using the monthly...
New monthly candle in coming and i have a really good feeling itll test my buy zone at 1606.125 - 1609.099 which is where my tp is and my call/long will come in play
what i can see happen is gbpjpy uses the 10% as support (170.545) run back up to the first .236 (170.785) if it does break that then itll run back up to the 2 .236 (171.167) then i will go back into shorts and my tp will be at 169.900 but atm im going to scalp calls to the top if the 10% holds
this could possible happen i am already in my short but i will be adding if it does decide to come back and do a retest at 1643.900
waiting for this pop will enter into puts once it hits my sell zone but my sl will be pretty tight either a 10 or 15 candle close above i will close it out depending how it looks
in a perfect world this would happen but lets see we have to lose this .236 lvl on the smaller time frame and it will be used as a resistance but atm its a support
Waiting for my sell zones to hit so i can enter either a light entry at 1591.47 or a heavier entry at 1608.20 sl is 15 min candle close above
Had to switched up a little bit and I will explain Bullish Perspective: -This is what I see at the moment as long as Xauusd stays above 1643.921 i will be in long with a tight sl either a 15 min candle closes under I will cut but then I will also try another buy at 1636.879 with a 15/30 min candle close underneath but will have to keep an eye on 1643.921 as a...