siddhu236

siddhu236

Gold gave us another correction to join the uptrend, however there is a probability it might break to the low so I bought this now with tight SL and placed a sell limit order. Note: I publish the charts on sole purpose to keep track of my progress but if it's helping someone then you're welcome. It's been a year since I have started to learn wave analysis from my...

siddhu236

Gold is under bigger correction to the downside and is at critical point right now which decides whether it gonna have one more wave up or just continue to downside. The small contracting flag in the 1 hour decides that. I have open buy order now(as it is perfect time to enter) and sell limit orders with tight stoploss. Lets see how does it goes. Note: I publish...

siddhu236 Updated 

A correction in 1 hour shows that the market has haulted from it's current trend and getting ready for it's next move. So placed buy and Sell limit order above and below the correction. Let's see how it moves. I will move the stoploss to breakeven as long the trade triggers and move a little to my direction. I have placed tight stoploss for these orders. Note: I...

siddhu236

After long time returned with strong sense of trading. Unless there is a change in the pattern this is my basic outlook of the Gold. It's been a year since I started to learn wave analysis from my mentor Anil mangal by just watching his webinars, if you like to watch more of his videos you can go this link I'm sure this will help u a lot if you are sincere at...

siddhu236

NZDUSD wave pattern

siddhu236

We missed one before, it has hit my SL however it has given rise to new opportunity which id one of the reason I like about the market. You can sell here right now.

siddhu236

Hey this is not the usual analysis I do, I have been observing the gold from yesterday to join the sell and I haven't spotted which I'm looking for. However In lower time frames I see the Gold is resting a little which gives us chance to enter but there are rules to be followed and with money management in mind (risk the sum only which u can lose) and also with...

siddhu236

Guys USD has become strong after the NFP, look for the price to break the orange line to short the Gold.

siddhu236

After the new high in the past week, Gold is consolidating right now like it's waiting for NFP. This is perfect opportunity to cash. This is the moment Gold either forms a new high close to 1380 or it breaks down 78.6 fib line(1331.50). If it breaks down 1331.50 then we can assume it's the start of a downtrend.

siddhu236

Guys there is a possibility Gold is getting ready for it's bearish move. Wait for the price to touch the Top Fib line(~1360) I have highlighted and give us a signal for the bearish move. This is just a possibility as there also a chance that it can make another down move before it reaches the top, so pls donot lean on any direction as of now until it reaches the top.

siddhu236

Hi! when we last discussed we analysed that gold gonna move a way too long and it did. Now it pulled back a bit and getting ready for another swing up, so we only look for Buy setups here. Watch for buy at the 0.68 fib line or if you can wait buy at break of that range (orange lines).

siddhu236

In the previous trade I hope you got nice pips. Now there is another one coming in, watch for the breakout to sell. If it doesn't break downwards then it's a clear flag for long bullish.

siddhu236

Look of the break of that pattern which can expose 1240 again. However if it doesn't break that pattern then we can expect bullish continuation.

siddhu236

Just wait for it to break the pattern. As you see in my last publish I analysed gold as Buy spot but the prices fell way down to take out the newbies. I still expect the Gold to move up and I think break of this pattern will give rise to that hope. We have Fed rate decision tomorrow which have the power to move the price up or even lower, however if the price move...

siddhu236

So, it's finally arrived, the moment I have been waiting for. Sure it took long time to reach this point but now bears are now gonna give it a rest. Look for long buy

siddhu236

Gold outlook in long term.

siddhu236

So it reached our second mark point as we analysed in our last charts. Now all we have to do is wait for a signal. If it is gonna go down then we buy at the low or if its gonna break and rally to the top then we will buy at time time.

siddhu236

As per our last analysis it did touch the trend line we were hoping to and now it seems getting ready for another rally. However I would suggest to place a Buy order with 1281 as TP . If the price breaks the 1283 fib line then we should assume it's planning to rally even higher.