GoldKingXAU

GoldKingXAU Updated 

The gold has been flying on a 90° trajectory since the gap it created around 1840 , you must have heard that all wicks needs to be filled so does all the gaps that's just the Fact , Gold has come a long way from 1840 to 2260 , most of you might be thinking that now interest rate cuts are about to happen to it'll make sense that gold will go more high up but that's...

GoldKingXAU Updated 

It's a blasphemy to buy gold at higher prices the principle on which you buy gold is that it's an non yielding asset so it's outright stupid to get stuck into market manipulation and buy gold near ATH prices doesn't matter if it goes up more it'll come down because big players don't play around

GoldKingXAU Updated 

Gold has entered ath zones it can make a fast move up collect a ton of liquidity and then drop like an asteroid

GoldKingXAU Updated 

Eurusd has entered a strong resistance zone from here we can see collection of liquidity and a move downward next week if it goes up more I'll keep adding my sells it'll fall back to fair value soon

GoldKingXAU Updated 

Long term the gold was bullish but with given time and multiple factors emerging against gold it'll go back to fill that gap sooner rather than later don't let the bull runs trap you doesn't matter where they take this bull run it'll exhaust and fall back

GoldKingXAU Updated 

Gold has reached my resistance marked zone would like to see down movement from here

GoldKingXAU Updated 

I'm following smart money concept here and gold has entered the buy zone according to it target to the upwards come to near 1970 zone which is peak at the 1 hour time frame tomorrow and day after tomorrow are really crucial for gold with us cpi and retail sales news in line this week

GoldKingXAU Updated 

Gold has again entered a liquidity zone below 1950 and 200 day sma is at around 1938-1940 area i think we can see some bounce from here in short term atleast I'm entering with small lots with room to add more if price falls further

GoldKingXAU Updated 

Price has entered a liquidity zone from where we can se a short term bullish movement till 1983 zone

GoldKingXAU Updated 

Price is again showing fake momentum to trap buyers it'll fall within some time I'm taking small position here as sell

GoldKingXAU Updated 

The road has been soo far stretched that it took out everyone it can go a little more but for now it's as far it goes the gaps needed to be filled the time is coming we going to see a big drop soon price needs stabilisation no matter what it's the golden rule gold needs to fill the wicks it left

GoldKingXAU Updated 

Gold is in a consolidated state and it'll break out of it soon because breakdown seems not possible as of now under the chart structure and market conditions xau will jump soon

GoldKingXAU Updated 

Perspective seems to be in favour of gold shorts for short term atleast.

GoldKingXAU Updated 

Looks like a good buying area according to my reasearch

GoldKingXAU Updated 

It's a buy for me in Gold because DXY will loose momentum soon

GoldKingXAU Updated 

4H support located below 1963 region I'll be looking for buys in this region to the target of 2000 atleast , wait for confirmation if price dips for liquidity..

GoldKingXAU Updated 

Buy here at 1944-1940 TP at 1960-1964 range support has reached it'll push up now

GoldKingXAU Updated 

Selling from here before going long again after tomorrow makes sense to me