This is what I have learned from YouTube past 2months, if there are any mistakes please correct me. (: #mypointofview
Wait for it to reach the set price. Enter 1%. Be sure to set the loss limit. In each trade, there is only a 60% chance that the analysis is correct
The gold index has strong support in 4-hour time frame. If buyers have a lot of power, they can enter into a deal by confirming the candle. If the sellers succeed, log in again with the confirmation of the candle. Risk has a very good reward GOOD LUCK
Signal gold best The best area to buy is to enter with a confirmation candle, if the red line breaks you can think of selling Blue = Buy Red =SL Green = TP Tnks
There is a sign of long pin bar (bullish) to EMA 21 on TF M15
Break of market structure for potential upside movement
Now that the correction is complete and and a breakout of the orange trendline, we are looking to go forward and target 1900
Stops below 61 fib level for tight stop (1741) Stops below thrust candle around (1738) for wider position.
Possible test of the 1920 area before any major drop
heading to its previous high execution time frame should be "Daily" while to take position entry must check and comply with 1H time frame setup
Hi Traders, here is the full Video Analysis / Breakdown for XAUUSD . A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! Your Support is...
I am looking for a pull back to the 1987.200 area and a continuation of going up. Gold has been making historical highs lately and as of now I don't see that stop. I am still overall bullish on this pair unless the market tells me otherwise.
Correction could be found with Andrew's Pitchfork and simple trend lines and now its time to trust fib. to see where this correction will end and continue to going up.. Carefully watching support levels are between 1709 - 1711, Fib. 30% 1730,55 Fib. 50% 1737,14 Fib. 61,8% 1743,72 Please do not take this idea as financial advice..
XAUUSD Is Already Buy Mood. XAUUSD Has 1-hour support zone $1696 Market every time pullback from support$1696 To resistance $1718 If market Break the resistance then next resistance will be $1740 Zone Other Hand Market Break break 1-hour support Zone then next support will be $1670 Don't Forget To HIT LIKE and FOLLOW ME If You like My Idea