So far on the challenge we have turned £100 into £152 in the 1st week, that is a 52% account gain, this was made up of 19 WINS and 4 losses, The losses were protected to avoid damage.
We have seen where and why these losses occurred and can now avoid them, this week is setting up to be another profitable week on the way to our £20,000 goal.
If you are...
Is what you would be saying if you are not part of our team ;p
Now our resistance zone ( red box ) we have marked on the chart is a weekly level that price has not been passed since April 2013 so we have been below this level for 6 years, Now we can see price making a slight pullback into our support zone ( green box ) before shooting back up and finally...
Message us to get involved in this incredible challenge we are holding! £20,000 just in time for Christmas sound good?
Now we can see that Gold is in a slight downtrend on the 4H chart which has already pushed it down into our support area and bounced slightly, what we can see happening is bears pushing price down into this zone again for a retest of support...
The Gold analysis is done using the best working " LongBuyLongSellIndicator" script .
I am very much convinced that the Gold price touched the peak here 1440 (recent peak) and now trading in the sideways.
The price may again go up to 1420 but this wont sustain in the same level.
As per the LongBuyLongSellIndicator 6hour time frame the price fall is about to...
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Now price is coming up to such a key resistance level, but we can see it has been respecting a strong trend line and is in a...
This is our £100-£20,000 challenge results so far and as you can see we have been flying this week returning 52% of the initial starting balance ( £100 )
If you want to check this out for yourself we can provide proof of results.
It is not too late to get involved either, just message me if you are interested.
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Now time to look at this trade, in the coming weeks i can see bearish movement with price eventually making its way into our highlighted old resistance turned new support area now this is a 300-400 pip pullback so it...
BULLISH long to 150 I reckon but we will probably have a pullback but its bullish on htf so we just want to keep carrying on trading within that direction :) probably won't trade gold much as it Ain't my pair