My buys from 1200ish are closed since gold finally reach our target.
Let me shake your hand we made it all together.
But gold left bearish accumulation signs earlier.
If you remember this idea:
Did gold reach at least 1225? Answer is no. Furthermore XO recalculations show stable Dollar Resistance and Gold support difference and now enters the state of modulation between XO90 and SYS levels while PFR remains at 90'o.
I offer you to build shorts with pyramid principle and once confirmed reversal sell more.
If you go in now heavy and later blow your account, then look for professional help and stop investing in FX markets.
We built longs before FOMC, now we need to build them for shorts.
Aim 1225-1223-1214.
What I can tell you is that this is just small pullback I am aiming for, so I will look for bullish accumulation signs up here so we know that gold will return when it drops.
P.S UJ hit both main and extended target.
Extended target at 110.800 is a new XO 90 level ( gate ) so can provide bounce up.
Or if we break it it usually provides bounce after XO 90 breakout.
Gold is bullish but pullback is welcome, 1225 is not much asked for.
Good Luck.
Let me shake your hand we made it all together.
But gold left bearish accumulation signs earlier.
If you remember this idea:
Did gold reach at least 1225? Answer is no. Furthermore XO recalculations show stable Dollar Resistance and Gold support difference and now enters the state of modulation between XO90 and SYS levels while PFR remains at 90'o.
I offer you to build shorts with pyramid principle and once confirmed reversal sell more.
If you go in now heavy and later blow your account, then look for professional help and stop investing in FX markets.
We built longs before FOMC, now we need to build them for shorts.
Aim 1225-1223-1214.
What I can tell you is that this is just small pullback I am aiming for, so I will look for bullish accumulation signs up here so we know that gold will return when it drops.
P.S UJ hit both main and extended target.
Extended target at 110.800 is a new XO 90 level ( gate ) so can provide bounce up.
Or if we break it it usually provides bounce after XO 90 breakout.
Gold is bullish but pullback is welcome, 1225 is not much asked for.
Good Luck.
Trade active:
Yes BTW have first sell done at 1245.xx
Comment:
There are some levels that I will not mention, but if gold is not reaching them ( upwards ) and providing us with this pullback to 1225 that means we can buy heavy around that area ( confirmed by recalculation only ) because if these ( some levels ) are not tagged that creates unstable USD resistance and gold support difference PFR shoots slightly to 150'o from 90'o and that means we have some serious bullish accumulation.
Comment:
Intraday 51 become a resistance, if broken opens upside to 56.
Adding slowly to short orders.
if 43 broken downwards I would like to see direction to 1225.
Good Luck.
Adding slowly to short orders.
if 43 broken downwards I would like to see direction to 1225.
Good Luck.
Comment:
Since banks and big guys follow my ideas on TV yesterday they were confused what to do. I did not post an update/ chart but I was starting to look for downside yesterday. And there was barely a move the whole day and no PA because I did not post. Since I am back and posted a chart gold should resume normal daily movement.
Comment:
Gold is waiting for granny. Granny is good, she has some nice warm wool socks, strawberry jam with golden cream cookies and warm fresh green tea for gold.
Comment:
### Comment: Intraday 51 become a resistance, if broken opens upside to 56. ###
Remember one thing, even though 51 is broken and 56 becomes a target it doesn't mean you buy for it. Because what gold can do is break this sentimental level and reverse without reaching the target. That would mean that 51 is broken 56 is not reached and if gold pulls back it leaves 56 up here as a confirmation for return, it is golds behavior.
We try to track general sentiment and follow the sequence. General sequence is SHORT with intraday possible upward movements. So if gold is doing such breakout and not reaching the target and pulls back / drops it will be a XO90 level re-creation and dollar resistance will start to get tighter. Meaning that if gold drops down we know that it will go back up. This is how gold creates bullish / bearish accumulations. Targets are priced in, but gold behavior is just different and unlike other instruments it can play it out like that. Just for your information.
Remember one thing, even though 51 is broken and 56 becomes a target it doesn't mean you buy for it. Because what gold can do is break this sentimental level and reverse without reaching the target. That would mean that 51 is broken 56 is not reached and if gold pulls back it leaves 56 up here as a confirmation for return, it is golds behavior.
We try to track general sentiment and follow the sequence. General sequence is SHORT with intraday possible upward movements. So if gold is doing such breakout and not reaching the target and pulls back / drops it will be a XO90 level re-creation and dollar resistance will start to get tighter. Meaning that if gold drops down we know that it will go back up. This is how gold creates bullish / bearish accumulations. Targets are priced in, but gold behavior is just different and unlike other instruments it can play it out like that. Just for your information.
Comment:
That being said if target which is now 56-59 is not reached and gold drops and drops to 1225 ( that we are looking for ) we know that down there we start to build long orders. This is how binomial sequence works. I am still struggling to read the sentiment preciously and sometimes I start to build / short/ longs little bit too early, but it depends on your experience account size and risk management and what you can handle. Still mastering it all.
Comment:
Just to follow up... Bulls dream.. gold drop now not reaching 56-59. That would be awesome buy setup, of course wishful thinking... market does what it wants to do, just remember. If we drop now remember about 56-59.
Other setup without such accumulation would be if gold reaches 59 and stops and starts to drop.. that means longer term sell. Because in order to go higher gold needs to break 59.. if gold reaches the target and does not break further that means it does not want any business higher.. converts to longer term sell with targets down more than 25... no signs upside no new binomial breakout.
But if is not reaching 59 and drops... that is a bull target, and we load at lower levels long positions.
Other setup without such accumulation would be if gold reaches 59 and stops and starts to drop.. that means longer term sell. Because in order to go higher gold needs to break 59.. if gold reaches the target and does not break further that means it does not want any business higher.. converts to longer term sell with targets down more than 25... no signs upside no new binomial breakout.
But if is not reaching 59 and drops... that is a bull target, and we load at lower levels long positions.
Comment:
Gold is not moving normaly because after recalculations I se that Dollar is not done with XO difference creation. It is hard to tell exactly who is leading, depends on current day. For example Gold is done with XO support level creation and transitions are set, while Dollar is not so my guess is that it is waiting on dollar and then some bigger move can happen. Sometimes it is Vice versa when Dollar is waiting on Gold. This is why we are experiencing pretty damn boring day again. When we experience some normal gold move that means dollar is done and we can recalculate new levels and see where gold is heading intraday.
Comment:
To those interested in what actually is that Dollar resistance gold support thingy.. briefly I can explain. I bet you have experienced things like for example UJ breaking down and Gold doing nothing ( using UJ just for example, it is not used at all in calculations ) or breaking up and and Gold doing nothing, or Gold breaking and UJ doing nothing. That is the difference between them in current frequency. Market always knows something ahead of us way before we see it.
For example if gold support is 1240 and UJ resistance is 111.111 if uj is breaking resistance and gold is doing nothing that means that bullish accumulation is baking in gold the same vice versa. Because UJ is tagging higher and creating lower degree XO levels downside and there is big chance for it to reverse and if gold was not reacting on UJ breakout, then it reacts on UJ fall since it did not break lower to create stable correlation difference while uj was breaking higher. That indicates market knows something. Damn I know you did not understand sheit of what I wrote, there are gazillions of nunaces in this but I discovered it just by looking the charts and how instruments behave. I saw this a lot when either gold is foing something and dollar is not either dollar is doing something and gold is doing nothing.. I found it interesting and applied calculations on it by calculating differences and it got so far to the point where I discovered interesting resistance support differences and market behavior and applied transitions to it to set the targets. enough is enough.. just a brief input. Cheers.
For example if gold support is 1240 and UJ resistance is 111.111 if uj is breaking resistance and gold is doing nothing that means that bullish accumulation is baking in gold the same vice versa. Because UJ is tagging higher and creating lower degree XO levels downside and there is big chance for it to reverse and if gold was not reacting on UJ breakout, then it reacts on UJ fall since it did not break lower to create stable correlation difference while uj was breaking higher. That indicates market knows something. Damn I know you did not understand sheit of what I wrote, there are gazillions of nunaces in this but I discovered it just by looking the charts and how instruments behave. I saw this a lot when either gold is foing something and dollar is not either dollar is doing something and gold is doing nothing.. I found it interesting and applied calculations on it by calculating differences and it got so far to the point where I discovered interesting resistance support differences and market behavior and applied transitions to it to set the targets. enough is enough.. just a brief input. Cheers.
Comment:
Example last UJ breakdown based on differences Gold should be 1259 when UJ was at its low... Gold refused to get there that is indicating one thing bullish accumulation is starting again and 59 is the first sign in this chain, usually we can see gold doing the same afterwards on daily basis that adds up to the bullish accumulation chain ( gold not reaching current XO levels every day ) and when the difference is getting extremelly unstable gold is ready to stop the drop and pop up. This is what I am still struggling at to find these places where the difference is super unstable.
If you study these two charts
Difference at that moment was insane... super unstable way too far in negative.. that is why it was really reasonable to sell DXY and buy Gold even tho interest rate decision was in front of us!
If you study these two charts
Difference at that moment was insane... super unstable way too far in negative.. that is why it was really reasonable to sell DXY and buy Gold even tho interest rate decision was in front of us!
Comment:
### if 43 broken downwards I would like to see direction to 1225.
Good Luck. ### Gold at 43 decision moment to start the confirmed drop to our target 1225.
Good Luck. ### Gold at 43 decision moment to start the confirmed drop to our target 1225.
Comment:
I recalculated levels. Sorry to say 56 - 59 I mention are invalid and cannot be counted as confirmation for bull if gold drops down. That being said if drop is coming it may result in much bigger drop than just 1225.
Anyway have to be monitored daily.
Anyway have to be monitored daily.
SYS - Sec-1 - y-intercept - Secant Line
Sec-1 is - The inverse function of secant.
y-intercept is - A point at which a graph intersects the y-axis.
Secant Line is - A line which passes through at least two points of a curve.
PFR - Polynomial - Fraction - Relation.
Polynomial is - The sum or difference of terms which have variables raised to positive integer powers and which have coefficients that may be real or complex.
Fraction is - A ratio of numbers or variables.
Relation is - A set of ordered pairs.
Since I trade using only Maths ( on quant level ) this is something that I use.
Cheers.