We are nearing to the weekend. This week really turned out to be the week of the bull.
We are near to 40$ profit this morning. Resistance levels are approaching.
1. First the target price counted from the right translated double bottom pattern at 1304$. ( The right translated pattern will be important later what I'm doing and why.
2. Later the 200 SMA on the 4hrs chart : 1305,8$.
3. And last the resistance at the false swing : 1313,715. A lot of bulls will get out at this level as they were trapped at that false swing...
I just want to prepare you that I'm going to jump out between 1304 and 1314. I want to see what's happening with the currencies and stocks at these critical gold levels.
Notice that he FIBO 38,2% retracement is at 1297,88. We just hit our head into that level in the last hour...
LONG FOLLOW THROUGH - Holding the longs
We are near to 40$ profit this morning. Resistance levels are approaching.
1. First the target price counted from the right translated double bottom pattern at 1304$. ( The right translated pattern will be important later what I'm doing and why.
2. Later the 200 SMA on the 4hrs chart : 1305,8$.
3. And last the resistance at the false swing : 1313,715. A lot of bulls will get out at this level as they were trapped at that false swing...
I just want to prepare you that I'm going to jump out between 1304 and 1314. I want to see what's happening with the currencies and stocks at these critical gold levels.
Notice that he FIBO 38,2% retracement is at 1297,88. We just hit our head into that level in the last hour...
LONG FOLLOW THROUGH - Holding the longs
Not
Not
Price has dropped from the FIBO 38,2% . DOn't like today's price action. It's running out of steam.
Not
Let's see if UJ drop in the night can give as that bounce into the green TP rectangle.Not
Not so happy with the price action here in gold, too...AFter a break out of the flag on day 4 we shouldn't act like this. The new highs are smaller and smaller.
I will take profit on half of the gold position before the CPI and Retail sales news.
Not
Closing 50% of the gold position at 1293,767.Not
I will use a stop for the rest of the position below the flag at 1284$.
İşlem elle kapatılmış
These are not the droids I'm looking for.Closing all gold longs at 1299-1300.
Not
No shorts in gold yet. I'M selling EurUsd though.Not
Now you know why I wasn't happy with this rally.Not
This doesn't look good at all:Not
We are turning down from the 200 MA on the hourly chart.Not
I'm short in gold : will update on the daily chart.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.