tmsarn

tmsarn

USDJPY is getting too hot, so a nice rebound would be also a great opportunity for a retest, I am planning to take this trade if the market catch my entry.

tmsarn

USD/JPY: It was a long time since my last post, so I am planning to come back with some of my key setups. I want to keep it simple, also my pending orders are set just as it is on the chart. I think that the market should retest that huge crash that we had a couple of days ago, but for that, we need the highest prices range that we can. The market also gaped...

tmsarn

baSED ON MY PREVIOUS FORECAST MY TARGET HAS BEEN REACHED, RIGHT NOW I opened a counter trade back to the 1700$ levels. I think the new years rally finished for now. I dont think that the price will go ballistic at this moment.

tmsarn Updated 

Hello all, Based on my prior experience we usually had a December rally in each year, when gold went to stong bullish momentum. I am planning to get to this ride with a short position, but ultimately I would like to short it back from the 1870$ level. That 1870$ level was also a key point during this year bull run, so a healthy pullback from it would be useful...

tmsarn

Gold is ready to takeoff, I set 2 targets ahead, splitting my position into half once the first target will be reached.

tmsarn

I think there is a high probability that the gold price will shoot up to the 1740-1760$ zone till the end of the todays trading session! Lets see!

tmsarn Updated 

Its time for the moment when patience pays you out with low risk, buying from cheap prices.

tmsarn Updated 

It can be a nice dead cat bounce for sure. If the bull market ended, we will have a 85% drop from the ATH level. Happy trading for you all!

tmsarn

Gold looks pretty weak and it looks like that the bearish momentum continues. Another dip may seems a good opportunity from the current price level. We have a decreasing trend also, and the risk reward is also promising.

tmsarn

I see the 1877$ zone to be retested in the near future. The current price range of 1910$-1940$ is pretty boring, so I expect a large move from this zone to the downside. On the daily and 4 hour chart we also have a huge gap to be filled, so I keep an eye on that level for buying opportunities. Trading with big lots right now is too risky in my opinion due to an...

tmsarn

I kinda doubt that this is the fractal that we are all looking for. Nice scenario of the dead cat bounce. It looks like that we have a lot of market manipulations on the markets. The fractal is used from the recent oil dead cat bounce move if you wonder. So far quite accurate..

tmsarn Updated 

Analysis: This is a pure speculative technical view about GOLD using the fractal from BITCOIN after the COVid-19 market crash reversal. I am not saying that it is an impossible outcome, considering the LUMBER price rise/Palladium bull market. I am not sure how much time it should take for this RUN, but I will have a strong attention on GOLD and Silver for sure....

tmsarn Updated 

Analysis: Fractal used from the 2018 bearish market. It's like a copy paste, can be a long term opportunity to stay on the market with big expectations. A large multi year triangle pattern formation on the market.

tmsarn

So looking at the intraday movements, I see 2 opportunities. 1 Short from 1934$ (S/L 1941) back to 1889$ 2 Long from 1889$ (S/L 1870$) back to 2000$ - I will set a larger STOP in case of a strong wick to the donwside. Lets see what will happen!

tmsarn

Gold has made a strong corrective move from the 2060$ level. So far we have a double top pattern on the monthly chart. Right now I am pretty sure that we will have at least a dead cat bounce around the 1889$ level up to at least 2000$ again. I see this as a golden opportunity to close my short position an go long with a relative low stop loss level. I would like...

tmsarn

Considering yesterdays big move to the upside, I am expecting a brice breakout above 1800$ with a sharp pullback to the downside. Please find below the story of my tradings. So my final trade is this one.

tmsarn

If the momentum will be strong enough we can go high as 1850$ lets see which one will be the winner.

tmsarn

As I posted a setup earlier, we were looking to test the 1800$ which just happened today. From now on its pretty obvious that we are going to go down to the 1600$ level. There could be a pretty immense profit if you can stay all the way down to the target.