Gold made its first impulse move down to 1809 and start correcting itself yesterday. It has now completed the correction in the form of an A,B,C wedge and rejecting off a strong resistance. Shorting from here for 1795 target. If market carries on moving up, my next shorting zone will be 1855-1862. I will be catching this move on behalf of myself and my Account...
Gold has reached wave 3 of the Elliot wave theory and among the completion of wave 3, it has rejected a strong demand zone at 1838. Expecting a corrective wave down towards 1810. I will be catching this move on behalf of me and my Account Management investors.
XAUUSD long to 1784 before further shorts. Gold has created its wave 1 impulse move followed by a wave 2 correction. It is now at the start of wave 3 which is the strongest impulse move in Elliot Wave theory. Currently undergoing one more small correction within wave 3, which'll help to accumulate more sellers in the market and build up momentum for shorts. Also,...
Possible retracement on Gold back to 1780 ahead of FTMO today. I will be catching this retracement on behalf of myself and my Account Management investors with very low risk.
USDJPY has completed its corrective wave to the downside after a surge to the upside since the start of 2021. It is now getting ready to start another impulse move (wave 3) to the upside of 112.180. This correlates negatively to my Gold short analysis which is another added confluence. I will be catching this massive swing trade on behalf of myself and my Account...
Gold has reached a major supply zone at 1794 and bounced off it showing that buyers are losing momentum. Overall, on a bigger timeframe you can see that Gold is now in a downtrend and this current surge to the upside is nothing more then a retracement as market will need to grab liquidity before moving down again. It is possible market can move further up to 1820...
Gold dropped below 1800 today to test the support 1970 support zone and grab liquidity. It has now done so and jumped back up above indicating that buyers are now in control of the market. Expecting a move back up to 1830 before we see price drop again in March. I will be cashing into this move alongside my Account Management investors.
Market is currently in a correction phase after the massive sell off last week. It has created an uneven double bottom pattern, broke the neckline (resistance) and now has retested the new found support. Expecting a rise from here. I will be cashing into this move alongside my Account Management investors.
Gold longs to 1794 to retest a major resistance. I will be cashing into this move alongside my Account Management investors. ONLY BUY IF MARKET CLOSES ABOVE 1784.
Following the recovery of the Dollar index ( DXY ), XAUUSD has been following the inverse trend and dropping. It has made its first impulse move downside, currently in wave 2 which is the correction phase and now it is bouncing from the resistance zone indicating the corrections done and wave 3 to the downside is now about to begin. DXY is also creating an...
Following the recovery of the Dollar index ( DXY ), XAUUSD has been following the inverse trend and dropping. It has made its first impulse move downside, currently in wave 2 which is the correction phase and now it is bouncing from the resistance zone indicating the corrections done and wave 3 to the downside is now about to begin. DXY is also creating an...
Following the recovery of the Dollar index (DXY), USDJPY has been following the trend and also rising. It has made its first impulse move up, currently in wave 2 which is the correction phase and now it is bouncing from the support zone indicating the corrections done and wave 3 to the upside is now about to begin. DXY is also creating an inverse Head & Shoulders...
A MORE REFINED ENTRY WITH TIGHTER SL COMPARED TO MY PREVIOUS ANALYSIS. XAUUSD SHORT DOWN TO 1670 AFTER A RETEST OF 1834. A MOVE DOWN TO 1670 WILL BE A COMPLETION OF THE WAVE E CORRECTION PATTERN BEFORE PRICE RESUMES ITS UPTREND AGAIN. WAITING FOR FAKE AND PLANNED FUNDAMENTAL DATA TO BE RELEASED IN ORDER TO MANIPULATE GOLD SHORTS. ME AND MY ACCOUNT MANAGEMENT...
The Dollar Index is starting its year with a recovery to the upside after the major thrashing it took in 2020. I am expecting a retracement back to the $94 resistance before we see another sell off starts for 2021. Look at buying USD pairs after DXY touches the support zone of 90.40 which lines up perfectly with the 0.50% Fibonacci retracement. The recovery off...
Wait for a close below 1859 before entering. This analysis is a similar move to price action from the first few days of February 2020. Market most of the time repeats itself & this market structure is setting up nicely for another bearish move. Technically & fundamentally the move makes sense as the DXY & USDJPY , which correlates negatively is gaining strength...
XAUUSD SHORT DOWN TO 1670 AFTER A RETEST OF 1833. A MOVE DOWN TO 1670 WILL BE A COMPLETION OF THE WAVE E CORRECTION PATTERN BEFORE PRICE RESUMES ITS UPTREND AGAIN. ME AND MY ACCOUNT MANAGEMENT WILL BE CASHING INTO THIS MOVE. I ALREADY HAVE A SELL ON FROM 1921 AND 1859.
GBPUSD short as the DXY is strengthening and GBP is overbought. I will be cashing into this move with my Account Management investors.