BM_ForexTrader

BM_ForexTrader

Gold will be buying to the high, with the news release i also anticipate for NY session to push

BM_ForexTrader

Gold will be buying to the high, with the news release i also anticipate for NY session to push

BM_ForexTrader

Possibility of gold reaching the recent high, just waiting for bullish structure and price to actually retrace before pumping. NB : CPI NEWS AHEAD

BM_ForexTrader

Bearish on gold, i have a sell stop in place for retracement

BM_ForexTrader

Price currently @ the LH level creating a potential double top. 1st sign of a sell, although wait for price to break the "trend line" and once it creates a LH, I'll scale down and look for sell momentum / structure

BM_ForexTrader

Waiting for a retracement (remember price expands and retraces), if price can create a support by the last high broken and show great 4h or 1h bullish momentum candle. This will be a sign for me to take longs

BM_ForexTrader

This is based off US data and market structure... If we get a Break and close below, this should validate our sells

BM_ForexTrader

price has recently tapped 1.25679 level with immediate shorts. We have a trendline break and a higher high break @1.25150 . If price does close below this level ( especially the Daily candle ) I will be looking for a lower high formation to short it futher

BM_ForexTrader Updated 

short idea on gold based on 1h bearish momentum and 15m structure currently @ possible retest

BM_ForexTrader Updated 

price has recently broken out of a range to the downside. I do expect continuation to the down side , whether it be your retest or price creating support then breakout or one could use scaling down techniques to find trend patterns

BM_ForexTrader

daily and 4h sell structure. lower TF head & shoulders.

BM_ForexTrader

4h bullish structure invalidated. Break and retest with a double top formation. Likely to fall?

BM_ForexTrader

Silver is already leading with shorts. We have a 4h bearish bias/structure. Target back to a high low.

BM_ForexTrader

Possible inverse H&S ?? Wait for price to invalidate the bearish trend by breaking the neckline

BM_ForexTrader

Price is also trapped in a range . Price had a strong push phase without a correction. And we know that every push is followed by a correction.price has reached the top of the range , is it going to correct ? Scale down and look for bearish setups

BM_ForexTrader

Price has been trapped in a huge range on the 4H structure and we will have to wait for clear direction once price breaks out or alternatively we can take advantage of the range and trade it (i don't advice it) if we can see a break of 1.26949 and close below we could potentially look for sells

BM_ForexTrader

Waiting for the dollar index to break the range either up or down which will then give us a clear direction. Dollar uncertainty makes GU and Gold unclear too so rather just wait for break and rest of either level

BM_ForexTrader

Gold gave us a double top on a Daily TF .scaling down to H4 we see a bearish behaviour and we have to wait for structure (lower high) to form then enter sells