As i mention ealier I said to execute the trade after the candle close above teh lv 2008.075 and it happened so We executed teh tarde and boom as i said earlier analysis It will reach 2012 zone for sure and that happened guy follow to understand the trading zone you can see i have one thing common the zones you will learn them eventually if you follow me
As you can see there was a nasty move by gold sudden drop buyt as you can see the 50 sma (red line) the candle get support from that sma and again going for the new lvl or will create a strong consolidation we can guess because in teh end of the day this is probability especially when there is a new came out so I cought 41 pips and make some profit happy friday...
Her as we can see the gold played out by news and sudden englufing candle in loss that is why I asked to wait after closing of the candle above 2008 lvl and then retest that lvl but after the news gold played out nasty that is why be patient
We can buy the new order after the candle will close above 2007.876 and then wecan target the 2012 zone for sure but after that we can see the retractment in big time frame so please be patient while placing new order or just watch the market
Background Information: I’ll start by providing some context or background information about the topic. This could include recent news, historical data, or any other relevant information that would help understand the current situation.
Analysis: Next, I’ll dive into the analysis. This could involve examining trends, comparing data, or discussing various factors...
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 February 16th,
After having a doji candle on the 14th, yesterday, the 15th, saw a green candle with relatively strong momentum, pushing the price up by 17 points. The vote today suggests a further increase.
In terms of news: Today, there are some significant announcements.
News: PPI core at 8:30 AM (higher than forecast, positive for money). The most recent...
Hello Good morning trader's , XAUUSD currently heading towards 1980 level from my view. Market maker's are not willing to buy GOLD expensive.. Slowly and surely it will go there. Please look at the chart for clear indication.
xauusd buy side view FOREXCOM:XAUUSD
🔵SWING SIGNAL🔵
🤟IMPORTANT - THIS IS A SWING SIGNAL, I WILL BE RISKING VERY SMALL AND STACKING AS THE MARKET MOVES IN MY FAVOUR🤟
👉 PAIR : XAUUSD BUY STOP
👉 ENTRY : 1993.000
👉 SL : 1983.850
👉TP 1 : 2004
👉TP 2 : 2029
this is for educational purposes only - I am not a financial advisor
Scalping gold sell now @ 1998
Stop loss 2007
Target 1983
Open a sell trade and thanks me later
For more signals follow fxlifestylemanpritfx to get more updates
Yesterday after the US Cpi, Dollar moved on the upper foot and turned strong, And hence there was a short selling across on Commodities, Today we will expect an impulsive force from this level for Re-selling Gold again.
gold spot eyes on 1977$ if stya blw or close blw 2days thna see nxt dwnward 1952--38$ soon where hurdel 2000$ if stya abv 2010+++ rock hard resistance 2017$ if stya abv thna mkt ready fro new up side ----- if hold abv 1977 thna dedcta bounce expect again --- more lvl stya tuned with us
There will be a big buy move after the retest. Following the retest, I am looking to buy gold and am waiting for a confirmation within a shorter period of time.
