Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for XAUUSD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
hello traders here i will explain why people get faked out the market do same thing over and over again every time we should try to learn and see what the chart is saying and the mechanics behind how a trade setup form them selves i have outlined for breakout traders how they can avoid being faked out all the time ...comment down below and follow for more also...
Hi, this is my new update for Silver. Finally today we have broken one of the biggest trendline in the history of Silver. In the past 2 years we have been stuck under this trendline and after testing it for the 6th time we finally see a good breakout, but not everything is certain right now. Two months ago I told you guys that we are in a "bullish expanding...
hello traders gold probably will sweep early buyers lets get it when it setup
Here we have a mixture of patterns that alerts us of a bullish bias. MTLBTC - Produced a very strong decline. A strong move to any side produces a similar reaction to the other side. - This steep decline from 20-Feb. to 22-Mar. ends in a higher low compared to Dec. '22. - A volume breakout takes place; the highest volume since February. This signal goes...
Gold has been trading a downtrend which has changed We see gold made gains during the course of the months and is currently at a KEY RESISTANCE LEVEL We confirm Gold is trading within an uptrend But can also confirm we do see SELL positions in the weeks ahead reason being Gold opened the week at a KEY RESITANCE LEVEL which is rejected and we do see a strong...
Gold on the daily timeframe is forming a false breakout and consolidating under the global resistance zone and the local timeframe is forming a pattern that could send the price even lower. Senior Timeframe: 1) False breakout of the resistance and interest area 2) Consolidation formation below 1960 3) Closing of the daily candle near the daily low. The price...
After a sharp decline on Tuesday, Gold is now balancing slightly above our 38,2% retracement on the Fibonacci. Given that we have the Fed rate announcement on Wednesday evening, we will take a cautious approach and wait for the decision first, before getting comfortable with either of the short-term directional moves. From the technical perspective, a break below...
As per previous post, , we are shorting copper from 413, since we believe wave B as been completed at 435, creating a bearish wolfe wave pattern, and a wave C to the downside is beginning to unfold. Our stop loss is on entry and the tp is at the wolfe wave target line at 364.
Strong 1D candle for Gold today, still some way off the 1day MA50. The rebound was achieved on the 1day MA100. There are strong similarities between February-March and August-October as you see. The rising RSI validates that the pattern is on the Double Bottom pricing. One last drop for a Triple Bottom is possible. Perfect time to buy and Target Fibonacci 0.786...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GOLD is retesting a support zone and round number 1800. So we will be looking for buy setups on lower timeframes. on H1: Right Chart For the bulls to take over, we need a momentum candle close above the last major high in red. Meanwhile, until the buy...
XAUUSD after its biggest daily drop in recent months, it reached the Support Zone of February. The MA50 (1D) has entered this Support Zone and can support as it is intact since November 10th 2022. Legitimate short term buy opportunity. Trading Plan: 1. Buy on the current market price. 2. Buy if the price breaks over Fibonacci 0.382 and retests the...
Gold reached a harmonic Resistance, previously being a Support. During the uptrend such levels when tested as Supports and held, extended the uptrend. If we are on a new downtrend, this level has to hold. Trading Plan: 1. Sell as long as the price is below the harmonic Resistance (white line). 2. Buy is it crosses above the MA50 (1D). Targets: 1. 1960...
Hi, this is my new update for GOLD. In the month of February gold lost 8% of its value, but I think that was a healthy correction to get a bullish momentum in March. We tested big support level around 1800 - 1820$ and the same time we also tested 50 and 100 weeks moving averages and those levels helped us to get big bounce and break the down trendline channel....
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GOLD is approaching a support zone and round number 1800. So we will be looking for buy setups on lower timeframes. on H4: Right Chart XAUUSD is bearish from a short-term perspective trading inside the falling red channel. 🏹 Trigger => for the bulls...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for GOLD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
As soon as Bitcoin went a minor retrace, Metal (MTLBTC) moved up strong and hit a new high... This is the same signal I used in the past to predict additional bullish action for Bitcoin. When Bitcoin drops, everything drops. When Bitcoin drops but the Altcoins grow, this is a signal that Bitcoin is only going through a retrace before additional growth. This is...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GOLD is approaching a support zone and round number 1800. So we will be looking for buy setups on lower timeframes. on H1: Right Chart XAUUSD is bearish from a short-term perspective trading inside the falling red channel. 🏹 Trigger => for the bulls...