
GoldKingXAU
@t_GoldKingXAU
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GoldKingXAU

The gold has been flying on a 90° trajectory since the gap it created around 1840 , you must have heard that all wicks needs to be filled so does all the gaps that's just the Fact , Gold has come a long way from 1840 to 2260 , most of you might be thinking that now interest rate cuts are about to happen to it'll make sense that gold will go more high up but that's how Whales ( Market makers ) get you , earlier even i thought around 2150 that that's it and now it'll fill the gap but that's what most Market thought and boom they get in you sells and get you caught up force you to stop loss or make your account blow to smithers, just such moment is here now when all the market sellers are turning bullied and converted into bulls another boom is about to happen, the time is almost upon us just need a trigger could be the NFP this week , Good Luck don't get caught in buys now sell or sit outSold at 1960.7 at a 3% risk of my account , my account is 500k $ , I'll add up more if the wings of this dying dragon flutter a little more before the downfallAdded short at 2285Added a big short position at 2302 , with the buying pressure fading away this looks like near top for now let's see how it moves nowPatiently holding my trades added short at 2420 yesterday will hold for next few monthsSuch swing trades totally depends on your account size and how much you trust your analysis yes they pumped it higher even when dxy was pumping up like crazy qnd that's when you can tell that market is manipulated to trap all buyers when all sellers loose hope and start buying they flip the switch again , gold will go up drop down eventually and then continue going up because that's how gold has been since the start always gaining value but buying at premiums is a stupid game for swings or long tradesInitial was 2260 typo error of 1960Finally we are witnessing moves we were expecting let's see how it unfolds around 2300 support zone

GoldKingXAU

It's a blasphemy to buy gold at higher prices the principle on which you buy gold is that it's an non yielding asset so it's outright stupid to get stuck into market manipulation and buy gold near ATH prices doesn't matter if it goes up more it'll come down because big players don't play aroundSold at 2047

GoldKingXAU

Gold has entered ath zones it can make a fast move up collect a ton of liquidity and then drop like an asteroidOpened short at 2067Another small position added to short at 2074 , as of now the upper celing of this move looks to be around 2080 range somewhere let's see on MondayBig players ate up all the gold small sellers totally manipulation of market but I'm still in added short at 2138 they can take it to 2500 i have enough big account sorry for the retail tradersWell well well haven't i made a profit this much this fast haha , 500 pips in 2 hoursClosed with over 1000+ pips of profit what an amazing day

GoldKingXAU

Long term the gold was bullish but with given time and multiple factors emerging against gold it'll go back to fill that gap sooner rather than later don't let the bull runs trap you doesn't matter where they take this bull run it'll exhaust and fall backSold at 2007 will keep adding more for this bull trapRunning 150+ pips in profit closing half here rest to Target or BreakevenPrice is mounting up towards another sell position we'll wait and watch and pick our entry we're already deep in profitsPrice is converging into a triangle it can move either sides now depending upon the news but my preference will be towards sell position from the top if it goes upOpened fresh short position at 2015Liquidity sweep , stop loss hunts very common practice on gold , added short position at 2031Don't fall for the bull trap this is just big whales eating small fishes when belly is full they will dump it faster than an asteroid crashing from spaceAdded short at 2041 relentless surge in price means a heavy drop also gold has nothing going for it to sustain these all time high prices for long correct gold value i see at this time period is somewhere between 1900-1950Added more short at 2048 , yes it's going up but i have big enough account to accumulate my sells and profit hugely when the dump comes sooner or later dump is comingClosed all positions except 2015 one , closed at 2033 , made 150 pips on 2048 sell , but this is not the dump as it's clearly indicative of more upside to come maybe till 2070-2080 zone for a bigger dump till 1950 zone let's wait and watch and add to our shorts and keep making profit like we do

GoldKingXAU

Gold has reached my resistance marked zone would like to see down movement from hereSold at 1982Sold again at 1985.8Added another short at 1992 , price is taking out the short sellers first before moving down simple big whale eating small whales strategyWhere did all the bulls go , trades running in 100+ pips of profitI'll looking to close 70% trade here with nice profit and rest ro breakeven and look for further plays this week

GoldKingXAU

I'm following smart money concept here and gold has entered the buy zone according to it target to the upwards come to near 1970 zone which is peak at the 1 hour time frame tomorrow and day after tomorrow are really crucial for gold with us cpi and retail sales news in line this weekBought at 1933.5And just like that boom 150+ pips of profit running booked half rest to break even or at Target , all the so called experts telling to sell and giving sell Target a slap to them on their face1970 achieved

GoldKingXAU

Gold has again entered a liquidity zone below 1950 and 200 day sma is at around 1938-1940 area i think we can see some bounce from here in short term atleast I'm entering with small lots with room to add more if price falls furtherBought at 1948.2Closing my position at 1962 with 140 pips of profit as uptrend seems weak

GoldKingXAU

Price has entered a liquidity zone from where we can se a short term bullish movement till 1983 zoneBought at 1958Pullback is not as strong as i anticipated it can fall further to gather more liquidity closed at 1966 with 80 pips of profit enough profit for today

GoldKingXAU

Price is again showing fake momentum to trap buyers it'll fall within some time I'm taking small position here as sellAdded short position at 1986150+ pips profit running.....A fakeout again to trap buyers i took another sell at 1991Took a sell at 2002 , gold is killing every seller before the eventual drop it can still go up we'll short more as i have a big enough account and bigger risk appetite but I'm not advising anybody to buy gold from here at these levelsAdded another short at 2009 a small position , the upper ceiling looks like around 2013-2015 for this move then back to 1950 and below , let's wait and holdClosed all positions at 1975 , 2009 sell trade got me 330 pips of profit , a hard slap on the face of people who were saying gold will go to all time high maybe it'll but not yet my novice traders not yet trust me for good advices

GoldKingXAU

The road has been soo far stretched that it took out everyone it can go a little more but for now it's as far it goes the gaps needed to be filled the time is coming we going to see a big drop soon price needs stabilisation no matter what it's the golden rule gold needs to fill the wicks it leftSold at 1976.8 now waiting35+ pips profit running, even if it reverses I'll still be looking for sells from aboveThe window to enter the trade is still openEnter with small lots keeping in mind that it can go up and you can add further sellsAdded small sell at 1984.5Nice pump coming in the market before dump sold another small position at 1993Price reached the marked 1997 area and reversed let's see how it'll hold now or they'll pump it up again to shake off more short sellersThat was a nice low made by gold i closed half my position at 1968 holding the rest till 1940 ish area or break even , if it reaches the 1940 area I'll be willing to look for some short term buys but not from hereAnd here we go guys trade closed with a total profit of more than 300 pips
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