Finn_Rm3x

Finn_Rm3x

"I think today I will trade within the M15 range as shown. I see that H4 is showing hesitation from both the buying and selling sides. Yesterday, the information seemed to support gold's rise, but fundamentally it is overbought, so it may need to slightly decrease to allow liquidity to enter and push the price up. This phase does not seem to be promising for...

Finn_Rm3x

After corrected Plan BUY XAU 2626 ( Last week ) An Overview of the Gold Plan on the H1 Chart ✍️ After gold reached the 2626 level, it experienced a strong recovery. Based on the current chart, gold has officially reversed the short-term correction and is continuing its upward trend. ✍️ From my perspective, yesterday, the second corrective wave was completed,...

Finn_Rm3x

"I’m updating the gold plan. I expect a short-term distribution phase, adjusted as in the chart. Currently, we are just at the UT phase (Phase B). We need to wait for gold to form a full range, which might complete by this Friday or the first half of next week. In the smaller range (red zone), I’m also expecting a distribution phase to form (currently in Phase...

Finn_Rm3x

➡️ Technical Analysis: Over a long period of time, Gold has formed a reaccumulation structure, and based on cyclical timing, Gold has broken upwards, creating a SOS (Sign of Strength). I've discussed the cyclical nature of Gold in live sessions multiple times. On the H4 chart, we can see that it has created a SOS, and currently, we have a Backup/LPS zone around...

Finn_Rm3x

Right now, I'm only looking to LONG at the two lower zones, each with a 1.5% stop-loss, unleveraged. The target for these two zones is 64,300. If it breaks above 64,300, I'll look for an entry again at the retest zone (65,000). For those who are feeling risky and want to SHORT, you can do so at 64,300 with a stop-loss at 65,000.

Finn_Rm3x

✔️ I think gold will move within a wide sideways range today. If you're looking to SELL, aim for the top at 2597 - 2598. ✔️ The lower points will be BUY zones. For these points, manage your capital carefully and gradually with every 1/2R, guys. ✔️ Gold's movement yesterday was quite surprising. Those who SOLD at the FOMC peak likely got stopped out, and the same...

Finn_Rm3x

As I have updated everyone on the Gold Plan through previous trading plans (check in the trading idea section). Currently, gold has reached the 2544 - 2548 zone and is showing a reaction, but I feel it is not very strong. The FED's 0.5% interest rate cut could have a short-term impact. At the moment, gold is forming a short-term distribution range, and for now,...

Finn_Rm3x

Many people have asked me about my view on how the Fed's interest rate cuts will impact the market. I have a few thoughts on this, but please note that these are just my personal opinions and should not be considered as trading recommendations! In the chart, I’m displaying two lines: - Red: Federal Funds Rate - Blue: Unemployment Rate If you look back at...

Finn_Rm3x

"We can see that the level of 2560, which I identified yesterday, has been filled completely. Currently, the gold price is at... Pay attention to the buy entry: 2544 - 2548, everyone! Stoploss: 2542. If this order reacts strongly upwards, then move the stoploss to the entry point to break even and hold the position through today's FOMC."

Finn_Rm3x

Currently, as I updated in last week's plan, gold is in a consolidation phase between the 2579-2590 zone. This is a fairly wide range, and it's highly likely that we will see continued sideways movement for the rest of today, potentially until the FOMC announcement. I'm watching the following levels for scalping buy entries: 2548 / 2567. In addition, there's a...

Finn_Rm3x

"Gold has currently formed a Local Reaccumulation. It has left a few LPS at levels: 2508 and 2520. At the moment, gold might push a few more points with the purpose of sweeping SELL liquidity. I expect wave 3 of this upward movement to extend to 2577 - 2580, followed by a short-term correction. The condition to maintain the upward trend is to hold the key...