samstoobad

samstoobad

November marked the largest monthly candle on gold since September 2023, signaling a potential shift in momentum. If December closes with another bearish candle, bullish buyers may start to reconsider their positions, as a deeper correction in the bullish trend is becoming evident. On the 4-hour timeframe, we can see a significant liquidity sweep followed by a...

samstoobad

Gold is currently consolidating on the lower timeframes within the range of 2576 to 2559, maintaining its bearish trend. The next significant support level is at 2529, with a demand zone just below at 2518, where a daily engulfing candle is evident. This area is likely to prompt a price reaction, potentially leading to a retracement toward 2610 as the market...

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Bitcoin: 2024 to 2025 Right now, Bitcoin is presenting an unparalleled opportunity for both investors and traders. With the current market setup. This is a moment you don’t want to miss. Adding fuel to the fire, the recent Bitcoin price rally comes after U.S. Vice President and 2024 Democratic Party nominee Kamala Harris made significant remarks during a Wall...

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Evaluating and Refining Your Trading Plan A trading plan is the backbone of any successful trader's approach to the markets. However, markets evolve, and so should your plan. Regularly reviewing your performance, adjusting your strategies based on market conditions, and striving for continuous improvement are crucial steps in refining your trading journey. ...

samstoobad

The price has broken below the 200 MA and the previous lower low. waiting for the next lower high to form, around the 2645 level, to retest the broken structure and to short back down to 2625.

samstoobad

Trade Analysis: Silver Using Order Flow Imbalance, ATR Signal, and Liquidity Levels Indicator created by me. Step 1: Trend Reversal on the Daily Chart My first signal came from observing the daily chart, where the downtrend in silver had been broken. This break in trend was significant, as it suggested that the sellers were losing momentum, potentially paving...

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Live Trading Example – Top-Down Analysis Lets walk through a live trading example using a top-down analysis approach, starting from a higher time frame to a lower one. This method involves identifying major market trends, support, and resistance zones on a larger time frame (such as the 4-hour chart), then refining the entry points on a lower time frame (like the...

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Order Flow Trading What is Order Flow and Why is it Important? Order flow trading is the process of analyzing the real-time flow of buy and sell orders in the market. Unlike technical analysis, which relies on historical price data, order flow looks at the immediate actions of market participants—particularly large institutions—that directly influence price...

samstoobad

Gold shorts set up. Pull.back from 2580 aiming for 2526 support.

samstoobad

Understanding Candlestick Patterns Candlestick patterns are one of the most fundamental tools in technical analysis. They provide valuable insight into market sentiment, showing how buyers and sellers are interacting at any given time. By understanding candlestick patterns, traders can make more informed decisions about potential price movements. In this...

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Chart Patterns and Key Signals in Live Trading Chart patterns are powerful tools used by traders to predict future price movements. These patterns emerge from the price action on a chart and provide visual signals that help traders make informed decisions. Understanding and recognizing these patterns in live trading can significantly improve your ability to...

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Risk Management In trading, understanding how to manage risk is just as important as understanding how to identify profitable opportunities. Regardless of your skill level or strategy, no trader can predict the market with 100% certainty. Therefore, managing risk is essential to protect your capital and ensure long-term success. In this chapter, we will explore...

samstoobad Updated 

Gold can be seen to be creating a bull flag. After pulling back from all time highs we are seeing the start of a, a b c correction in side of a bull flag.

samstoobad

On our last post we spoke about Gold consolidating at weekly resistance. With the possible decline to 3 targets. Which was fulfilled perfectly before creating a double bottom and returning back to the weekly resistance. Let's take a deep dive on what to expect next week. 2 hour time frame analysis. Chart one Gold can be seen to have retraced to the 0.618...

samstoobad

Gold is under pressure from the rise in the dollar, while the Federal Reserve officials that reinforced expectations of a further reduction in US interest rates later this year limited the downward pressures. ANZ Bank, said: "If the economic data coming from the United States is significantly weaker than expected and the Federal Reserve cuts interest, gold will...

samstoobad Updated 

The weekly timeframe has finally closed above the consolidation zone, breaking and holding above the weekly resistance level. We now expect this resistance to be retested and potentially turn into support. Friday's NFT data saw us push up to the all-time high resistance level before pulling back, though we managed to recover. Both the technical structure and...

samstoobad

Expect volatility in gold today. Fears of a US recession send investors fleeing from risk while other investors are waging that rate cuts will need to come to the rescue. Seen in all markets today. Although gold is a safe heaven it can been seen to weaken if sell offs are sudden. While tensions in middle east add to market uncertainty. Gold is current sitting...

samstoobad

Our final target from yesterday has been reached with a perfect exit before price started reversing. Today is a critical day with news again, as we await the release of the U.S. Non-Farm Payroll (NFP) report. This report is one of the most influential indicators of economic health and can significantly impact market movements. These figures are crucial as they...