الذهب / دولار أمريكيتم تحديثه I Just Bought Back-In To Gold @ A Fib - Retracement
https://www.tradingview.com/x/yfVip52C/
As I have been saying so far during Asia Friday trading I had no Long positions in Gold. Squeezed out like everyone else. (I don't know how those people do it who buy on weakness & accrue - I have to take a page out of their book).
The 'funny' thing is, my old broker Fusion Markets phoned me about a month ago to say that I was no longer allowed to accrue Gold & Silver overnight & longer term. Because that is exactly what I was trying to do before. Fusion Markets said, ASIC rules that came in for Australia now make it illegal to accrue Gold & Silver overnight. I was pretty p....off to say the least.
My gut feeling is that the Broker did want me to Capitalise on the FED reducing interest rates in 2 weeks time and the highly probable scenario (not 100%) that Gold and its price will 'scream off the roof'.
I changed brokers the next day to Eightcap. They are great, even if I break my margin, they don't jump down my throat, and I break it all the time with my aggressive style of trading when I see an opportunity I am very sure about.
I digress. Here are the Fib levels where I got into gold. I am not very confident about the Gold price holding up. But it depends on whether the USDX has a rally.
As I have been saying so far during Asia Friday trading I had no Long positions in Gold. Squeezed out like everyone else. (I don't know how those people do it who buy on weakness & accrue - I have to take a page out of their book).
The 'funny' thing is, my old broker Fusion Markets phoned me about a month ago to say that I was no longer allowed to accrue Gold & Silver overnight & longer term. Because that is exactly what I was trying to do before. Fusion Markets said, ASIC rules that came in for Australia now make it illegal to accrue Gold & Silver overnight. I was pretty p....off to say the least.
My gut feeling is that the Broker did want me to Capitalise on the FED reducing interest rates in 2 weeks time and the highly probable scenario (not 100%) that Gold and its price will 'scream off the roof'.
I changed brokers the next day to Eightcap. They are great, even if I break my margin, they don't jump down my throat, and I break it all the time with my aggressive style of trading when I see an opportunity I am very sure about.
I digress. Here are the Fib levels where I got into gold. I am not very confident about the Gold price holding up. But it depends on whether the USDX has a rally.
ملاحظة
So quickly, so I can get back to watching the Gold Price.
Here is a comparison of the USDX to Gold currently 10m chart.
The Gold chart looks a bit scary to me. Weakness around 2513-2515.
ملاحظة
Update:
I think that Gold will be very strong & bullish on the break of the main price ahead which is 2531.65. Other important numbers to break on the push up include:
2521.85
2523.40
2526.85
2528.65
2529.02
But the ultimate number in my view is 2531.65. This break & probably retest will be the next leg-up for Gold.
This whole zone has proven to be a strong resistant area & the higher up towards 2531 the worse it seems to get.
If the economic data is favourable today & the USDX does not rally, I can see a push through during Friday NY session.
But both of these things need to occur.
* Trading is risky. Please don't rely solely on my investment advice or trade setups. DYOR. Learn as much as you can.
تم فتح الصفقة
XAUJPY was a Short Trade I recommended earlier. Price has recently retested & I will put out a Trade soon if I see price setting up just right. We already, for those in the trade, about an hour ago I recommended taking some partial profits.
ملاحظة
Go short XAUJPY
Bearish Pinbar.
Sell Market
SL 359500
تم فتح الصفقة
Sell XAUJPY
see above
ملاحظة
SL 359600 or 700تم حذف الأمر
appears to be drifting higher with the Gold price. ملاحظة
It already sold-off in the pattern. I expected the first sell off to be deeper, so that was not the initial retest.That was pattern completion. Ill look for another one,ملاحظة
Gold price seems to be holding up.
Currently drifting down to fill orders in a Fib retracement.
Limit order around 38.2% is always the best value.
If you use a Stop Loss about 20 to 30% under the 38.2 level is 9/10 safe.
تم فتح الصفقة
BCHUSD LONG: Look for a retrace
تم فتح الصفقة
This could potentially be a big runner!
تم فتح الصفقة
You will probably find it retests beneath the neck....Accumulates more buyers.....Breaks out again...Look for a Bullish Candle....Stop behind bullish Candle.... or conservative back behind Right Shoulder.تم فتح الصفقة
A good spot to accumulate Gold at these low levels
ملاحظة
Buy before it breaks 2518ملاحظة
2516.95 SLملاحظة
UPDATE: BCHUSD LONG
Price seems to be behaving following Retest.
About to push upwards very soon I think.
ملاحظة
a good Stop Loss lying between aggressive and conservative would be about 308.ملاحظة
There is your buy trigger.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.