sullemanytt

Buy at 2018.88 Confluence: 1. Break of resistance 2. Parallel channel 3. Exit of golden level zone TP 1: 2027 TP 2: 2034 TP 3: 2038.32 TP 4: 2048 TP 4: 2064 SL: 2015.44 OR Entry: 2009.23 (sell) TP 1: 2001.05 TP 2: 1995.17 ...

The buy Stop trade based on a MMBM/ bullish market would be: BUY STOP ENTRY - 2032.46 TP 1 - 2035.87 TP 2 - 2039.13 TP 3 - 2049.87 SL - 2028.98 This is just my idea based off of my analysis

The Buy stop entry points are marked at 2040.58 and TP 1 at 2044.48 and TP 2 at 2048.28. and TP 3 at 2055.79 and SL at 2038 This is in the case of a buy on the 1H and 4H fib graph analysis. The Sell stop entry points are marked at 2037.34 and TP 1 at 2035.35 and TP 2 at 2030.85 (close trade) and Entry 2 at 2027.17 and TP 1 at 2024.81 and TP 2 at 2020.25 (close) This is in the case of a sell on the 1H and 4H fib graph analysis.

This is my gold analysis for the week for both a MMBM (Market maker buy model) and a MMSM ( market maker sell model). For Buys: 1H Fib retracement zone golden level exit (1) Break of parallel channel on the 4H time frame will signal possible buys (2) Break of past resistance (3) 3 confluences For sells: Break of support at 2013.86 (1) Break of parallel channel (2) Exit out of 1H Fib Golden zone (3) see if we can fully retrace on the 1H Chart 3 confluences What are your thoughts?

Gold Journal The 4hour 0.382 level which is the golden zone entry of the 4h at 2045.80 which is the same level as a support line If we break past the 2043.40 level which is the 0.382 golden level entry zone on the 1h fib level then thats enough confluence for sells Take sells to the next perfect exit point which is the 0.5 level on the 1H Fib as TP 1 which is 2038.60 which is also the start of the next support level. If we break the support level tested at 2036.94 then TP 2 will be set at 2032.51 which is the 0.5 level on the 4H chart and the exit level 0.618 on the 1 hour chart With proper hedging and risk management try stretch to TP 3 set at 2030.11

here is my spot on Gold analysis for the week, nice little CHOCH retest on support to start the week !

Here is my analysis on Gold, what are your thoughts?

Looking at our EMA and current Bear market on gold as well as the Fib levels. We can go for comfortable sells on Goldfrom the end of the golden zone at 1639.13 down to:TP at 1637.52 TP 2 at 1634.04

If the number of jobs released is less than 315k then we can take buys all the way down to 1714.39 (TP 1) and TP 2 is 1719.14

Buy scenario (lower than expected jobs)We will take a buy if Gold is in a 1746.50 -> 1749 areaWe will easily break this area and head for a TP 1 of 1753 and TP 2 of 1760.48