GOLD ANALYTICS
Updated
Hi, Team hope you all had an amazing weekend and welcome back, sorry guys last week was a bit hectic on my end just had so much in my plate that stopped me from posting and updating my ideas, hopefully this week will be a wonderful one and i trust i'll be with you full time.
Anyways long story short, this week i'm expecting a waterfall this is there should be a continuation of more bearish action, i expect that extreme downpour, the verdict ain't concluded yet but that's my expectation as the market unfolds.
So today is a brand new start, looking at my chart i'm proud to say we first should be having a pump before we proceed to the waterfall, the pump is expected to at least start by taking down level $1927 first and then possibly extend a little further to $1933 -37-40.
When the pump is experienced this should be an indication of a double top mainly,which means we then should see our waterfall, so all in all is we should expect a pump first to retest the upper levels mentioned above and then after the retest we should expect the formation of a double top pattern will then prove my waterfall.
So this is my expectation according to my analysis, as i always i try my level best to use the most understandable terms possible,so the fall is expect to start possibly around $1933-40 , of course we barely could read the future so this is basically the technical bit, as indicated the fall is expected to at least rule out $1919 before we conclude on what to expect next.
until then do wish you all a wonderful trading week ahead and a profitable day!
Ciao!
Anyways long story short, this week i'm expecting a waterfall this is there should be a continuation of more bearish action, i expect that extreme downpour, the verdict ain't concluded yet but that's my expectation as the market unfolds.
So today is a brand new start, looking at my chart i'm proud to say we first should be having a pump before we proceed to the waterfall, the pump is expected to at least start by taking down level $1927 first and then possibly extend a little further to $1933 -37-40.
When the pump is experienced this should be an indication of a double top mainly,which means we then should see our waterfall, so all in all is we should expect a pump first to retest the upper levels mentioned above and then after the retest we should expect the formation of a double top pattern will then prove my waterfall.
So this is my expectation according to my analysis, as i always i try my level best to use the most understandable terms possible,so the fall is expect to start possibly around $1933-40 , of course we barely could read the future so this is basically the technical bit, as indicated the fall is expected to at least rule out $1919 before we conclude on what to expect next.
until then do wish you all a wonderful trading week ahead and a profitable day!
Ciao!
Trade active
As indicated earlier was expecting a pump up to at least $1937 -40 we are currently headed there, after we attain the target then we evaluate further on either the fall or rise continuation.So yes i highly see the waterfall after $1937-40 that is we take down $1937-40 then we see the waterfall to at least $1909 there and then we'll confirm what's next.
Note
Possibly $1940 plus an extension expected! yet to confirmNote
If we break $1937 then our pump must extend further up! if we don't it'll give us time for further analysis.As indicated in the morning i was expecting a pump the we experience a waterfall mainly from $1937-40 but the market is converting so we could see a pump continuation.
Note
The wicks are one of the indication of declines, we cannot conclude on the trend direction, but our profit generation session is in let's see what the market has in store for us.Note
Hello All and welcome back, so as i said yesterday if only we had moved or pumped to breaking level $1937-40 then it would have clearly been a good pump continuation but since we didn't this brings us back to our previous concern the waterfall.We are all bullish for now i can as well see $1933- 40 before we conclude on what we should expect next,the idea remains the same once we see $1933-40 only there and then we'll be able to see what to expect.
Until then do wish you all a wonderful trading day!
Note
Good Morning Team , EID MUBARAK to my Muslim brothers and sisters, sorry i left you guys hanging but as you all know there is time for trading and there is and should or in other words must be time for family and friends.I hope ya'll had an amazing EID CELEBRATIONS, hope you all enjoyed with your family , friends and most importantly the orphans, needy the poor and the sick, welcome back and remember it has always been about sharing , the whole of this journey has been about sharing and caring for one another.
We should learn to share the little that we have and GOD (ALLAH) will always add you more, We should learn to care and love one another, we should all be united for one purpose only and that is worship ALLAH (GOD) the AL-MIGHTY.
LONG STORY SHORT I NEVER WISHED YOU THE HAPPY EID CELEBRATIONS and i know it's not late!
So as i indicated towards the start of this week, we expected some strong waving , we had our shots and for those who managed to secure profits congrats for those who didn't manage today is our day for the take.
As expected we were to see a pump to $1933-40 which was seen according to my chart, we did hit $1930 instead of $1933-40 and then had our waterfall as anticipated , $1930 was taken possibly on Tuesday at 12.00 and then the waterfall which was yesterday on 29th (Thursday) which took down $1892 at around 13.00.
So today we seem bullish i expect us to attain $1924-30 first whereby the pump will then convert and have a major fall to at least $1879, all this being said, we are having our pump first test mainly $1924 -25 then we could see the start of our fall and remember it's not necessarily it happens for the fall to be seen today, this means we could as well see it next week, for today let's all look into the pump.
Today i'm fully committed so expect updates as the market unfolds.
Note
Get ready guys we about to experience our pump!Note
As i told you we going up , anyways guys please note once we attain $1924-30 please collect anything left and log out, i may not have access to trading view in 2- 3 hours so, i'm sure $1924 is a good stop.Trade active
and we are active as indicated in the morning.
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