I'm noticing gold bouncing against the 1880 resistance turned support level. Current move up is the second bounce. Range is getting tighter. Edit - bearish divergence coming up on EURUSD 30mins too.

Darkangels pips hunter

Hope all is well! Always looking forward to your analysis. Didn't quite get that push towards 1870 though, stuck around 1874.

Darkangels pips hunter

I finally closed it off at 1874.5 and bought it but closed my buys early because there were some downwards moves going on earlier before the current push up. But I will be looking to short it up to 1886 and down to the 187x or even 184x levels. But ...

Darkangels pips hunter

I had a sell from 1880 that I didn't close but I bought from 1873 and closed at around 1879. Price looked like it wanted to push lower so didn't end up closing it even though I could have gotten a pretty good profit from that. Still holding it ...

Darkangels pips hunter

Are you referring to 1872?

Darkangels pips hunter

Thank you. I'm also here to learn. Apparently price bounced back from 1871.99 support level that I had drawn in. I'm looking at the key resistance area of 1889 now. With a daily full body closure above that, could either be stop loss hunting or we ...

Darkangels pips hunter

That is amazing! Really good calls so far. I see almost similar picture except that instead of 123 waves or divergence, I look at 4H and daily overbought/oversold levels. Thus far can actually see Gold dropping more if it closes this way because of ...

Darkangels pips hunter

That's great. Were you buying USDJPY too? I only managed 50 pips on gold from 1886 to 1881, didn't want to hold it for that long in case it spiked back up due to news volatility but I did think of opening another sell at 1888 before the drop. Sadly ...

Darkangels pips hunter

That US news was an extremely good catalyst. It is showing so many wicks on the daily. Congratulations!

Darkangels pips hunter

Seems like a ton of sell orders / profit taking at 1888 area... lucky number I guess.

Darkangels pips hunter

Seems like a strong probability for it to hit 1898/1900 first. 1898 is 78.6 of the move from 1959 to 1676. Could we perhaps be seeing a huge harmonic pattern here? Probably not right..

Pro7 PA trading analysis 28+GOLD

We got a little triangle going on the 1hour time frame. Wonder which way price will break out of.

Darkangels pips hunter

Always enjoy seeing your wisdom on this. I notice a previous support level from the ranging at around 1.4182. Would you consider that as well or disregard it since it doesn't appear on 4H and Daily as prominently?

Cable Update (GBPUSD)

Okay, I do see that daily bearish divergence as well but at the same time its also a bullish divergence. I guess price is just confused. But 4H is setting up inverse H&S pretty decently. Perhaps if we see a break of that downwards trendline it would ...

USD/CAD

Weekly oversold with long wicks. Daily bullish divergence. Inverse head and shoulders forming on 4H. Just to give a little bullish bias to your analysis.

USD/CAD

If you guys take a look at the CAD on weekly, price action is actually pretty interesting here especially when it is overbought. And on the daily, we do have a bullish divergence as well as yesterday being a good push up creating a nice full body ...

USD/CAD

If you look at USDCAD on the weekly chart, it looks primed for a bounce back up. Plenty of pips to catch on the longer time frame. Edit - add a bearish divergence on Daily as well.

Darkangels pips hunter

Yes but actually if I consider the way the daily is moving, I still feel that we should be having a more decent retracement. Even if it pushes higher, perhaps we will get stopped at around 1906-1911, which is what you got as well. I still feel we ...

Pro7 PA trading analysis 28+GOLD

I would say it beautifully retraced and tapped the downward trendline coming from previous 2066 level highs and 1950 highs. There is always that possibility of hitting over 1900 now.

Pro7 PA trading analysis 28+GOLD

Previous high was around 1853/4. Probably gonna test this area first. It still seems like it wants to burst higher though. But I am actually expecting a much larger move downwards, even back below 1800. I really don't think we will see 1950 or 2000 ...

Pro7 PA trading analysis 28+GOLD