
EricGoldHunter
@t_EricGoldHunter
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EricGoldHunter

ichimoku update with gold ichimoku update with gold ichimoku update with gold

EricGoldHunter

I predict that gold is accumulating in this wedge pattern, the closest point of confluence between the down channel and FVG then increases and my short selling point is Supply frame 3 hours target to Demand frame 1 hour. Then I will collect goods there to hit the last increase of Gold. Because according to my calculation, Gold cycle often creates peaks at the end of September and the beginning of October. In case Gold breaks down falsely to sweep stop loss, I have waited for the FVG frame 1 hour to break down and collect goods for the last time until the end of September.

EricGoldHunter


EricGoldHunter

I am waiting for another correction below my waiting point, then I will re-enter the line and hold up to target 135 and 140k

EricGoldHunter


EricGoldHunter

With the current market combined with Q2 I only prioritize selling Gold according to the cycle. My sell points are all aimed at targets 3190- 3028 and the final target is 2640.

EricGoldHunter

I checked on the 15 minute time frame and saw liquidity points for us to consider trading, Gold price is being supported, candlestick patterns are showing signs of breaking resistance so consider volume for the sell-off plan. If you do not have a buy order in the idea below 👇 then set up a buy order according to this trading idea, good luck to you and us.

EricGoldHunter

With this idea combined with ichimoku, I found a confluence entry point with a short stop loss, the target is 98500, then I will consider gradually accumulating goods there.

EricGoldHunter

Gold next week the main plan is to sell down. We will wait for a good entry point from there to get the shortest stop loss. If the price does not recover to sell, I will wait for a confirmation signal and accept to sell at a low price. Target is 3178

EricGoldHunter

Gold currently has a hard stop on the daily frame. If the price breaks the 3350 threshold, we wait for the old supply to recover to buy at the above 2 thresholds. I am still short gold on this idea at the moment with a stop loss of 3248. In case the market reverses the plan to break through 3248, we should consider capital management by cutting losses, and waiting in a buying position like this idea. However, this strategy has a high stop loss of 1000 pips. So we need to consider the trading volume by allocating at each level. I will update the positions in smaller time frames.
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