After seeing gold come down and touch our POC and boom last time I've got the target for the price to come to 1772 or just below and collect as much liquidity from these weekly lows below! With a strong demand zone, POC, weekly lows I think it'll form a strong level of support. We will need to see the price show strong signs of reversal on lower timeframes before...
I can defiantly see more upside moves coming from gold this year and could this be the start of this next bullish run?
As you can see marked on the chart i have a level that has been used as very strong support and resistance before (marked out by purple arrows) Now price came very close to touching this level, so close i myself would class it as a touch 1769 i...
I posted on Gold last week that I was expecting a big move. It dropped a bit after that but now is looking like breaking higher. It now looks like it has broken a resistance and is rising to the trendline. I expect it to break above the trendline as well and test the next resistance. For a safer entry you can wait for it to retrace from this resistance level to...
Going 1 direction which is up!
Firstly gold is following the yellow trend lines
If we see a break of the resistance (the green line) gold could pass the 1900 area and will follow the second trend line (the red line)
Clean and simple chart, simple analysis, self explanatory and obvious!
Tp 2 1875
Calling longs ahead of NFP tomorrow. Pretty controversial for the retail industry, but my mind works different... And I have a diff edge in this market. Don't trust me? Im I a crazy as* mf ? Maybe ... But if you want to win im urging you to go long... IF you want to get wacked keep selling your trend based on your shitty mainstream information. Anyways good Luck....
We've seen gold break out of a strong uptrend to capture some liquidity before a real move. I've marked on my chart the Point of Control Level. POC is where big institutions are trading the most amount of volume. In conjunction with weekly lows, a demand zone and POC - we should be able to get a really nice entry for some ridiculous returns. In the meantime, if...
I think we could see a big breakout on Gold soon. It has been consolidating very close to the trendline in the past few weeks. It did have a fake breakout in the early part of January but is now settled back below the trend. From the high in August it has already retraced to 0.5 Fibonacci before rising and now sitting on 0.382 Fib. I think it will breakout and...
An update on the incoming GOLD LONG
Looking for a re-test at 1852 then to be bullish up. We shouldn't see much pull back after this re-test so just be sensible with your STOP LOSE, but ALWAYS set a stop lose especially on a something as volatile as gold.
I believe Gold is setting up nicely for a big rise. We can see it has been testing levels and making some nice supports for the rise. Since it reached All Time Highs in August it has retraced exactly to 0.5 Fibonacci then rose and has now retraced and tested the 0.382 Fibonacci level where it has found support again. If this support holds expect it to move to the...
A double bottom has already formed on Silver 240 chart. We are waiting a green kicker candle for demand momentum confirmation.
Reward to risk = 1.4/1.
Enter around 1.21069 - Entry reason: Bearish engulfing .
Entry - awaiting green kicker.
S.L. is around 24.77787
T.P. is approx. 26.15417
since the idea is based on 15mn time frame, this idea is available only for one day.
let's see if the market will give me reason today
if you like the post, don't hesitate to discuss it with me or thumble up and follow me