Gold: A "Golden Opportunity" Is Nearly Upon Us
Atualizado
4 days ago, I published a report on Gold where I said that Gold is "Poised For A Large Move". It was released as a FREE report available to all registered members of my website. I SHORTED Gold as per my analysis. You can get that report here: bit.ly/2amr2wA
It contains a FULL ANALYSIS on Gold from MONTHLY chart on down to the 4HR chart and the reasons why I am seeing it SHORT at this time. But keep in mind as you read that report or are looking at the chart in this post that LONG TERM....I am VERY, VERY BULLISH on Gold! So this is a trade to take some good short term profits while setting up for a MASSIVE opportunity to come later. I will be releasing another comprehensive report on that MASSIVE opportunity when the time comes.
This update chart in this post shows clearly how prices have tested and retested that upper MAJOR DT TL and that TL has held several times. It is again being tested and again it is rejecting prices from advancing further. Prices are also being held in check by the 2.618 crab extension PRZ as well. We should be seeing a nice move down coming soon. A chance to grab some good pips.
I released a similar report on Oil last month before it dropped where I said "USOil: Could We See $30 Again?". And see what happened afterwards? I have other "SPECIAL REPORTS" I have already released as well on GBPUSD and GBPJPY.
Does this kind of analysis help you with your trading? Want more in-depth analysis of markets like this? Just subscribe to my website and you will get in-depth analysis, commentary, intraday updates, access to private chat rooms, REAL-TIME trade recommendations and trade updates and more!
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Documented Trade Log here: bit.ly/29AeqnC
*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
THINK before you comment! It takes MUCH work and time to create these posts! So before you decide to criticize me for what I post, or how I choose to post, remember that I don't just throw a chart up with a few lines on it with a few arrows showing 2 possible directions and that's it. I can do those in 5 mins. My charts take MUCH effort and I put much detail into creating them for your benefit. I hope it helps but I also hope it's appreciated!
If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I can know my post was helpful to you. As always, any CONSTRUCTIVE comments are welcome whether AGREE or DISAGREE.
It contains a FULL ANALYSIS on Gold from MONTHLY chart on down to the 4HR chart and the reasons why I am seeing it SHORT at this time. But keep in mind as you read that report or are looking at the chart in this post that LONG TERM....I am VERY, VERY BULLISH on Gold! So this is a trade to take some good short term profits while setting up for a MASSIVE opportunity to come later. I will be releasing another comprehensive report on that MASSIVE opportunity when the time comes.
This update chart in this post shows clearly how prices have tested and retested that upper MAJOR DT TL and that TL has held several times. It is again being tested and again it is rejecting prices from advancing further. Prices are also being held in check by the 2.618 crab extension PRZ as well. We should be seeing a nice move down coming soon. A chance to grab some good pips.
I released a similar report on Oil last month before it dropped where I said "USOil: Could We See $30 Again?". And see what happened afterwards? I have other "SPECIAL REPORTS" I have already released as well on GBPUSD and GBPJPY.
Does this kind of analysis help you with your trading? Want more in-depth analysis of markets like this? Just subscribe to my website and you will get in-depth analysis, commentary, intraday updates, access to private chat rooms, REAL-TIME trade recommendations and trade updates and more!
Half-price trial offers are still available! Ask me how!
Faceb00k: goo.gl/Mb81w7
Website: efxselect.com to subscribe
Join my Skype chat room! It's FREE (requires registration): Skype link: goo.gl/2fwvsa
Documented Trade Log here: bit.ly/29AeqnC
*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
THINK before you comment! It takes MUCH work and time to create these posts! So before you decide to criticize me for what I post, or how I choose to post, remember that I don't just throw a chart up with a few lines on it with a few arrows showing 2 possible directions and that's it. I can do those in 5 mins. My charts take MUCH effort and I put much detail into creating them for your benefit. I hope it helps but I also hope it's appreciated!
If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I can know my post was helpful to you. As always, any CONSTRUCTIVE comments are welcome whether AGREE or DISAGREE.
Nota
Gold post-NFP update: now looking at a POTENTIAL Bat setting up
but the bat would break the UT TL so may signal for lower prices
Nota
Gold has dropped just as predicted it would. it has now completed a Bat pattern and should retrace back up somewhat before again dropping:Nota
Hope you all stuck with this trade and didn't lose your nerve as it retraced.....now could be starting on the wave (iii) of 3 down....Nota
Honestly, how many of you all stuck with this trade through all the whipsaws, price fluctuations and market gyrations? Did you worry? Did you panic? Did your itchy trigger fingers hit your "close order" button as soon as you saw it retrace back up? If you did (and be honest), then you got some work to do on your mental game. Seriously. It's costing you money. Not to mention your sanity.Anyhow, if you stuck to the trade I gave on this 17 days ago, then you just may be about to be rewarded. Well, you are already being rewarded since you should be in (paper) profit by about +250 pips so far. My members don't panic. I teach the mental game.
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Website: efxselect.com
Mailing list: bit.ly/2iNieEY
Facebook Group: facebook.com/efxselect
Twitter: @andrewefxselect
Website: efxselect.com
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