oghenerhwona

oghenerhwona

the major trend of the gold market is still bullish. for today's speculation we should continue with the trend at 1979.53, after observing the CHOCH at the lower time-frame before entering for a buy position to 2006.16 as target profit

oghenerhwona

today we can see that gold market has broken the price lvl of 1903.30, meaning a trend change might be in play and if so we might be going in for a long retracement toward 1912.80 considering the dailytime frame. my speculation for todays trade would be a buy at 1898- 1896 lvl , and target profit at 1910. NB: OBSERVE NEWS RELEASE BEFORE ENTERING TRADE pls like...

oghenerhwona

the over all trend of GOLD still remains downtrend. today we can see that it has retraced to 1900.41 level awaiting to resume the potential bearish movement,so my opinion for today's trade would be to enter for a sell at the break of 1897.40, target profit at 1887.20 pls like if you agree or share your opinion in the comment

oghenerhwona

XAU USD has broken through the lower-low of the daily time-frame at 1892.96 which indicates that the general trend is a downtrend. my speculations for today would be a retrace to 1900.53 or 1902.55 for a liquidity sweep before resuming the downtrend to 1889.80( watch out for CHOCH on the 15mins time-frame before confirming entry) WARNING!!! be mindful of today's...

oghenerhwona

as speculated the last time gold has reached the target profit. now gold has made a lower low, meaning more selling opportunities on the way. so my opinion for todays trade would be to enter for a sell at a CHOCH in 1938.13 lvl, because we will see a retrace before the downtrend resumption to 1925.21 for short term sell and 1915. for long term sell. please like...

oghenerhwona

The hardest parts of trading: 1. Patiently waiting for the right setup 2. Boldly pulling the trigger on the right setup 3. Calmly accepting the final outcome of the right setup Plan the Trade and Trade the Plan. If market reacts differently, Make a new plan and trade the new plan. Good Luck and Good Trading Happy weekend.

oghenerhwona

today is the NFP and speculation still remains the same; though the market major trend is a downtrend but now a potential retracement is in play to the upside to 1953, possibly to 1970 in-order to mitigate order blocks and liquidity pool before resuming the downtrend to 1933.20 as new target profit. pls await the news before placing a trade like and comment if you agree

oghenerhwona

the gold market has reached our target 1936.49 as speculated, now we are witnessing a potential retrace to the upside to 1953. and possibly to 1970 in-order to mitigate order blocks before resuming the downtrend to 1933.20 as new target profit like and comment if you agree

oghenerhwona

yesterdays gold market went as speculated. today the gold price has reached the 1953.61 level, and its stalling as it awaits the news release , my opinion would be to wait for a break and retest of the 1950.37 lvl to enter for a sell towards 1939.93 OR a buy after the break and retest of 1958.00 towards 1970.49. hope my idea was help pls like or comment if you...

oghenerhwona

the gold market is still under a supply zone , meaning more pending sell orders looking at weekly and the daily chart. then the 4hrs and 1hrs shows that market is going through a retracement to fill the order block at 1970.84 before resuming the a downtrend towards 1910.18. my opinion would be wait for a change in character in 15mins time frame to join the next...

oghenerhwona

The gold market has retraced to the 1962lvl as speculated and you would observe the reaction at that level, my speculation for today would be that the gold will be rejected at the 1962 price lvl and break 1958lvl there by resuming the downtrend towards 1946lvl. Wait for the London open before executing any trade, observe wick rejections before entering the...

oghenerhwona

the gold market has shown its on a downward cause after breaking the 1950 lvl. now the gold market its on a retracement towards 1963 lvl {order block} before resuming its downtrend. wait for the open of the London market to open, observe rejections or break of structure at lower time frames at 1963 lvl before joining the down trend. pls like, comment and follow...

oghenerhwona

Looking at the Gold market This morning after breaking the 1940lvl, shows all indication of an emerging downtrend even the higher time frame shows all indication as well. My opinion would be to join the trend at 1945.36 (order block) lvl after you must have observed all indication of rejections at that lvl.wait for the London open and check all available news be...

oghenerhwona

judging by the weekly timeframe gold has reached a major resistance level and its reacting to it , moving to the daily time frame a double top was formed and neckline was broken , in the 4hrs chart market has changed trend and a formation of double top finally at the 1hr double top formed waiting for neckline to break. my opinion would be wait and observe the...

oghenerhwona

The gold market has been on an uptrend since December, and has reached the boundary of the monthly descending channel .now we are beginning to see weakness in the implusive move of the trend, signifying a weakness in the trend, a consolidation and a possible reversal. My opinion wait for the London open to confirm candle stick reversal pattern before entering a...

oghenerhwona

FUN FACT: If you execute 100 trades you will on average likely lose on 60 or 70 of those. The key to trading is managing those losses. The other 30 winners will take care of themselves. That's THE hardest thing for most people to accept - losing more then they win. If you can win that mental battle, and trade mechanically without emotion, you will be in the...

oghenerhwona

due the holidays the gold market has been ranging between 1866- 1784,but from my speculation the gold market is more on the upside, so i would advise to wait for a break in the 1866 lvl to buy or a sell when price breaks the 1784 lvl. happy holidays. like or comment what you think

oghenerhwona

the gold market has proven to still be on a bullish movement, after breaking the 1763.39lvl on the news release yesterday,so more buying opportunities on the way. for today, i'm speculating price to retrace towards the 1762.56 lvl to fill the gap before resuming the uptrend towards 1787.50 and long term target of 1820.19. NOTE; your fundamentals , observe you...