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Attachments: Gold Mining - Using Each Trading Day's Trend
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Gold Mining - Using Each Trading Day's Trend

Quoting BiteFX
{quote} Confirmed... First profit taken... 100pips Another sell waiting at 1755/56 level throughout today. I Stay Alive.
No opportunity... I Stay Alive.
Trading is war, STAY ALIVE!!!
Quoting BiteFX
{quote} Nice thoughts Farukh
Thanks mate. But things are getting changed now, lets see where the day and week will close.
Morning all.
I am looking prices behavior at 1768.84
Below it I am looking to go short. First support line is at 1760.68 with pullback up to 1764.22 and sell again with TP 1757.15
If 1768.84 becomes support, then buy with TP 1777.73
Always expect unexpected.
Quoting Skoljkica
Morning all. I am looking prices behavior at 1768.84 Below it I am looking to go short. First support line is at 1760.68 with pullback up to 1764.22 and sell again with TP 1757.15 If 1768.84 becomes support, then buy with TP 1777.73
Good Morning,

I also think in the same way. Although technically I am on the BUY side, I do not expect Bulls to go further. This week we must see some Bears running around the chart. At least that is what my heart expects

Apart from my heart expectations, most of the elements I see on the chart shows North. (Apart from giant monthly SUP&DEM area right above us - If it was a dominant one, price would bounce back so strong. The fact that price spends some time here proves that price desires to penetrate it)

Time will show everything

Best Regards
Imagination rules the world ...
PEPPER - WAVE2 Return This Month: na
Quoting Skoljkica
Morning all. I am looking prices behavior at 1768.84 Below it I am looking to go short. First support line is at 1760.68 with pullback up to 1764.22 and sell again with TP 1757.15 If 1768.84 becomes support, then buy with TP 1777.73
If price holds 1770.08 or 1768.84 it could go up even further than 1777.73
I wouldn't be surprised if price reaches 1786.09 until tomorrow evening, it would be nice closing of the month.
I'm prepared for both, bulls and bears.
Always expect unexpected.
I hope price will chose one direction and go soon. Otherwise, it is so annoying to watch it shaking up and down and not choosing one direction. Oh, God, how can it be so annoying????

Daily Range in the north is something like 1788 (i hope)
Daily Range in the south is something like 1752 (i hope)

Best Regards
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd.PNG Size: 112 KB
Imagination rules the world ...
PEPPER - WAVE2 Return This Month: na
Hey all just wanna say good trading week to you all, will post trade idea today when it closes, but the theme ive had for the day is to buy 1765-1768 area, possibly seeing it go to 1777.50 area before maybe going down, but 1768 has been super stubborn so expecting a rise
Quoting Skoljkica
{quote} If price holds 1770.08 or 1768.84 it could go up even further than 1777.73 I wouldn't be surprised if price reaches 1786.09 until tomorrow evening, it would be nice closing of the month. I'm prepared for both, bulls and bears.
I am seeing 1792 , even potentially 1802 as week and month resistance area, bulls seem undeterred at this point lol
Trade Idea for Tuesday June 30, 2020.
Observations:
1. The high of last week Wednesday's dark cloud cover is yet to be erased by the bulls.
2. Three line break pattern from 19th to 23rd created a resistance at 1771. The dark cloud cover closed below that level on the 24th.
3. Hanging man line last week Friday the 26th, signaling a bearish reversal closed below that level.
4. Another hanging man line formed today 29th, closed above 1771, signaling a bearish reversal, but not necessarily a change of trend.

Other levels am watching are on the chart.

Action: am selling below 1771, but a break above 1779 invalidates the signal. And antigravity continues.

Pro Tip: Money grows on the tree of patience..."and" multiplies by proper risk managment.

We Stay Alive...
Attached Image (click to enlarge)
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Trading is war, STAY ALIVE!!!
Trade ideas for today,
price has been consolidating between upper 1760s and lower 1770s,. daily pivot stands around 1771 as bite has indicated above.
I am looking to buy 1767 where our S1 stands and 1771. tp will be 1776, 1781. extending to 1802.
if price finds resistance at 1781, will look to short there down to 1762, around weekly pivot area.
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if price breaks below 1771 and closes below it comfortably, will look for a sell from there to around 1762, 1756.. but I have a slight bias towards bulls, await market judgment
Quoting BiteFX
Trade Idea for Tuesday June 30, 2020. Observations: 1. The high of last week Wednesday's dark cloud cover is yet to be erased by the bulls. 2. Three line break pattern from 19th to 23rd created a resistance at 1771. The dark cloud cover closed below that level on the 24th. 3. Hanging man line last week Friday the 26th, signaling a bearish reversal closed below that level. 4. Another hanging man line formed today 29th, closed above 1771, signaling a bearish reversal, but not necessarily a change of trend. Other levels am watching are on the chart....
bite is there a reason why your daily candle for yesterday looks as so? I'm assuming price opened with a gap up yesterday? but just asking because I do see your hanging man, just not showing up on mine or trading view so was just wondering.
Quoting rayoub
{quote} bite is there a reason why your daily candle for yesterday looks as so? I'm assuming price opened with a gap up yesterday? but just asking because I do see your hanging man, just not showing up on mine or trading view so was just wondering.
Yours looks a spinning top... An evening star formation. The signal is still the same unless market invalidates it.
I have observed long ago, different brokers have different candles, I just interpret the one from the broker am using brother.
Trading is war, STAY ALIVE!!!
Quoting rayoub
{quote} bite is there a reason why your daily candle for yesterday looks as so? I'm assuming price opened with a gap up yesterday? but just asking because I do see your hanging man, just not showing up on mine or trading view so was just wondering.
I have checked up with trading view, its a spinning top, metals mine here has a hanging man... These are no brokers still.
Brother, different candles abound everywhere...
We Stay Alive
Trading is war, STAY ALIVE!!!
Quoting BiteFX
{quote} I have checked up with trading view, its a spinning top, metals mine here has a hanging man... These are no brokers still. Brother, different candles abound everywhere... We Stay Alive
thanks for clarifying bro!ther!.
I went down to H1 time frame, the last three candles of yesterday formed three line break pattern.
Their top 1773 is acting so far as a good resistance.
Their bottom 1769 is acting so far as a good support.

A break out is looming. No one knows!
Attached Image (click to enlarge)
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Trading is war, STAY ALIVE!!!
Morning all

1777.73 (50% Week Resistance/Support) is first resistance on the way up, but I think it could go even higher to 1786.09 (38.2% Quarter Resistance)
I expect 1771.00/1768.84 to act as a support.
So for me, 1771.00/1768.84 is a place to go long and 1786.09 is a place to short with TP 1780.64,
Always expect unexpected.
Quoting BiteFX
A break out is looming. No one knows! {image}
Actually according to GANN-based calculations, yesterdays candle was a significant one, which had the potential to be a reversal. And following potential reversal is 9 (business days) days ahead. For now, yesterdays candle seems to be the TOP, but still noone can be sure Market is good at suprising its participants...

Correction: I corrected "7" as "9"
Attached Image (click to enlarge)
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Imagination rules the world ...
PEPPER - WAVE2 Return This Month: na
Quoting BiteFX
Trade Idea for Tuesday June 30, 2020. Observations: 1. The high of last week Wednesday's dark cloud cover is yet to be erased by the bulls. 2. Three line break pattern from 19th to 23rd created a resistance at 1771. The dark cloud cover closed below that level on the 24th. 3. Hanging man line last week Friday the 26th, signaling a bearish reversal closed below that level. 4. Another hanging man line formed today 29th, closed above 1771, signaling a bearish reversal, but not necessarily a change of trend. Other levels...
Looks like our hanging man is hanging out... We await market judgement...and Stay Alive.
Trading is war, STAY ALIVE!!!
Quoting BiteFX
{quote} Looks like our hanging man is hanging out... We await market judgement...and Stay Alive.
lol I like that. So haven't seen too much going on yet, anticipating that the move we are waiting for will come to light in the next 4hr candle. bunch of catalysts being released then. Still biased towards the bulls, m30 went down to find its 200 ema, stoch is right around 25 level, 1763-1765 is where our weekly pivot and daily s1 and s2 are. on my chart still have gaps left at 1770.30 and 1773. first r1 stands around 1776 as stated in previous post.

us just made a low for the day, but ive noticed they like to make the lows and higus for the day lol so we will see
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