Cangaceiro

Cangaceiro

OANDA:XAGUSD Hello friends, just a quick outlook on silver for the current situation don't forget to like/follow this idea and check my previous ones. I have followed silver since it was at around 17, it definitely paid off to research it. Since I am researching price correlation, Silver is a perfect example for Gold. One thing you may notice with silver is...

Cangaceiro

Hello friends, make sure to hit the like/follow button to show support on my analysis and check my previous ones. COINBASE:ETHUSD Continuing my research on price correlation regarding Bitcoin a while back, I came across Ethereum. This is just an overall outlook on how it has behaved and my general idea of where it will go. If you like to share any ideas drop...

Cangaceiro

COINBASE:BTCUSD Long Haul Map to success, how does you map look? Check my previous ideas to keep up to date and feel free to comment your ideas as well! leave a like/follow to show support. Trade accordingly this is for educational purposes and not financial advice

Cangaceiro

Hello friends, make sure to hit the like/follow button to show support on my analysis and check my previous ones . If you have followed me you may notice I only post Gold trading ideas. Well I started studying pair correlation along my journey with gold and it has been a rewarding experience. There are many pairs that you can compare and contrast with gold: ...

Cangaceiro Updated 

Hello friends, make sure to hit the like/follow button to show support on my analysis. If you have followed along Gold has respected my previous analysis. We went from 1800 all the way to 2075, planning accordingly to exit and not get into stop hunts with either trailed Stop loss or hedging positions. According wit confluence zones along other methods golds has...

Cangaceiro Updated 

We are inside a wave pattern and ascending triangle now with some consolidation. The 1883 zone in green as you can see is being respected, as I mentioned. Is there enough momentum to breakout ? I will wait for further confirmations before anything, but as of now the patterns have repeated themselves time and time again, which is useful for scalps (which I am not...

Cangaceiro Updated 

Ascending triangle possible breakout at resistance 1889 Ascending triangle Scenario 2:if support is broken to downtrend breakout zone strong support 1883 area I will wait for further confirmation before taking any directions at this point. I rather not trade in consolidation zone, I prefer to wait for a clear direction. Gold overall is still bullish, these...

Cangaceiro Updated 

Resistance line at 1889, there was price rejection a few time the candles have stopped right before that and back down to support 1883. Until that resistance is broken there will be this ranging of areas. ----- OANDA:XAUUSD Gold seems to be respecting the support/resistance areas confirmed by: trendlines , support, pivot standard, and Fibonacci levels. It is a...

Cangaceiro Updated 

Working the Fibonacci with Pivot Standard for gold, these are the areas of interest as you can see along the resistance and support lines. Switching between all time frames will give you a more accurate picture, currently strong support at 1861 has been shown. There was price rejection previously on 1870,1874 and now 1877(1876.74 depending on your broker). Now...

Cangaceiro Updated 

Watching this retracement closely as we embark on another voyage with gold this year.... how low can we go? (1860-1830's would be ideal) Like this chart if it brought a smile to your face in this stressful day :D OANDA:XAUUSD I am having a bit of fun while doing my analysis with this chart, it is good for the heart. I will be posting more thorough analysis...

Cangaceiro Updated 

If you checked my previous ideas I have been following this closely and was breakthrough 1889-1890 resistance. Now 1902 is the next target inbound to 1918 zone. Make sure to switch between all time frames for more stronger zones, 1H-4H and Daily, Overall Gold is Bullish. If the Fundamentals allow it, there wont be any retracement unless the good news: Covid-19...

Cangaceiro Updated 

As I mentioned, a stop hunt and classic pullback scenario occurred. Now we retraced to 38% on the Fibonacci and key levels were tested all the way from 1981 to 1900s. As it stands gold will continue to test resistance at 1941-61, before any further action can be taken. Always wait for confirmation my friends, do not allow FOMO (Fear of Missing Out) to blow your...

Cangaceiro Updated 

OANDA:XAUUSD If you haven’t read my previous ideas, please do so it will help understand where we are with gold. As tensions rises between USA and China, gold is getting the necessary bullish boost. I'd appreciate a like and follow as it motivates me to continue to post. DXY is taking a dive as of now due to COVID-19 and current events as mentioned above....

Cangaceiro Updated 

OANDA:XAUUSD Gold seems to be respecting the support/resistance areas confirmed by: trendlines, support, pivot standard, and Fibonacci levels. It is a great time to be alive and see gold with a support at 1883 on the 15 min chart, make sure to go through all time frames for stronger levels. Fundamentals are also at play here since no good news surfacing the...