Took successful buys on gold after price broke resistance, waited for a pullback and entered anticipating price to move up with Asian volume. Looked to target a 4hr wickfill and stops were placed below the previous 30m candle.
In this video, I gave the full breakdown of how I could see and accurately predict Gold's bullish move before it happened. If you enjoy my content, drop a comment, boost this video, and make sure you follow me so you won't miss my future updates.
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Gold had formed a clear support during London Session on the 30m and 1h timeframes. We had strong bullish momentum so my bias was bullish in the short term. I then switched down to the 15m timeframe to look for a good entry to minimise drawdown. When a bullish 15m candle closed starting from support, I waited for the next candle to form bullish and my final...
This is an insight into the possible movements of gold we might be seeing in the coming week, generally, we are bullish bias unless proven otherwise. TRADE WITH CAUTION
We have been posting potential bullish trading signals on Gold and the ways in which to enter this trending market of late, as the probability for these has been very high. Now, the market doesn't trend in a straight line, so when we saw the price in Gold make its way to the $1900.00 level we looked to see if we could get any confirmation selling signals for a...
We recently posted about Gold and how to execute with better entries off of using price structure and patterns. The last comment we made is that we would be keeping a close look at Gold for any pullbacks that could show good price structure for potential buying signals inline with the current underlying bullish trend. We have zoomed into the 15 Minute chart to...
TVC:GOLD although being in a downtrend in 4H timeframe, it took support from the demand zone & buying pressure is clearly visible.
Confluences: Support region/Line + 15 min Double bottom How will I enter ? I will wait for a clean break above zone and retest once a bullish candle forms I will buy. Take profit - Is in the region of of 85-95pips. Stoploss will be 25-30 pips. We are looking at a 1:3 risk to reward ratio.
Saw this support & resistance, As you may know the market sentiment around GOLD is bullish. However before I decide to step in I can see this playing out before upside targets.