Nothing has happened yet! Not Break Out to successfully create a 2 Double bottom pattern. And there is no sign of a big fall for us to calculate step-by-step the upcoming plan. Those who hold BUY positions in the lower zone just continue to hold. Nothing to worry. Those who don’t have any positions will wait to BUY. Currently, no SELL. Market overview US10Y...
Ok! The view remains the same: Gold price is in the process of creating a Double bottom pattern. The 1678 is the medium-term bottom zone and Gold will slowly crawl up. SELL positions at this time are just for small win, short SL and TP, ready to run at any time (no hold). Big win will be a BUY that we can hold for long-term profits. Current situation Dxy...
Gold Weekly Chart Gold had a long-term uptrend (for 2 years) and the medium-term downward adjustment (for 8 months). From this price range, I make my forecast - "Gold" will create the bottom then go up. Nice price for us to BUY and Hold is 1678. If the price does not collapse strongly or decisively through this price range, the above forecasts will not...
At this round, we are right! Simply because: You and I both make money. I focasted to BUY under 1700 (especially at the 1678), Tp1: 171x (done), Tp2: 173x (done) and Tp3: 176x – Wait to TP. If our View is 1000 pips, then win about 600-800 pips is quite enough. Ok! Now we go to work. Next plan: BUY/SELL zone and upcoming predictions .... I watch the picture that...
Remember: Money is earned from the moment we analyze, forecast and wait. Let's look back and prepare for the things to come. Overall view: Week chart The 1678 catch was prepared 1 week earlier: Convergence of the previous supply-demand zone + Bullish trend line of the gold price chart for over 2 years. This BUY order is worth the bet. Either break even, or...
Many of you have entered the BUY limit at the 1678 like what I shared in the JQKA Fund account. And we are all excited right now with the 700 – 1000 pips profit target. Ok! Congratulations. But be careful. When you get excited, there is a high chance that you will lose. So, I repeat: Scale out (take profit ½) to keep the money you earned. Date view: 173x has...
All scenarios for the BUY round have been prepared by us all week earlier. And of course, those who BUY at the 1678 zone are profitable. I told you to take profit gradually and wait for the confirmation to make sure the bottom has been established. Then we start to BUY more. Ok! Now are the forecasts of today's article. Bearish Scenario: Retest at the 1680 or...
I give 3 scenarios like this. If they’re right, divides times to BUY. If they’re wrong, SL. Remember that it’s your money – think carefully before investing. The whole market is like the picture below - The confluence of Supply-Demand and 3-year Uptrend. DXY - the dollar is heading to the strong resistance zone of 92,000 When DXY returns to 92,000, there...
BUY or SELL? Not clear, just act when the time comes. No need to rush. There will be a safe price for us to use our money. In this article, I will write 3 parts: (1) Summary of February (2) Prepare for long-term orders and (3) Short-term orders. Summary of the gold trading orders in February Order 1: Sell at 1845-1840, TP 177x. Order 2: BUY from 176x, TP...
BUY or SELL? Not clear, just act when the time comes. No need to rush. There will be a safe price for us to use our money. In this article, I will write 3 parts: (1) Summary of February (2) Prepare for long-term orders and (3) Short-term orders. Summary of the gold trading orders in February Order 1: Sell at 1845-1840, TP 177x. Order 2: BUY from 176x, TP...
Remember my criteria: Safe trade - Only place an order at the price that has such a high winning probability that you are willing to trade with your precious money. If the market does not enter these price ranges, stand outside to save the money. Keep it and wait for the right time. My account has no orders now. I shared 2 SELL positions last week: (1) 182x -...
Remember my criteria: Safe trade - Only place an order at the price that has such a high winning probability that you are willing to trade with your precious money. If the market does not enter these price ranges, stand outside to save the money. Keep it and wait for the right time. My account has no orders now. I shared 2 SELL positions last week: (1) 182x -...
Currently I have closed my positions. But if you have a BUY position and are holding a BUY position as in the previous post, feel free to scale out (take profit ½) and continue to hold the other half. The price that I recommend is a good enough for us to bet on this wave. Ok! Let’s go to the analysis. 1. Weekly chart Move under the MA50. My subjective...