GOLD | STRONG PULLBACK WE CAN EXPECT HERE
#GOLD Setup: We will take a BUY position @ 2355 and collect profit at 2360, 2365 & 2370
Many confluence confirmed: Uptrend.
Risk:- 0.50-1%
Tips: Keep trailing your SL after 80+ Pips to lock your profit.
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Special thanks to all those who DM me and commented on my analysis wanting to know more about the trade.
Goldprediction
GOLD SHOWING A GOOD CLEARCUT UPMOVE In this chat you can see the trendline
The prise crossed the trendline lable
Its mean the prise breaked the trendline
And its also itts breaked the rectangle small zone
It will take time to break fully
But..
After full breakout a good fall momentum will shown in gold
So keep in your mind
This can break
Stay connected with gold
Watch in lower timeframe
After a good confermation
just enter
he gold showing a good up moveITS MY PERSONAL STRATEGY
The gold showing a good UPMOVEE
Having a good potential
There is nothing to doubt
It have a great surety of UP MOVE
Due to these reason
1.It have GOOD SUPPORT without any confusing chat
2. It have clear entry and Tp point
3. Sellers seems heavy due to volume
GOLDBEES | Investment OpportunityDisclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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BREAKOUT OCCURRED ITS A SURESHOOT SELLING TRADE ITS A SURESHOOT
IRS MY PERSONAL STRATEGY
The gold showing a good falling
Having a good potential
There is nothing to doubt
It have a great surety of FALL
Due to these reason
1.It have clear-cut neckline without any confusing chat
2. It have clear entry and Tp point
3. Sellers seems heavy due to volume
its a good one
GOLD SHOWING A GOOD UPWARD MOMENTUM
It's showing a fall due to these reason
It's retracted the support after the breakout
2.its getting support from neckline plus support making it's more stronger due to double support
3. The trendline also giving a support
4. Overall meaning is it's getting support from three point mean it's a good situation for buying
A good move gonna show here
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
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#gold Next Target 70 points #MCX #commodity MarketSYmbol XAUUSD
timeframe 45 min
Analysis: uptrendmovement
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
GOLD can continue to SHINEGold is known as a hedge against Inflation and currency devaluation. It is following the Time Cycle very well as u can see in this chart. Accumulating gold at current levels and on dips a can be a good strategy to ride the trend towards 70000 levels as long as 62000(cycle low) is held on the downside.
Bold move of gold is about to hold1. 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 spotted 2 such a structures
4. Deviation from 200 ema
Considering these counts, price could come to 67600 Or 62500, this would be complex correction & expected to see flag formation.
GOLD SELL ❗❗❗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 if you're a buyer.
My thoughts only, don't scold me if not happens.
Learn to trade by yourself,it will be helpful in a long term.
MCX GOLD - ONE MORE SHORT ATTEMPT ?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 I'm expecting Gold to fall soon & change its trend from bullish to sideways - negative. M pattern is in making in 4 HTF.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GOLD GOOD FALL DETECTEDGold 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 breakout then grab it
Going against the trend on Gold (position Trade)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
#2 GOLD Update - know where to buy and sellIf, 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
XAUUSD SHORTFirst 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 @17jan2024
2nd 4H-sell BOS @13feb2024
now the market @ 50% fibo of weekly of that sub-swing
In here we got 2 entry
2029(flip entry)
2031-2035 is the main sell entry
We took this entry bcz of our strategy works here..
IF THIS CROSS 2044
Next strong zone will be 2054(Flip entry)-2064(main entry)
i think it will RED ROSE soon
bcz 2044.5 is the H&S -trendline retracement
so this 2029-2032-2035 entry will be more strong one for sell
Targets based H&S (head top to neckline)
1st target 1986
2nd 38% target 1975
3rd 50% target 1950
4th 100% target 1860
BECARE FUL
DAILY sell CHOCH will be 1973 if cross and close down then only sell trend will be confirm in daily
Gold / xauusd (Neowave Update)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 will have bearish cycles
I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends . Also keep following us for more neowave trading ideas.
Thank You
Medium Term Forecast
Long Term Forecast-
Gold Trade Setup buying bias 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