mr_mat_sa

mr_mat_sa Updated 

We can start off by saying Gold has been beautiful this year for bulls, to think that we would reach 2600 wow, i know there are some bears who had a rough year. Back to the analysis, assuming gold is overbought would be very bad, more than often the markets do what we do not expect. Looking at the current price i would love to see a deeper correction and look for...

mr_mat_sa Updated 

We just shy of the 50% retracement on the daily at 19000 i do think we still have a chance to see a bullish move up to 21300 level area. This is based of technicals there is a need a need to go over the big company earning and the Nas perfomance historically for the specific month.

02:43

mr_mat_sa

Been a nice bullish rally, but is it over? The answer is... always wait for the market to give you a setup that aligns with you trading strategy it's really bad to assume something is overbought or oversold. I'll make a follow up video. This is more of a quick draft.

mr_mat_sa

On technicals we can see that EU respected the 32.8 level, could be interesting to see this level hold and we continue with the bullish trend we are currently on with targets of plus/minus 100 pips from 1.10440 level. With up coming fundamental data i would like to see weakness in the dollar to continue on the bullish sentiment.

03:59

mr_mat_sa

Gold has been consolidating for the past few days and I'm led to believe it is waiting for a catalyst to actual breakout from the consolidation. As we are headed into a new month I do think we will need to see the performance of the US economy and other countries as well to get a clear confirmation on the next big move on Gold, the DXY was showing good retracement...

01:56

mr_mat_sa

This an update the previous video i posted, i said we would see Gold hit new all time highs. We are currently seeing that right now. As precautionary measure always remember the market tends to do what we do not expect. I wouldn't be surprised if Gold is to hit 2600 in the next year/months.

02:29

mr_mat_sa

The previous we good number in the US, followed up good unemployment claims. Right now people think the market will collapse, which is something I don't think will happen as we have the FED in place for that. The economy might see downside but not a collapse i'll keep watching the news to see what is next for the dollar.

02:34

mr_mat_sa

While i do remain biased on the long side, I believe we are due for a bit of a pull back and make ne lower higher if price is to keep pushing upward, I would love to buy the Dip on Gold soon as we establish a new support area. Let me know what your idea is on Gold i'd love to hear it. Much love and wish you the best with your trading journey.

mr_mat_sa

This is technical analysis is based of the hourly, while Gold unexpectedly hit 2500 in just a week alone after been down 10% could this be signaling that we will the year at all time highs? Taking advantage of the bullish trend would be more advantageous, I am however looking for pullback to get on the wave as. Currently looking at 2470-2460 for possible entries,...

mr_mat_sa

Based of the weekly trend we have a rejection on 102, could this be a buying opportunity for the dollar? Technically we can position ourselves for long positions, as we have reached an area of resistance, we look on the fundamental side of things we a cooling off in inflation in the US and this could investors to buy back the dollar. I am positioned for longs,...

mr_mat_sa

The recent volatile moves on Nasdaq hurt a lot of traders P & L while losses are part of investment it is always good to try and figure out what is causing this recent reaction. With rate cuts coming in the US fear has traders pulling out or rather taking profits on the recent bull rally we were in, i don't really think it is a sign for a reversal. We are more...

mr_mat_sa Updated 

Is too soon?, Bitcoin has formed a support at 61k and this support holds. Looking to take long positions within this price range. Really hoping for quick bullish rally, let’s hope the bulls will defend 61k so we can continue to see some upside.

mr_mat_sa

I believe that since NFP we have seen so much volatility in the markets, a lot of fear kicked started the bearish moves in the market at large, we saw the stock market down as well as Gold. Where do I stand in all this, I remain bullish overall on Gold. We actually made it past half year on a very strong bullish move, I believe players are still going to come...

mr_mat_sa Updated 

Looking at Gold we are caught in a big consolidation phase that keeps bouncing of 2300 area, could we see new (ATH) all time high? while this remains uncertain with central banks all over cutting rates, could this possibly make the price of gold sore high? We could see Gold and DXY move in the same direction cause COT data reveals that institutions are positioned...

mr_mat_sa

Is too soon?, Bitcoin has formed a support at 61k and this support holds. Looking to take long positions within this price range. Really hoping for quick bullish rally, let’s hope the bulls will defend 61k so we can continue to see some upside.

mr_mat_sa

We have been on a very strong bullish rally over the past few months, I think we should see a pullback in order for more players to tag in the bullish rally. Let's keep it short I'm overall long on Indices.

mr_mat_sa

While the price of bitcoin continues to be undervalued, i genuinely think we see a bullish rally back to 70k, while this isn’t the usual ideal trade I’ve been long since day candle open and so far so good. I will wait and see if price holds till we hit 70k.

mr_mat_sa

While the price of bitcoin continues to be undervalued, i genuinely think we see a bullish rally back to 70k, while this isn’t the usual ideal trade I’ve been long since day candle open and so far so good. I will wait and see if price holds till we hit 70k.