Gold - FOMC week (July 4th week)

Watch the levels, I am still neutral. I will post something once I see something "interesting". There is no swing setup for me right now unless with further confirmation. The only trades that is possible is scalping. But watch out for FOMC on mid week.

تعليق:

This is another example of contradicting signals, plus high risk even in mid week. You better off staying neutral for now till Wed.
1. 4H is bullish, 1D is due to close
2. PA is supported in daily pivots
3. PA is resisted on weekly, monthly pivots and long term TL
4. DXY fundamentally still can drop to 93.40 to 93.50

s3.amazonaws.com/tra...shots/c/C4SPlFvh.png

تعليق:

Potential movement

تعليق:

s3.amazonaws.com/tra...shots/w/W8pUSQth.png

تعليق:

Food for thought, remember 4h candle is not closed yet on 3 and 4 wave. This is just an assumption.

s3.amazonaws.com/tra...shots/r/rzWZeY7z.png

تعليق:

Or this.. Looks like gold just accelerate ahead. Stay neutral for now.

s3.amazonaws.com/tra...shots/l/L3MQruHI.png

تم فتح الصفقة:

Scalping active, TP1 reached as per my Telegram. 2nd TP around 12347~1249.

تعليق:

*TP2 1247 - 1249 area
s3.amazonaws.com/tra...shots/p/pFyxoJA8.png

أغلقت الصفقة: تم الوصول للهدف:

Both TP reached.

تعليق:

Some potential area of interests.

s3.amazonaws.com/tra...shots/l/lqQ0Q6gq.png

تعليق:

Here it is. Watch where it goes.

تعليق:

s3.amazonaws.com/tra...shots/d/DHUs9LcD.png

تعليق:

" Be water, my friend "

Lets wait until the dust settled and join the winning team. Bull or Bear, we are here to make money.

تعليق:

Area of interest..

s3.amazonaws.com/tra...shots/3/3lop4BwI.png

تم فتح الصفقة:

Waiting for candle close is worth to confirm.

تعليق:

Watch all the levels. This week and monthly close has to be above 64 or higher to show confidence.

تعليق:

s3.amazonaws.com/tra...shots/y/YxGxfw8h.png

تعليق:

Potential move for today till GDP report tomorrow. Watch the PA!

تعليق:

s3.amazonaws.com/tra...shots/t/tpMn1T3C.png

تعليق:

Is either correct down or sideline, it is quite impossible to break 65 today.

تعليق:

We are on-point so far.

s3.amazonaws.com/tra...shots/q/q9BtyPbW.png

تم إغلاق الصفقة يدويًا:

All positions at 56, 55 and 57 (yesterday) clossed at 1264 area as per my telegram. Decided to watch the development until end week/month

تعليق:

Oh well... I never thought DXY refuse to dive further even with Good US GDP numbers. And Gold keep flying.. Week and monthly close is important now.

s3.amazonaws.com/tra...shots/b/BKn6ntZm.png