M_1234-zondo

M_1234-zondo

Hello traders, As per my previous post on XAUUSD in which I didn't show another area that I considered as a possibility of selling gold if the first is not holding, I am still anticipating sells on gold and waiting on confirmations, but I also do have it in mind If it breaks above the candle highlighted in which in lower time frames it aligns with a strong...

M_1234-zondo

Hello traders, as it can be seen the market failed to break the monthly time frame resistance that I drew below, the last low it created. Chances may be that it wanna break the last high it created or respect it and continue selling. Sorry if you don't understand what I'm saying, I suck at explaining it. I would appreciate it to hear your thoughts on these...

M_1234-zondo

Without any doubt in my mind gold is in a buying momentum looking at high TF, but what I got me having this Idea is because when I look at the high time frame like Weekly TF, gold has respected the resistance that is currently at depending on your confirmations(showing that it more of a retest), mine validated it when I looked at lower TF.

M_1234-zondo

The market failed to breaker the above resistance, hence breaking the lower resistance, Now coming back to test it. It showed signs of respecting the resistance level. Waiting on it to break below the secondary resistance line. We live and learn,

M_1234-zondo

The market failing to break the 4hr TF Resistance, but anything can happen since the market is moving randomly.

M_1234-zondo

The market reached the highs and broke below the previous resistance. After the break of the previous resistance, the market retested the resistance level. Intercepting on sells.

M_1234-zondo

Simplicity is the key. Failing to break the last high.

M_1234-zondo

The market keeps on failing to break through the resistance above the market. You will understand what I'm saying more once I start posting recorded videos cause I can't explain things here the way I'm trying to.

M_1234-zondo

Retest of previous resistance, the market kept showing the failure to break the last lows of the market as it went up and broke the last low which in this case is the resistance line I draw now the truth is I wouldn't take this trade even though it shows high possibility of buying the only reason for is that It did not restest the way I anticipated it would thus...

M_1234-zondo

Well on my second post, I did say that some of the posts I will be posting will involve other posts with trades that have already with a trade running since I'm new in the block. So with the market failing to break the last low(daily, weekly TF), it tells me that it is not ready yet to finish it consolidation or buying. Planning to enter another buy if it respects...

M_1234-zondo

Failed to break last low on daily tf and 4h tf, in which my way of analyzing the markets are strong s/r level. So we waiting on the market to retest the support level or respect the last order block candle after it broke the structure or wait on it to do a double bottom. Whatever the market decides to give we take.

M_1234-zondo

Hey guys, I'm kinda new in this posting thing. It just crossed my mind that why not to publish my work if I want growth as a trader, so please forgive me for posting my analysis already runing on profit. Hope I get to grow with you'll.

M_1234-zondo

Well I use a different technique or approach when it comes to analyzing the market charts. Silver hasreached it previous high when looking from big Time Frames like daily and weekly TF.