Gu completed the Market Maker's Bull weekly cycle and has began the weekly bear cycle, Expect two more levels of Drop, before a reversal for bull, or a reset and a new bear cycle again. Disclaimer: I do not trade GU anymore, primarily because it is just too slow for me, but in my free time, I like to keep my mind sharp and break down charts, including GU...Also...
Looking on the Monthly Cycle, Gold is Bullish, next target is 2474.00...but before it reaches 2474.00 there will be bull and bear cycles completed on the weekly and daily Market maker template.
Looking on the Monthly Market maker cycle we are now in level 3 territory, a reversal or reset will be due after level 3 has been locked in. Where we can either see price tank to 0.00( if it is reversal) or hunt for liquidity in level 2's range and head to 100,000 and higher( if it is a reset). While i'm optimistic that BTC will reset and go to 100,000 and higher,...
i'm back with an even more simplified view of the market. Will post here once or twice a week. Gold has Consolidated the entirety of last week, if you look at the bigger picture, which it had to do after the rally it has been on. If you understand the Market Maker's concept you know there is one more level of rise due, an for this reason i am bullish until 2200...
If you understand the Market Makers Cycle, you understand that BTC has been due for a reversal since the beginning of March, They have been pumping the market up, Inducing buyers and Grabbing Liquidity for a Potential Drop to the 50000 range. Will be looking to see a bear market until at least mid April, before climb to 80000 to 100000 range.
Gu has been in a downtrend since the high of December and has been in consolidation since January 2, 2024..In between that it has been triggering the stops in both direction, while creating lower highs for each of the two bullish runs it made…Further drop looks like a high probability. Doesn’t look like it will have a good setup that will reward me the amount of...
Will be Posting my Bull Analysis for Gold here until we get into another Bear Cycle. As I highlighted in previous charts from older posts, they have been Trapping Sellers hard near or at the Lower Pivot Zone, creating higher lows in the process , I am projecting (not predicting) based on the understanding of the Market Maker cycle and market structure , bullish...
Assuming this entire move down today was not a trap move..(ready to change my bias depending on what the market shows me next week) but for now I believe we are in a strong downtrend and level 1’s Low has been reached, as more than 3 ADR has been met and that low has been locked in with a double Bottom and market is now consolidating in that range…Will be...
I think they have been pumping the market up to dump it for NFP...I will be looking for sell opportunities going into tomorrow.
Gold is in an important area...waiting for it to give me proper confirmations to enter today or tommorrow
Looks like A sell going into late New York for a potential buy...The best setups is when they do a liquidity grab of the IHOD but we might not get that, as you see there is a H&S formation being set up, showing that that entire movement up today was a liquidity run of that High that was created in London session opening yesterday.
This Is what i'm expecting to see if it will be bullish today after the news at 2pm(New York), or a similar setup to the upside if it's going to sell before the news. This is one of the 3 setups types i look for each day, that is in line with the bigger trend that takes place over the course of a few days or a few weeks...We got peak formation high(level3)...
Potential Gold setup, this is looking like a potential New York session setup "After" the news.
I was anticipating sells today on gold and was waiting for a setup, didn’t get one, but what I got was a new bias , based on that fact that Monday closed above its opening price..This show that aggressive move up was the start of a new 3 level trend upwards...I believe price will Move to take out those equal highs and then up to 2059. There I will make a...
Been consolidating for over a Month A aggressively Trapping More Buy Liquidity...Looks like its Setting up for a big bear move next week...
Had a strong bias for Gold buys long term, but I had to really look over the charts completely to see what signs I may have missed.. A) If you plot a line from the opening day's price of Golds all time high you will see that it test that price on 3 separate days in December and ever since then its been dropping aggressively and each bullish trend we get is short...
Got to work at seeing these Triple tops and bottoms faster...Sell bias until mid next week.
Back into Consolodation....Maybe it will break out of this range with the interest rate new next week...lets wait and see.