Papi24

Papi24

hello dear traders , i hope you had a good week , today i wanna share my gold setup , so as we know gold is in bearish trend , and yesterday we had a nice breakout below 2300, so this up move today was pretty expected as a pull back , so as i draw on y chart you can see 3 important levels that we drop from ,please put in mind these are just POI so still need to...

Papi24 Updated 

Hello traders, we had a very interesting week, today i would like to share with you my idea about gold, and what is the most possible move that we might see these two days, so please check it out and let me know in the comment, thank you.

Papi24

As you can see last chart I posted did play very well as expected, now the bullish trend has been confirmed and next week I'm expecting more up movement according to Wyckoff theory and also China will come back from a holiday so I'm expecting a bit of up movement,

Papi24

as you can see I'm using wyckoff strategy on this chart , the sudden drop was pretty predictable , and the fake breakout was expected , so here is the next move so good luck

Papi24

as we can see gold recently was dropping dur to the news effect ,now gold at a very strong level (40\43), it did hold yesterday and also we witnessed a good green engulfing candle that broke the downtrend channel , so im expecting a good move to 1960\1970 today from 1945\46

Papi24

gold still inside an uptrend channel, so far, no signal of any bearish trend yet, but we can try a sell around 86\87 if we see any rejection or decrease of bull volume.

Papi24

as you can see gold break our uptrend chanel so we might see a pillbavk to 70 and then we propbably will drop to 55\45 before any pump

Papi24

Hello traders and welcome back again , so far gold moving according to the set up and we clearly can notice that gold is till in range of 50/65 so far , after i post my weekly analysis , here I'm today posting my 15 min set up , please check it out and let me know

Papi24

as you can see , today i brought you into my weekly chart and here you can see my Wycoff strategy and everything is going well and as expected , gold clearly at an accumulation zone so next step gonne be more loading with a fake breakout around 2100\2300 then we will go down below 1800....etc. everything is well explained on the chart , please check it out and...

Papi24

i believe the set up i explains itself, the movement was expected after the breakout of the channel , so now we need to see some retracement to 1940 before it continue this up trend

Papi24

last week we hit our TP on gold trade successfully, and here we are now with this BTC idea that make sense according to the price action theory and fundamental psychology, this is a long term trade for swing and believe this what we are going to see from next week. so good luck

Papi24

This Analyse based on 15 min chart so as we can see there is a breakout of structure in here with oversold on the RSI, also there is a huge space up there so might see 1925-1928 before any further drop to 1908/1900

Papi24

According to the daily chart we can clearly see that we are still in an up-trend also we can notice that there is a demand zone around (1900-1908), so according to all these indicators plus the Fibonacci level 61.8%, We might see an up-trend after retesting the Fibonacci golden zone and the demand zone, at least till 1940.