Gold retracemeant is started for the last second impulsive move. I mean for the past one month it gives two impulsive moves. Go for short on Monday ,maybe Asian session will be wild. Learn to trade by yourself.i am not a pro.
1. Price is out of regression, Thats an outlier movement, which explained the intensity of the impulse, its a characteristic movement of 3rd wave 2. Internal wave structures & Primary wave analysis, 5 sub wave of 3 primary wave is am extension wave, price structure is quite stiff and resembles with Climax Top 3. Cup & Handle pattern target has achieved, have...
Just sell for some days if you are a trader, If you're a investor then hold for multiyears. I am a trader so I am going to short . Reason lots of people trying to buy the gold now . This is not right time wait for some days. Because already central bankers bought at low price,but you guys hear the news late And you tend to buy ,they are going to offload now to you...
MCX GOLD is currently trading at 68900. I shorted GOLD twice in last three weeks. One position was closed in 700 points profit and other went 1000 points in profit and then closed CTC. I'm shorting MCX Gold Futures once again at CMP 68900. I will add more short position if 69600 comes & will hold with SL above 70100. I think rally in gold is about to end and...
Gold showing a good falling due to The neckline breakout Strategy Also a heavy fall also showing due to volume Increasing for sell Just wait for pure breakout then grab it Follows for more SURESHOOT tradeing setup Gold showing a good falling due to The neckline breakout Strategy Also a heavy fall also showing due to volume Increasing for sell Just wait for pure...
after the gap on 21st the buying potential looks faded and we can see a strong rejection then we have 4h bearish fvg and then filtered with 15mn another bearish fvg which is at the level of 66400 could be the selling or short limit with sl of 66800 and target of 65200 and second target at 64400
If, price below 61450 will trigger the liquidity of trades who entered recently because the price have not mitigated the order block below it 61200 and 61100 On the upper side, above 62700 63200 - 63400 - 63800 will be the sellers order block and fair value they will look to sell the remaining levels will be choppy trade level to level
Reason For Bearish/Sell 1. Bearish Shooting Star Formed 2. Bearish Spinning Top in Previous Day Candle 3. Bearish Engulfing Formed In last week 4. Obeyed Strong trend Overall Possible Outcomes XAUUSD/GOLD SELL @ 2160-2170 SL 2210 TP 2140 TP2 2080 TP3 2040
First up all Thank you to everyone.., now i fully completed SMC course with successful strategy... We done a back test on that almost97% SUCCESS RATE... Upcoming analysis based on that... In GOLD we got weekly BUY CHOCH @01dec2023 (in Daily we got buy BOS) And we got a HEAD AND SHOULDER formation @28dec2023(Daily) 1st buy correction 4H- sell CHOCH...
Degree full forms- L1 stand for Long term wave 1 and so on L1 stand for Medium term wave 1 and so on s1 stand for short term wave 1 and so on Hello Everyone Welcome to Trading Idea, This is Short Term Forecast Time Frame- 4hrs # Gold has completed first cycle and we are in ending of wave 2 # Stoploss level for this or SC3 cycle will be 2059, till than we...
On Weekly Basis: GOLD took a support at 1640 (inverted head) on weekly charts (October, 2022) after it made a peak at 2035 (August, 2020) and correcting nearly 50%. It tried to pierce the daily top of 2070 twice after peaking in August,2020. It means it made a triple top which could mean a bear market for GOLD instead it made an inverted head at 1640 and shoulder...
We are long on Gold from 2019 Zone, while the stop loss will be at 2013 Zone, The market is slightly bearish, But the Swing high should be achieved soon for further selling pressure.
62500 this wicked or inverted hammer , let the price run through this liquidity next in middle of somewhere between 62350 - 62500 if there are any FVG imbalance between big candle take trade when it fill the FVG or gaps with stop loss of major swing low and target 62700 book half and rest let it run until it retest 63200
We are looking to sell XAU/USD at around 2033.80 with an objective of 2021. The forex fundamentals is really affecting the price action this week. The Take Profit is to be set at around 2021. The stop losses is posted at 2038
price follow a trend line and price is respect lower low pattern. Intraday resistance 1: 62251 Intraday resistance 2: 62404 Support :62062
Gold is Trading high nowadays, So We have analyzed the Gold levels... Educational purpose only .... Hope you can catch the Target levels...
SYmbol Gold SPot or XAUUSD TImeframe Day chart Analysis : Here we can conclude Selling pressure is more as we can observe a strong reverse pin bar and the breakout from the triangle pattern . We can expect a target of 1985/1900 HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your...