I can see strong sell trend on gold. If the price does not break the Green color line with a strong bullish candle still I will hold my sell trade. it might reverse again and hit
Tp1- 1778.3
Then move your SL to around 1810
If it hit that 1778.5 again before touch your Sl then move your Sl to 1795, let the trade flow. My second target is 1760. I do not think this will cross with a strong bearish trend. But if we are lucky we may see that too. Then hold your trade move your Sl to 1778.5 wait to touch your price around 1736.25 area . Move your SL 1756 and let the trade to fall. Around 1775 area can play a big role in this trade.
Initial Sl is 1835.
Always remember money management is the key point of being successful in trading no matter how good trader you are. So calculate your lot size first before you enter into trade. Anyone can be right or wrong but you are the one who will always enjoy or suffer. Good luck guys.
hope for the best...
Tp1- 1778.3
Then move your SL to around 1810
If it hit that 1778.5 again before touch your Sl then move your Sl to 1795, let the trade flow. My second target is 1760. I do not think this will cross with a strong bearish trend. But if we are lucky we may see that too. Then hold your trade move your Sl to 1778.5 wait to touch your price around 1736.25 area . Move your SL 1756 and let the trade to fall. Around 1775 area can play a big role in this trade.
Initial Sl is 1835.
Always remember money management is the key point of being successful in trading no matter how good trader you are. So calculate your lot size first before you enter into trade. Anyone can be right or wrong but you are the one who will always enjoy or suffer. Good luck guys.
hope for the best...
Comment:
Its crossing with a storng bullish candle. So be careful
Trade active:
Still we can enter this trade. As it seems a nice reversal from 1833 just close to my SL. If it crosses 1828 around it would hard for gols come back before touching around 1859 area. My trade is on....
Comment:
At this point we can see another uptrend but I thing it will not cross 1813 level. Although we are expecting price will not go higher that 1805 in next 24hrs. But always remember this is not that last day of the world that you have to trade all of your balance. If your balance remain you can trade tomorrow. So trade with profit and loss calculation. Good luck
Comment:
Alhamdulliah, It happened as I projected. Even though there was a bit of uptrend, but my maximum assumption was 1813 which was far away then what it happened.
moreover, we can see price has cross the green line again with a strong bearish candle. As i mentioned in this chart 1775 around area is very risky. Trend may play different at this area. So be careful always. This time if price line touches 1772 then bring your SL down to 1813. previously it was 1838..
Guys if you like the chart you may comments on it. you guys can share your idea too so that we all can be benefited
moreover, we can see price has cross the green line again with a strong bearish candle. As i mentioned in this chart 1775 around area is very risky. Trend may play different at this area. So be careful always. This time if price line touches 1772 then bring your SL down to 1813. previously it was 1838..
Guys if you like the chart you may comments on it. you guys can share your idea too so that we all can be benefited
Comment:
It's wonderful to see even highly impacted news also support gold to continue bearish pressure. We can see 1793 is working as a support area. If price corsses below that level we can be more relax about our sell trend. I hope my hours of study on gold will help you...
Comment:
Alhamdulliah,
last week was fantastic and we are expecting next will be the same. There are few main point to follow the trend. If next week price open >1788 we may expect it to reach 1795 around then reverse back to 1788. This might happen on Monday. as long price remain under 1795 around we can feel safer for down trend. More update will come... Always trade with care.
good luck
last week was fantastic and we are expecting next will be the same. There are few main point to follow the trend. If next week price open >1788 we may expect it to reach 1795 around then reverse back to 1788. This might happen on Monday. as long price remain under 1795 around we can feel safer for down trend. More update will come... Always trade with care.
good luck
Comment:
Comment: As I mentioned price may go around 1795 and reverse and mostly going to happen on Monday. It sgood to see price movement follwing the pattern as I mentioned. Price movement has created new resistance around 1785 area, which was previously 1788. I hope for next 14hrs price won't cross 178~1795.
Guys if you like my idea and if it really helps you please do not forget to like and follw my ideas. Your like and follw will encourage me to post ideas on new instruments. Good luck guys
Guys if you like my idea and if it really helps you please do not forget to like and follw my ideas. Your like and follw will encourage me to post ideas on new instruments. Good luck guys
Comment:
Alhamdulliah, So far this week is excellent.
Guys wait for News update in 2.5 hours.
Guys wait for News update in 2.5 hours.
Comment:
Alhamdulliah
it is better than what I expect. Go through my post find out what I have said. It was unseen and I predicted based on my experience of 9 years. Take all of your profit and stay happy.
but
if you want to take a bit more risk still you can as I think, gold is going to have a strong sell trend below 1600. I do not want you to loose a single peny following my chart but without taking risk no one can make money. If anyone of you is folloing my trade and want to take a bit more risk then close your 75% profitable trade and put Sl 1818 let the trade run. Now we have 4 strong resistance point
1. 1775 around
2. 1785 around
3. 1795 around and last
4. 1805
then it may touch the SL. It may happen before goes to 1600 area but chances are very low. I am following my trade as I have some good trade on gold. Now my risk ratio is low . You have to think and calculate your risk ratio then trade...
Whoever miss this chart and feeling that you should follow this chart, do not be upset as this is not the last day of the world that you miss the last opportunity to make money. The world is here if you have money and time I believe you will have your good time to make money as every other do.
It is my request guys if you like my chart please do not forget to like and follow my chart as it gives me a feelings that someone likes my idea.
Thanks
it is better than what I expect. Go through my post find out what I have said. It was unseen and I predicted based on my experience of 9 years. Take all of your profit and stay happy.
but
if you want to take a bit more risk still you can as I think, gold is going to have a strong sell trend below 1600. I do not want you to loose a single peny following my chart but without taking risk no one can make money. If anyone of you is folloing my trade and want to take a bit more risk then close your 75% profitable trade and put Sl 1818 let the trade run. Now we have 4 strong resistance point
1. 1775 around
2. 1785 around
3. 1795 around and last
4. 1805
then it may touch the SL. It may happen before goes to 1600 area but chances are very low. I am following my trade as I have some good trade on gold. Now my risk ratio is low . You have to think and calculate your risk ratio then trade...
Whoever miss this chart and feeling that you should follow this chart, do not be upset as this is not the last day of the world that you miss the last opportunity to make money. The world is here if you have money and time I believe you will have your good time to make money as every other do.
It is my request guys if you like my chart please do not forget to like and follow my chart as it gives me a feelings that someone likes my idea.
Thanks
Comment:
It looks gold is still bearish trend. After Monday strong bearish and then a bit reversal for more bearish trend correction. Now below 1765. I can expect gold bearish trend... Hopefully this week will be another good week for gold bearish trend. Stay updated and enjoy your trade..
Comment:
So far my analysis is working perfectly. We may see a little bit uptrend today. If we see price is crossing 1738 area may touch to 1755 around. 1755 around bearish trend may start again.