MoneyMantraCha

Hey Rich Friends, Happy Monday! I think Gold will continue to buy today and maybe this week. This is only my technical analysis so make sure to check the news and cross-reference any indicators you have on your charts. - The candles have crossed and closed above the previous high on H1 and H4 showing bullish momentum.- After the break of the previous high, H1 was resistance has been retested as support confirming bullish momentum. - The stochastic is facing up, the fast line (blue) is above the orange line (slow) and 1 or both lines have crossed above the 80% line. These are bullish confirmations for me. Additional information:- Wait for the current candle to close for more bullish confirmation. - I would set buy stops/TPS to 3400. I will be using previous highs as TPs and previous lows as SL. Only enter this trade if it make sense to you. Peace and Profits, Chabuy stop triggered at 3335.I will typically set pending orders and TPs at the same place in case the trade continues to go on. Although I entered for market execution buy and hit TP at 3335. The trade triggered at 3335 has hit SL making this one break even for me. I have additional buy stops set for when the momentum continues.

Hey Rich Friends, Happy Tuesday! I wanted to share my Gold analysis and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at:- There was a break of structure on H1 and previous support was retested as resistance.- Bearish confluence on additional time frames: D, H4 and M15- The stoch is facing down, both lines have crossed below 20, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me.Additional information:- I would set sell stops to catch the momentum going down- I will be setting sell stops and using previous highs as my SL and previous lows as my TPs. - Focus on closing the gap from last weekGood luck if you decide to take this trade, let me know how it goes.Peace and Profits,ChaTP 1 and TP 2 hit. Patience pays.

Hey Rich Friends,I think Gold will continue to buy today and potentially for the rest of the week. This is only my technical analysis, so please check the news and cross-reference the indicators on your chart. Here is what I am looking at:- The market has been pushing up since it hit a swing low at 3285- Bullish candles are picking up momentum with Bullish engulfing on H1. This is a bullish confirmation for me- The STOCHASTIC is facing up, the orange line (slow) is below the blue line (fast), both have crossed above 50%.These are all bullish confirmations for me. I will setting buy stops as marked on my chart. I will set my SL at the previous low and use previous highs as my TPs. Good luck if you decide to take this trade. Let me know how it goes in the comments below.Peace and Profits,ChaBuy stop triggered at 3307.

Hey Rich Friends, Happy New Year! This year, I will be posting more Gold Analysis videos that will be just like my Forex ones. If it is helpful, and you learn something, you can follow me here :) After reaching an all-time high last week, I think Gold will be retesting lower levels before it continues to buy. Here is what I am looking at: - The market hit a swing high at 2817.09 before it started to sell and create lower highs at 2806 and 2791. - Structure was broken on the downside at 2785 triggering my first sell stop. - The STOCH is facing down, the slow line (orange) is above the fast line (blue), and both lines have crossed below 80% and 50% making this a strong bearish confirmation for me. - I believe that the next levels to be hit will be 2775, 2770, 2760 and potentially as low at 2746 if it closes below the 200 EMA. Now overall, Gold is on the up and up but that doesn't mean that we cannot make money on shorts. I encourage you to check the news, cross reference your own charts and indicators and make the best decision for your account! Peace and Profits, Cha2 targets were hit and the market sold before it bought!