Gold next week, 18.02.2023publishing herewith my idea about gold using weekly time frame also go through the monthly idea "gold feb'2023"
GD1! trade ideas
Gold ,reviewing gold ideareviewing the relation of pattern published at the start of week with price at the end of week
gold spot 1828 hold blw sell on rise with sl 1845 tgt 1790-65gold spot 1828 hold blw sell on rise with sl 1845 tgt 1790-65
Gold may correct soon! Key highlights:
- Possible selling climax at previous ATH.
- ATH acting as a resistance.
- Buyers seem to be exhausted.
- Monthly demand zone 50-52k.
- May head towards the demand zone in the next 2 quarters.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
gold weekly chart in day time frame,16.02.2023republishing herewith my idea about gold , weekly time frame converted into day
Head & Shoulder Pattern in GoldCheck levels as per marking on Chart, Gold has short condition as per our analysis for the target of 54000.
gold weekly chart in 4 hr time framepublishing herewith my idea already published using weekly time frame , just converting time frame to 4 hr
GOld next week, 12.02.2023publishing herewith my idea about gold for next week, it is requested to read it with gold monthly idea "Gold Feb'23"
Gold , Feb'23presenting herewith my idea of gold for current month, this idea must be read with weekly ideas for Feb'23
Gold, 10.02.2023publishing herewith my idea about gold using a week chart, gold is now at the low of a important price zone, if closes below it , could try the lower level of below zone in coming days, well also published imp monthly level below earlier, these levels acts as normal resistance or support in day trading but at the closing of month it becomes important
how simple trend lines acted as resistance for gold Publishing herewith my idea about importance of trendlines using gold monthly chart
u will find amazing results by using trendlines
Inside candle and its impact of future candles-08.02.2023publishing herewith my idea about Inside candle by using gold monthly chart, will publish a detailed analysis shortly
Gold, month, 08.06.2023Publishing herewith my idea about gold using Monthly chart, it's my idea only ,use your own discretion
MCX Gold Mini: Tuesday: 07/02/2023#MCX #GoldM (Gold Mini) Evening Session:
Setup: Sell on rise.
An intraday trendline is around the 56900 level (as of now).
If it's broken, then it can fall another 50 rs easily.
Upside, it will face resistances around 57075, 57150-160 level.
OI Data (22nd Fed): Too small to infer anything. 57000-56000 is broder range.
GC1! GOLD futuresBULLISH TREND higher chance can be excepted, after sideway market.
if 100 moving average and Fibonacci level breaks, better stay away from BULL side.
[MCX] Gold Price Action OverviewNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Gold Support ZoneGold has broken out from the valid trendline and now it may test the same and then bounce back. Levels of 50500-51000 can be good for buying. It will be retest zone for longer term upside.
gold 4hr, 04.02.2023 (weekend)publishing my weekend idea about gold, it was not able to break the next day level as informed during the trading hours
gold 03.02.2023publishing herewith my idea about gold, prices reached a support also lower of a channel
if broken ready for same length candle downside
follow the levels
gold today,03.02.2023publishing my idea of gold , due to sharp increase in world indexes gold fell down
