NathanielRondon

NathanielRondon

BTCUSD is in the zone where the small candles are clashing with each other. I would recommend for you to stay away for a while and place your limits outside of the box that I drawn. If it goes down, wait for another confirmation candle that it will go up.

NathanielRondon

If you saw our previous post, we analyzed that Gold vs US Dollar is on the noise and it needs to have a space for us to know which it will go. We advised not to trade because of uncertainty and exactly after the release of News it shows a stronger Dollar than Gold. In my trade I would suggest when the price comes back up a little more higher than its point, we...

NathanielRondon

Gold is on the price wherein you do not know if it will go up or down. If this is the case, we should avoid trading it until there would be a confirmation candle to pop that it turn bullish or bearish. It is very important to follow the trend. I would recommend for you to place a Pending Buy and Sell Limit so that if it breaks out then you will have a trade for...

NathanielRondon

We look to sell at our supply zone when price is rejected and tested few times before we enter down to our demand zone.

NathanielRondon

BUY EURGBP @ 0.8871 TP: 0.89019 SL: 0.88519

NathanielRondon

Gold made a BIG move yesterday at Asian Session, that makes it move 300 pips in less than 3 minutes. I researched that the reason behind of this is the delayed Trade War talks of the United States and China. Now the Investors are shifting their equity into the safe haven assets just like Japanese Yen and one of it is Gold. In long term XAUUSD is being seen as...

NathanielRondon

Gold goes up by 170 pips last night because of Powell stated that they might cut rates this year. This statement slides USD down and the investors switch to Gold and Yen as a Safe Haven. However, the overall bias is still fundamental and it is still out of the trendline, plus Gold might fall so hard as well because of the win streak, and I expect some slippage...

NathanielRondon

XAUUSD slides down last night up to 1339 from 1352 mark. This forms that the sellers are slightly taking the position. As of now, a double top formation is visible in the 4 hour chart. If this is confirmed, this might be a sign for you guys to short it. However be careful because today is Whipsaw Wednesday, it might form then it would go long after this day....

NathanielRondon

Gold continues to climb up yesterday, reaching the 1359 mark. However, when the fundamentals come in, it straightly goes down by almost 110 pips. You can lock down your profits here or possible hedge at this point but you need to watch the prices between 1338 to 1330 because once it broke down it would be a bearish scenario for the XAUUSD

NathanielRondon

As we can see here, USDCAD reaches the peak last week up to 1.355, which is the result of depressing Interest Rates. However, this week, we can see that the USD is dumping out and it is running out of gas. You can base it on XAUUSD who goes up to 1325 mark for the 3rd consecutive day. Also in EURUSD who goes up to 1.125 marks because of the bad results of PMI....

NathanielRondon

We can see here that it goes up by 100 pips after it goes down up to 1.255 last Friday. This is not a signal for us to do anything because there are tough days ahead especially Theresa May's resignation date is coming this week. With NonFarm Payrolls and all of the high impact news this week, I would prefer watching Netflix than risking my equity onto this...

NathanielRondon

Gold has been up by almost 300 pips since Friday. A lot of people did not expect it and for some people who bought it at 1270 mark. Congratulations, just be careful to enter the trade here, My analysis here is it is very overextended and it needs more time for this pair to go up even more.

NathanielRondon

We've seen the Pound Dollar dancing 70 pips yesterday, and the market is on the panic. However, it is just below 20 pips since my previous analysis yesterday. Be careful on this day up to the next few weeks because it is been bloody for the GBP market following the resignation of Prime Minister Theresa May. Overall, the market bias is still bearish and it might...

NathanielRondon

I would advise the traders to wait for the confirmation candle before entering this trade. A lot of traders are already noticing that it is now having a formation for the reversal however, it still sits below 1.27000. Do not gamble.

NathanielRondon Updated 

There is some formation I saw in XAUUSD . However that is my analysis. Good time to short but be careful.