hey there, in my idea if price see 1973.45 , i will wait for a retest from that area and after breaking the highs i go Buys on Gold. lets see how the market goes.
nothing to enter, just for a memory, lets see how the market goes.
1925, was tokyo opening, the bearish move started before, as we see , goldman sachs helped the bearish move, sells are still open, im waiting for 1923 price, if price breaks there , after a tiny rejection i will go sells. lets see how the market reacts...
hi friends, as we see DXY is still bearish on several points of view, we have unemployment claims tomorrow and the gold is still holding it's previous support with no new retests. its not that professional if we expect the market breaking 1929.00 and go further, because on NY pre-session, the market volume is not that strong to break a daily support which held...
happy valentine's day. your life, your wife, your Gf or Bf is your true wealth, forget the market today, and share your time with family and friends. wish you a profitable life wolves.
as we see price moved very bullish from price 1933 without forming a new support, so buyers still on the market and are into the mentioned range (present price area), they are also waiting for unemployment claim results. we all know that USA is performing good economic actions this week so far so we expect a positive unemployment rate, so its possible for the...
literally, i dont like this analyse, but seems to be correct. i dont enter this trade, just for fun :-)
this week we have a calm market, except wednesday which we may have some huge price changes on WTI and CAD, on thursday also we might have some big moves on GOLD and USD because of GDP amount changes, CHF is not in a good mood because people in Paris are having some political issues with their government, so is not recommended to go swing trades on CHF this week,...
as we see the price formed a bullish structure and still bulls are on the market, on the other hand we cant see any retracement before its secondary bullish move, lets wait till price forms a new support below 1918, then if just one candle rejects its new support, i will search for entry point. Fundamental views on this chart : today we have PPI m/m , its not...
as we see the bearish move on USDCHF couldn't continue its bearish trend, price failed to create lower low at 0.9217 and formed a new support for making a clear permanent bullish structure, potentials of a continual bullish move is expected but its also seems that buyers missed the buying opportunity so a retracement can fill around 0.920 . i am just waiting for...
as we see, we are seeing an obvious harmonic pattern with exact percentages of fibo levels below: 0.83 0.85 1.66 1.366 we can completely say that the main bullish move from 164.682 just formed because of the previous harmonic pattern, but because price formed a fake break out ( showed by a yellow rectangle around 167.360) we can say that the bullish movement is...
Today is a calm day, no economic calendars, nothing special, best opportunity for governments tweets, breaking news about Viruses, Goldman etc. we are still in a darkness for gold, but there is a sells of hope. as you see the price is still holding its bearish movement after NFP on Friday, there is not enough range for retracement above 1855.60 , so it may...
as you see we have no fundamental news for making gold bullish again, Goldman Sachs is also on vacation from bloomberg news, we expect a low volume move period these two days, we can anticipate the price to reach 1777, and with NY or NYSE volume we can go sells and reach our small tiny easy sells ;) lets see how is the market today wolves. im not looking for...
easy trend base and resistant zone we also have CPI news on gold.
as you see we are still in a bearish move on gold, its the first high volume session on London after Mixed results of NFP and the other USD economic news. current situation of gold price is still not safe for me for entering any position on sells, so, I am waiting for the new resistance area and touching the liquidity area for a continual bullish move. on the...
previous ADP was lower than expected, so fundamentally, my bias is still bullish for gold because of dollar weakening, lets see how the market goes, i may put some buy stops on gold one minute before NFP news
that's why I always say fundamental + technical trading is essential.
as we know, today we have Advance GDP q/q with forecast 1.1%, and Gold price is simply reacting to previous support and goes for retesting below our marked support, we can count on NY Opening Volume to move price beyond our resistance area. so lets see how the market forms next candles.