Gold Analysis and Setups For March 2024
Обновлено
i'm back with an even more simplified view of the market. Will post here once or twice a week.
Gold has Consolidated the entirety of last week, if you look at the bigger picture, which it had to do after the rally it has been on. If you understand the Market Maker's concept you know there is one more level of rise due, an for this reason i am bullish until 2200 where price can reverse and start a bear trend or reset and start a new bullish trend.
2160.9 will be the first target for next week's buy setup, then 2172.32 will be the key level, as price has tried to break that level two days last week, if it tries and again and fails, it's likely that Gold will tank..
If you trade the MM method HMU, lets trade ideas.
Gold has Consolidated the entirety of last week, if you look at the bigger picture, which it had to do after the rally it has been on. If you understand the Market Maker's concept you know there is one more level of rise due, an for this reason i am bullish until 2200 where price can reverse and start a bear trend or reset and start a new bullish trend.
2160.9 will be the first target for next week's buy setup, then 2172.32 will be the key level, as price has tried to break that level two days last week, if it tries and again and fails, it's likely that Gold will tank..
If you trade the MM method HMU, lets trade ideas.
Заметка
Заметка
Setup i'm looking to see next week.
Заметка
Slight update, after a brief overview, I believe this will be the target before reversal to upside, will be entering after 1 of the confirmation entry patterns presents itself to me.
Заметка
Swept the weak stops below last weeks low, retest 2153.43 and now onwards to 2200 likely this week.
Заметка
Заметка
They are still accumulating contracts, signs that Fomc may send Gold to new all time highs...This is the setup i am looking to see today or tomorrow Заметка
This is the setup I am looking to see today, but as FOMC is looming, they could go as low as 2143.20...Wherever they a confirmed pattern entry, above 2143.20, i will be buying.
Заметка
Заметка
Заметка
seems to be heading back down to 2150.9 before the news...wouldn't be surprised if they go as low as 2143.
Заметка
Happened so fast,they have enough contracts accumulated, they gave the confirmation I was waiting for for 2nd entry at 2pm..now they head into the 3rd push of the daily MM template...after that push is complete, accumulation, LG and bull trend continuation tomorrow..
Заметка
We are back into last week Monday's Range...Looks like this will be the HOD and next phase will be accumulation, then Liquidity Grab...This is what I will be looking for tomorrow for buys, and entry as soon as Pattern is confirmed..See my second post on this Idea incase you skipped it..
Заметка
looks like they will be heading straight to 2200...was hoping for a pullback before it did that, doesn't look likely now..Заметка
Closed all buys target reached...Now I wait to see where there will bring the market, this looks like the same behavior they did when they got to 2100...Sells potentially incoming...Заметка
This is when price got to 2100
Заметка
Now this is the same behavior at 2200, at the same level of the weekly template..while this is not a solid indication of sell...just a similarity I noticed...But if this a selloff, we could see price drop to the range of 2082-2078
Заметка
sell setup i am looking to see tomorrow
Заметка
Заметка
Заметка
Заметка
nope they didnt give level 3 at 2201, which is good, less concern now for drawndown...Now i have moved to Break even, risk free sell trade now..if they come back to that high, i will update on new pattern entry for sell....but a pullback is incoming after level 3, the question will be, how high will the pullback go....but i will be selling that pullback once I have pattern confirmation...Scroll to the second post on this idea, to understand the pattern entries I take.Заметка
2nd entry I will be looking to take after pattern confirmation
Заметка
Заметка
Looks like we will get a late NY or early asia sell setup..
Заметка
last trade for the week.
Заметка
price has now closed below opening range...moved to break even, risk free trade now...have a great weekend all!..Заметка
Know i said i was done but if they print clean sell pattern, I will not pass on opportunity..230pips already locked in from yesterdays HOD...will surely be my last trade of week if they give me sell pattern.
Заметка
yup that second push was a LG..didnt give me a new entry, enjoy your weekend guys! new posts on sunday or monday.Заметка
Setup for today
Заметка
if price closes above 2181, we could see price go as high as 2190 before any bear reversal.Заметка
Setup i'm looking to see today before sell entry.
Заметка
price closed above 2181...So we could be looking at bullish movement up until 2190 this week before sells...potentially thursday before sells .Заметка
Price closed above 2190...Seems they have enough contracts accumulated to continue driving the market up, not surprised as the monthly template is still bullish..
Заметка
The monthly Template for Gold
Заметка
I already knew the bear movement was a liquidity hunt, but i was expecting them to go deeper, but they didnt, and they have given the signs they are ready to go up now..This is the setup i'm waiting for today or tomorrow...hopefully they give a setup before 2200.
Заметка
If price does not close above 2186.00 by the end of the day, it is likely this entire bull move to day was a liquidity hunt...and we can look to see price continue to fall..
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.