First of all, have a quick look at the results of my latest gold trade (before and after)
My analysis:
🎯 1. Take-Profit Target: $1970 🎯
🎯 1. Take-Profit Target: $1905 (fair value gap, full market efficiency zone, before leg up)
📈 Market analysis and candlestick patterns 🕯️ show no signs of a bullish sentiment on higher timeframes. 📉 After sharp price surges, retracements often occur as positions are closed for liquidity or profit-taking purposes.
🔮 My prediction? Gold is poised to become incredibly bullish! Why? 🪙 Gold acts as a hedge against inflation, but there's a limit. When inflation soars to extreme levels, investment becomes challenging, as we witnessed during the COVID era and its aftermath. 🦠📈 Adding to this challenge, interest rates have risen to unprecedented heights (+40Y high levels). 📈📆
🚀 With a robust risk management system and precise parameters, you don't just enter the markets at the 'optimal' time, but you also prepare for potential reversals. 📊✅ I don't enter a trade unless my parameters are respected. Since I adopted my system, I only enter when the market whispers, "Your system aligns with our intentions." 📈💼 This approach keeps me consistently profitable in the long run and minimizes losses in ways beyond imagination. 💰📉
I wait for price to retrace, grab some liquidity and continue it's trajectory to the fair value gap. But I need to have a second confirmation at the 0.78% FIB level.
Always Trade wisely and seize the right opportunities! 🚀📉💼
Disclaimer: The information provided here is for educational and informational purposes only
My analysis:
🎯 1. Take-Profit Target: $1970 🎯
🎯 1. Take-Profit Target: $1905 (fair value gap, full market efficiency zone, before leg up)
📈 Market analysis and candlestick patterns 🕯️ show no signs of a bullish sentiment on higher timeframes. 📉 After sharp price surges, retracements often occur as positions are closed for liquidity or profit-taking purposes.
🔮 My prediction? Gold is poised to become incredibly bullish! Why? 🪙 Gold acts as a hedge against inflation, but there's a limit. When inflation soars to extreme levels, investment becomes challenging, as we witnessed during the COVID era and its aftermath. 🦠📈 Adding to this challenge, interest rates have risen to unprecedented heights (+40Y high levels). 📈📆
🚀 With a robust risk management system and precise parameters, you don't just enter the markets at the 'optimal' time, but you also prepare for potential reversals. 📊✅ I don't enter a trade unless my parameters are respected. Since I adopted my system, I only enter when the market whispers, "Your system aligns with our intentions." 📈💼 This approach keeps me consistently profitable in the long run and minimizes losses in ways beyond imagination. 💰📉
I wait for price to retrace, grab some liquidity and continue it's trajectory to the fair value gap. But I need to have a second confirmation at the 0.78% FIB level.
Always Trade wisely and seize the right opportunities! 🚀📉💼
Disclaimer: The information provided here is for educational and informational purposes only