Hello traders. I am taking a Long position, marked on the chart. Tight Stop Loss. Let's see how things play out. Shout out to Big G.. Happy Wednesday. This should be a good trade, bottom of the channel for a move up. Thanks for checking out my chart. A break and close below $2502 on a 1 hour or a 4 hour would most likely invalidate this trade.
Hello traders. I took an impulse Buy when the 4 hour dipped way down. I am counting on this current 4 hour candle to be a bullish engulfing candle. I am up 80 pips as of this writing. IF we do not close above the 2413.10 area on the current 4 hour I will close out the trade. As of this writing I have secure 70% of this trade's profit, moved my Stop Loss to my...
Hello traders. Watching the 2526 area and if push up past that, then the 2433 area. If we push up past that, then the 2450 area would be the next place for potential short positions. Not much stopping gold at this point as we make new ATH after another this year. Big G gets a shout out. Let's see how the current 4 hour candle closes and we also have the NY...
Hello traders. I just wanted to post a quick Bitcoin chart to show what is about to happen. This week's and this month's closing will tell alot about the trajectory of Bitcoin. My personal conservative thought is Bitcoin will be at $265k a coin by the end of 2025. We may see double that, and i would be thrilled. We just have to wait and see. Wishing...
Hello traders. With the market opening in a few hours, I took the 4 hour chart and marked my area(s) of interest for both long and short scalp trades. This is speculation and not based on price action, but it gives you an idea of where I am looking to go Short and Long. Let's see how the opening plays out. I will update and post any trades I take. Be well and...
Hello traders. We have big news here in the US today. Unemployment and the flash PMI news is in about 2 hours from this writing. I have marked on the chart the area I am waiting for a break and close out of, in either direction. If we pushed down, a good place for a retest for the push up for me would be the 2472 area. Let's see how things play out. I can...
Hello traders. Gold has been on a tear up, new ATH yet again. Saying that, for me, I am waiting for a good pullback. This weekly chart is a huge time frame but I have marked my area of interest and I will post some lower time frame analysis for tomorrow and Friday. I have watched gold and all markets manipulated by the Biden administraion, fudging numbers...
Hello traders. Taking a look at the hourly chart, I have marked my areas of interest. Looking for potential Long trade if support forms and holds at the $2486 / 2490 area. Let's see how play out over the few hours. Gold hit an ATH last week and right now while gold is ranging between 2497.92 and 2506.50. Scalp sells and buys are on the table but it is only...
Hello traders. Just taking a look at the hourly chart and I have marked my areas of interest. On a higher time frame ( the daily) the other areas to watch for a push down is 2447 and 2456 for a move up. I am looking for a break and close (in either direction) and then maybe grab a scalp buy / sell trade on the retest. Just speculation for now and what I am...
Hello traders. Currently I am watching the 2452 area to see if we form support to push up. Otherwise I will wait for a break and close below and on the retest, if there is one, try to catch a scalp trade down. All speculation for now. Shout out to Big G.. Let's see how the 4 hour , the 1 hour and the 30 minute time frames look over the next hour. Be well and...
Hello traders. Taking a look at the 4 hour chart. I have marked my areas of interest. I have a Buy Limit set at the $2452 area, which I will move or adjust if need be. This is just speculation for now, but a nice pull back to said area may open a great buy trade set up. Let' s see how the next few hours play out. I will post a lower time frame chart...
Hello traders. Just taking a look at the weekly chart, and I have marked my areas of interest. Looking for a good push down and if possible, a good entry for a long position. This is just speculation for now, and I will post some lower time frame analysis as we get into the trading week. Big G gets a shout out. Be well and trade the trend. Let's see how the...
Hello traders. I have a Buy Limit set around the $2400 area, which I will adjust if needed, as I look at that area as a potential buy zone. This is just an idea and speculation, not based on price action, which is what is happening at the time of taking a trade. Let's see how today plays out, although this move may not happen until next week being that today is...
Hello traders. Looking at the daily chart, I have posted my area of interest. This daily opened and has gone up, so for me, I would look for a push down to fill the wick or a rejection after so many days of moving down, we may push up a bit. Just got back from a little vacation on the coast of Maine, here in the US. So I will post some lower time frame...
Hello traders. Taking a look at the 4 hour chart I have marked my areas of interest. I am in no hurry to force or rush a trade. I will see how the market reacts during the overnight sessions. I will post some lower time frame analysis / updates as we get into the trading week. Taking a few day trip with the fam, so my posts my be sporatic or minimal for a few...
Hello traders. Just a quick post showing where I am looking for potential buy / sell scalp trade set ups. Pre NY volume starts coming in about 30 minutes from now, so i am going to wait to see if 2418 holds as support for gold to push up some more.We have NFP revision this morning and the Feds are speaking this afternoon here in the US, so we can expect some...
Hello traders. I am currently watching the $2394 / $2396 area to see if we reject and start a push down, or push up some more to retest the $2400 area? Let's see how the next few hours go. All my thanks to Big G. Trade the trend and be well. I will update / post another chart on a lower time frame shortly. Thank you so much.
Hello traders. I am watching the areas marked on the chart. $2396 / $2400 is where I would look for Short positions If we reject said area. All speculation and not based on price action. The Daily candle opened and only went down .50 cents, saying that, at some point we will most likely push down. Big G gets my thanks. Let' s see how the Pre NY volume does...