Gaspar_Trader

Hi all, I believe Gold needs some sort of correction, so I'm planning to trade using the levels marked on the chart.Selling around 2378 with a TP around 2320.Stop loss should stay above 2390.

Hi all,I believe Gold will clear liquidity above current ATH, and drop for a correction following current bull run.

Hi Everyone,It's been a while - I'm sharing with you my analysis on Gold and what I expect to see taking shape this week.As you can see, I'm bearish on Gold.I expect price to continue the current upward move to take liquidity above the marked area - however, as we approach 2035-2040 area, price will be facing a strong selling level, where bears could take over control of the market and drop the price lower, to fill those Imbalances as well as unmitigated Order Blocks.I'll be taking short positions as the market approaches the upper grey area, in confluence with the bearish trendline. It could be a great trade with a largely favourable risk to reward ratio.Let me know if you have any questions or have different views, I'd love to discuss!Good luck!Gaspar_Trader

Hi Everyone, this is my prediction for Gold price on week commencing 04/12/2023.I believe Gold will continue to consolidate around the current area, prior to NFP on Friday, where I expect major liquidity grabs, touch of the 2020 area - trendline + support, and then continuation up.This is my trading plan for the week, might buy the lows and sell the highs while the pricing is within the range - if the range confirms throughout the week.Let me know your thoughts!Good luck,Gaspar_Trader

Hi Everyone,Will the story repeat itself?Gold has been in an uptrend and at the time of publishing this idea, we are less than 30 minutes away from some high-impact news!If we look back at the charts, Gold has created a pattern on its way up: find a support, get some traders excited about the opportunity to buy with stops just below this support, then come back to grab liquity and shoots up!Now, will the story repeat itself? From a probability perspective, yes, it is very likely. I'm hoping to see some quick whip to the downside to grab liquidity and then resume its way up!It can either be around 2030 area, where there is an order block, or 2020 area just above a key level.Stops should be below 2010 to be safe, you would be protected by the trendline, the order block as well as the key level.For now, we wait and see! Use proper risk management and good luck!What's your thoughts for Gold? Let me know!Gaspar_Trader

BCH - What is next for Bitcoin Cash? Hi Everyone, BCH is now coming back down to close the imbalance that had been left once it broke swing highs last year. There is an order block sitting around 140, which should be the area to watch out for your buy limit orders. I expect price to continue falling to that area and I will start opening buy positions once we see confirmations that the Order Block will hold. Stop loss should be placed below the daily swing low, as the market could still drop further to the lower order block around 120.

Bitcoin - BTCUSD what happened and what is next? Hi Everyone, BTC has seen a strong bearish candle and here are some technical analysis for you to understand what happened from a technical perspective. There is a trend line supporting the market to go up since January 2023 - However, the market has been failing to go above the weekly bearish order block created in June 2022, around 30,500. If we look at the trend as it was going up since January 2023, we can see that it has left some imbalances as swing highs were broken and the market was getting closer and closer to the weekly order block around 30,500, which could indicate that the market would get back to those levels to close the imbalances. Also, as the market goes up, it left some unmitigated Order Blocks along the way, which is another indication that it could get back down to fill those orders that were pushing the market higher. The price needs to keep balanced and gaps closed to continue pushing higher, otherwise it will lack power at some point. Adding all these confluences up, once the trend line was broken, there was nothing else holding the bullish structure, which has then tanked in such way. If you go down to the 1H timeframe, you can see that there was no power at all to keep supporting price in an uptrend. The huge dump followed that lack of support, where traders decided to either close their buying positions or open new sell positions to ride the bearish candle. I expect price to continue going down towards at least 20,500 level. However, first stop, it needs to break below 24,500 - so short term we should expect price getting back to 24,500.

XAUUSD is heading back to retest support around 1950-1955 area.in my opinion, we could see good trade opportunities once it hits the green area on the chart.Still on track to hit 1955 area todayAs described, price has perfectly come into the green area and is currently bouncing off of that area.Expect price to reach 1880!

Speculating a little bit here, but I will take a long position for a 1:2 Risk:Reward.Trade got activated while I posted, so we are in! I think it's worth a try, given the stop loss is quite small.

I'm looking to enter sells on Gold and take advantage of the volume hitting the market with the US news in 3 minutes.quicker than we all thought :DMaybe we can have another opportunity to enter this sells from 1975 :)Let's seeTarget reached :)Well done everyone who followed this setup!