i short again gold with still have 1 short active too much overbought have a gap so down ,even he will may not come it never back on his ma h4 since more 8 days so i think this short is easiest and free money short at 1307 target 1297-98 gain 9-10$ per 0.01
i short gold at 1282 for target 1270 why because he have no reason to go up like that when i see usdpy up too and stock marjet not down..so is ok he is also overbought and even if market start to down in risk off he will need consolidate For my view is just investor secure them wallet during holidays in case of something happens,but we are not in risk off as i see...
Just a simple daily view of the gold We can see the H&S still not activated and waiting for a bullish signal or for an activation of this H&S. Bt we can think that its already a bullish signal as the candle close up to the ma20 and ma50 even in weekly chart but the risk sentiment sill largely buying so until a not sedong ral big move it will be a fake bulll signal...
I short The gold on a Potential H&S even she not really Active yet so at the price now 1267 for target 1205 - all the last dollars data was so upbeat,like the ISM all PMI the up in wage,now the us GDP and Personal Consumption Expenditures Prices. So all is in the side of dollars ,in other side when you look at DXY he male a reverse H&S so i think in...
I will enter long on gold around the Up T-line (july20147) around 1269-71 enter zone 1269-71 targeting around 20$ at 1290-91
long at 1276.5 target at 1284 = 7.3$ intraday no stop loss ..manage in focusing,scalp ,intraday...just beware tonigh if Trum announce new Fed chairman.
A small short intraday to make gold back on his support now at 1297-50 we can see a nice bearish divergence in H1 so if not big risk off in opening should be a easy target try to enter at 1303-05 (i am already at friday night) Target 1297-50 and if risk off go away continue to target 2$ more at 1295-50 5.5-6$ gain so make a middle size lot up to your balance...
I seen a bearish divergence of RSI h1 ALso on the weekly resistance Not much reason to go up like that obly because $ retreat..NK out of the topic since 24-48h i also believe $ will bounce back soon Short at 1288.70 Target the cluster between the downtrend chanel and the support at 1279 Trade cancelled if NK do something this next days. Intraday trade ..1-2 days
Gold Long Move Ready For Flying Weekly Time Frame False Move
If price rejects the channel support, look for LONG opportunity at the breakout on the lower timeframe
I short the gold on rebound with 3 target RR 1/2.5 Fomc +yellen hawkish the gold make technical rebound only majority of people buy it. Target 1 = 1288 again Target 2 =1279 Target 3 = 1271 SL 1308 this trade wil be aborded if North Korean up tension with a launch a H Bomb as mentonned in the news
Gold can repeat its movement like the time when the price of it first time in 2017 grew to the point of 1265.00 and then fell down dramatically to 1194.00. For this time I expect Gold to fall even more.
Total solar eclipses have historically been viewed as omens that bring about death and destruction. Though I never follow astrology in my chart analysis , North America will have a total solar eclipse on Monday. On the same day I'm waiting for a start of devaluation in gold's price. We are clearly in a range on gold's daily chart since 15th March 2017. It's the...
before market break current channel cross this resistance than my calculation invalided.
Possible Head and Shoulders pattern formation Alternative break to the upside
Hey Guys, I already posted a chart on XAUUSD recently. Here's just an update of the same analysis and my view on 1H chart. Gold did not brake the main structure to go downtrend, it broke the buy set up with a charp impulse. No we are having a corrective structure that will probably develop into another similar impulse to reach upper trendline. My forecast is...
My previous gold sell idea was about bearish wave 4(yellow). and it was nicely done. Now predicted wave 5(yellow) seems to be finished. 1st target(1221.3 - 100% of wave1) is reached. Wave 5 is clear 1-2-3-4-5 (green) structure. In my view, currect bull market corrects bear market. Anyway it should be (A)-(B)-(C) upward move. Wave (A) 1-2-3-4-5(yellow) seems to...
We are moving in ascending channel and just bounce from its resistance and formed H&S on top. Sell order: enter at 1240 with SL 1247 and TP at 1225 Buy limit order: limit order at 1225 with SL at 1217 and TP #1 - 1245 and TP #2 - 1256 Happy trading for everybody! Feel free for comments!