Interesting set up on all time frames, a nice reaction off of 50% from a previous weekly candle has given us a sniper entry and now going down into the daily time frame the pull back we had has given another nice entry. Going down to the 4H you can see areas of liquidity visible along with multiple imbalances, beneath that we have mitigation zones and...
Looking for the targets above to be reached. Fundamentally - Brexit along with global recessions are on the cards which will strengthen XAU. Technically - Bearish structure on 4H time frame has been broken however looking at M time frame we can see higher prices looking exhausted. Long term i would like to see 1700 reached and above that will confirm bearish...
As we can see price struggled to break the bearish structure on the daily despite the bullish rally we have previously just had, i would like to see price now come down to at least 61% which for me i have marked this zone in green and the blue zone being 88%. Mondays are never really a day i look to enter markets but over the next coming weeks as we are also...
This is an interesting pattern that I can see. The current price action resembles two previous patterns both of which delivered +50% gains on their final stage. The pattern has 4 phases before the major rise: * Sell off, where the price is aggressively sold after a peak. Possibly profit taking. * Accumulation, where buyers emerge and defend the support. *...
Been trading this for a while now in a buy so have decided to publish. Looking at price to touch 26000 with my TP at 26250. Entry was at 248000, large institutional candles show that price is heavily manipulated but also indicating areas of where the market can come back to before making its correction. Look out for this move, NFP is today also so lets see...
Alot of fundamental aspects are in play with the US30 right now, so adding technical analysis on top of your knowledge on this indice will give you your own feel of confidence when you see the set up i have here. Multiple confluences with the 61.8% and the 161.80% on the swing downs with the fib. will look to see this potential move happening over the next few...
Multiple confluences are always needed for me to make a trade, one confluence here is by identifying the liquidity zones (highlighted in blue ) allows me to see where the market is more frequently attached too,another confluence is that the 23% is a trend continuation so from the vision i can see i am riding this one down closing off partials along the way....
Price ranging in between liquidity zones give you clear areas for entries, as you can see price is on its way down to the green zone which is a strong area of liquidity, we can expect a fake move to the downside once price hits this zone which will pick up peoples sell orders right before price reverses and heads back to the upside. Look at charts from different...
Until we see Gold break 1310 ultimately this is still a down trend. higher prices rejected show that this is a sellers market hence there being more pressure on the sell. Things can change very quickly with gold due to economical news, a trailing stop loss with gold is always recomended. i see price falling to 1270 before any change in direction.
After a hectic week of news by Trump and US/ China trade conflict the US economy looks to be stabilising momentarily, trading the trend upwards to key resistance level of 26000 before expecting a drop down to potentially obey the channel trend. If we get a break through of 26000 then w e can expect to see a bullish rally up towards 26500 which is a key level...
Higher prices have been rejected on the daily, 4 hour & hourly chart. Massive bearish engulfing candle on the daily and also on the 4 hour, due to trump having a major impact on the movement of the market we had a major rally up towards the top of the channel but as you can see the channel trend was still respected and because of that along with my multiple...
Looking at price to touch my trend line to confirm my buy up towards 1305 level. with fundamental news confirming that US economy is weakening, Commodities and will be a go to for investors and this will surely see gold go above 1305. its very important to trail your stop loss with gold as it can move very quickly. i see a lot of bullish potential on this seeing...
Due to fundamentals having a big impact on the US economy,i can see more of a bearish impact towards my green zone with a target area of 25000. I have been calling this bearish run for the past two weeks now and i feel like we now may be witnessing it unfold right infront of us. Expect to see pullbacks along the way down but the overall momentum is bearish. US...
Looking at gold coming down to the 1268 Level. As you can see a channel moving to the downside i am favouring a move down towards the bottom of the channel, towards the end of last weeks close we had a very bullish momentum and now we are seeing the selling pressure come into play. Lets secure the bag together, entries are everything so make sure you time your...
Looking at price coming down towards the 25600 Level, already 50 pips in profit before i decided to publish this idea. i can see Higher prices on the 1H and 4H have been rejected and we can see a downwards channel so i will be expecting price to fluctuate to the downside but ultimately break the channel eventually. Follow my instagram profiles and reach out...
Looking for price to come back to the green highlighted zone before price doing anything else. higher prices have been rejected and we can see that the 2550 key level was hit which triggered my sell, lets trade safe down to the green zone and secure the bag together because everyday is Money day! Be sure to follow my social platforms Instagram :...
Looking at price climbing towards 1280 level before potentially reversing. i have had a really good week with gold so i am not looking to force any trade. As you can see trend lines are heavily respected and because of that this gives us an indication on where price can be heading. lets see how the market plays out on this one. Friday is always a day where we...
looking at price heading towards 26500 level. lower prices have been rejected on the 4 hour time frame, the big bearish candle is engulfing the green candle so i will be looking to see if the price breaks the previous red candle before looking at a clear buy. as you can see i have a trend line going across as well as going diagonally up. you will notice that price...