salvanost

salvanost Updated  Jul 18, 2024

last month I learned about a new way to determine the support, because this year it is really weird to determine resistance support. Looks like this not only happens in gold, but also in SPX SPX using the previous small body candle as the next support especially the red candle (I circle the candle) I will show the fibo later because this week I also see fibo...

salvanost Updated  Jul 17, 2024

done testing 5.5 done testing 5 done testing 4.5 breaking 4 and go to 3.5 later 4 and 4.5 will become resistance

salvanost Updated  Jul 12, 2024

gold 2560$ / silver 37$ = 69 but I dont think gold will stay 2560 for long, it will stay 2535 or 2520 while silver more volatile possible go higher than 37$

salvanost Updated  Jul 9, 2024

should I gamble with this weekly indicator? bull trap 2390 trying to break 2358 support? histogram red because red candle? Stochastic try to go under 50 = price try to break MA 50 RSI under MA = price try to go under MA 20 a lot of bad signal and bullish channel need retest too on bottom trendline

salvanost Updated  Jul 9, 2024

under 2358 the previous breakout will become a bulltrap or fake break-out it the same vibe as Ukraine war 2022 where gold dropped to the 1600 zone but right now the support on 2335 (a lot will see it as good zone) but beware the magnet zone on 2324

salvanost Updated  Jul 8, 2024

2384 sl hunt target, 2373 MA support, 2367 bearish target MA suport based on 1H timeframe 4H need under 2352 retest for bearish signal long term Because 2373 = MA support, bull and bear will fight often near that area

salvanost Updated  Jul 6, 2024

People often use by end of the year as time target, but its a mistake to use end of the year for highest target I can use 6month TF or 3 month TF for easy view In this chart I use 3 month TF The marked wick line = oktober november december candle You can see it not the highest performing candle during bullish trend It better in next candle which is January Feb...

salvanost Updated  Jul 5, 2024

monitoring weekly 52k and 47k support it's all about same pattern but monthly not finished yet will bullish pattern IMO

salvanost Updated  Jul 4, 2024

1. small beartrap on 2268 2. reversal and retest 2333 and 2359 3. resistance must be strong to drop to another lower low 4. lower low could be 2223 or 2168 after that will see 2391 and 2420 retest that retest will create signal to 2540-2560 like my previous chart

salvanost Updated  Jul 4, 2024

no confirmation yet but it is safe to assume 2314 retest and 2348 resistance retest will happen The indicator spike up, going higher high same with the price makes me think it is a valid bear trap confirmation = need 2360-2378 retest and see if indicator keep going higher or make bearish divergence

salvanost Updated  Jun 28, 2024

I will see it as a bear trap for now since 2312-2316 supposed to be resistance for bear that resistance becomes support again for bull now will we see 2360 Sl Hunt next week? since weekly momentum becomes bullish next week? monthly still doji, will see retest to 2312-2316 for early July as the red candle on monthly opening

salvanost Updated  Jun 26, 2024

2 resistance 2330 and 2323 im implementing a way to see target for SL hunt which forming 5 support my old plan still same, like previous chart just add 5 support to monitor for now

salvanost Updated  Jun 21, 2024

careful with bull trap 2366, upper target 2391 and 2421 1. bull hit 2371 or 2. bull trap 2366 reversal or 3. 2359 resistance (above 2361 bull for me, just watch out 2366 bearish divergence) 4. retest 2350 or 2343 or 2338 support

salvanost Jun 20, 2024

upper target 2348-2350 and 2359-2361 while bottom got 2328, 2324 and 2321 with bottom (worse case) 2311

salvanost Updated  Jun 19, 2024

not trade advice, I create this chart as reminder of my own theory sl hunt target gold too often create a double top and double bottom I see a pattern and try to backtest it 2328, 2324, 2321 previously I used it for 2306 and 2301

salvanost Updated  Jun 17, 2024

if bullish 1. it will break 2324 resistance and retest 2334 2. after 2334, must not drop under 2326 3. strong support 2326-2329 will break 2334 resistance and hit 2348 first resistance

salvanost Updated  Jun 14, 2024

12h momentum change again, from strong opinion under 2303 become monitoring resistance 2347 and 2386 resistance bear signal still same must go under 2303 support

salvanost Updated  Jun 7, 2024

same concept with bullish break out 4h (I will post later) right now 1H bearish trend need to break 2327 support 1st to validate the bearish indicator it's not enough to make bottomed indicator while leaving a chance to reversal as bullish divergence later so hit under 2327 first before retrace up (or no retrace up due powerful 4h and 12h bearish spike and...