Gold pullback to 2625-2640 zone. Feels like its going up today.

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https://www.tradingview.com/x/sSF732jo/

If I got pre-emptive about an hour ago calling for Long-gold at 2655 or thereabouts, if that got you a stop out then my sincerest feeling for you and I would like to make it up to you.

I have to literally pinch myself every time I take a trade here in currency or patricuarlly gold, becaues volume is reduced until London opens for business.

Anyway I will be looking to perform a Long trade here a bit later, but with 1 trade already down and that position I put a Stop-on and I exited the trade at 0.5194 I think it was.

Another chart here the 4HR. Gold has now made a fairly deep and up and down move since Thursday, causing just the right about of volatility and momentum to fire-up a deep 4hr reversal trade. These work on depth, generally the deeper the better to get that spring back through 30 on the RSI and 20 on Stochastic's, both are great, standard settings. To confirm that the long trade is the real deal I will be looking for a big spike in volume, increaasing more than 50 momentum on Rsi and/or 20 on Stochastics'.

But the best way to pul the trigger on a deep RSI reversal trade is to do all of the above monitoring good increases in momentum and volume, watch only as it passed above 30 / 20 on the Oscillators and on a lowertimeframe I suggest a 3 minute chart setup an EMA 9 and EMA 50 and BUY GOLD when the 9EMA bullishly crosses up and over the 50. Higher the time frame the stronger this Cross becomes but its the lower time frames where all of the action begins. The most accurate winning strategy for this type of trade would be on the daily but its a bit early for that big TF.

Buy the pullback in Gold. Watch for LIVE divergence on the 4HR for things like price bottoming and in the volatility is on the up and up in oscillators like RSI/STOCH/MACHd.
SL under a swing low on a 5 min timeframe.
TP 2680 is the final target. Take partial profits at the tops of zones.

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We are off to the races it would seem from 2653, slowing now no fomo. . I put 1 bet down for longs risking 700 and 1.4 Lots Gold CFD's. SL is at 2649.30.
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GOLD breaksout to 2660 and we hope beyond. Expect a retracement soon I might put out some FIb levels. Fake rally is possible but I think this is a real rally.
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4HR RSI reversal trade where we only look for the very oversold and deep reversal trades.

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I like the demand coming into the RSI and Stochastc's XUPS on right of screen. Stochastics already a BUY crossing up and over 20 on its OSCILLATOR.
NEXT: Get a final confirmation from a 9ema crossing up on a 50ema on a 1-5 minute chart, that is your confirmed buy.

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2656/2657 is a good BUY in Gold. Stop Loss: 2652.
Price is looking to retrace to the top of the double top.
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remember the final confirmation the cross up of 9 on 50ema, very bullish on a daily chart. About 2 hours ago it occurred here on a 15m chart. So I find anything on a 15m chart to be very reliable compared to 5m chart is which is very subject to change.
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Another breakout trade top right corner price taking it through white 200ema very soon,

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Still live on Trade Long Gold. Divergences keep getting signalled and on the 1hr chart right of screen not 1 divergence with price but up to half a dozen divergences. This is building further momentum and putting energy into the long trade to run through the Double top in the next hour or 2.
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4hr rsi xup bullish from overzone.
is price holding? data was mixed i thought.
buy on a 9ema cross up on a 34ema or even better upwards momentum would be 9 moving over a 50 .
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look for the ema cros up on the highest timeframe possible but start low on the 1m and work up.
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A couple of my favourite songs at the moment if you have spotify handy, I find listening to music much better for my trading results because it keeps me happier and less chance to get upset when a trade doe not work out.
Austalian brother and sister, Lastlings - Perfect world. They live only an hour away from me on the Gold Coast. Great song and it will grow on you fast.
2nd selection is a 1 in a million songs absolutely fantasic song and my equal fav with perfect world.
This 2nd song is by Atlas: Jodie Knight n its called USED TO THE SILENCE.
Chart PatternseducationalpostsTechnical IndicatorsTrend Analysisvolatiltyxauusdanalysis

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