PersaGold

PersaGold Updated 

As illustrated, I try to visualize what the next bullish impulse could look like if price holds 3300 as a key psychological and algorithmic price level. Illustrated are the potential buy areas (a current one and an extended one in case a pullback occurs to manipulate lower levels in the next 24-48 hours). This projection, if valid, could hold from now until...

PersaGold

First of all, I'm getting into the field of other players and trying to call their type of shots. I don't intend to come across as ignorant when it comes to this market, since I only trade gold and I have seen FOREX traders try to predict gold and get it completely wrong. I have NO ARGUMENTS WHATSOEVER with which I could back this PREDICTION up; NOT...

PersaGold

As illustrated, I'm trying to visualize how a potential continuation impulse could look like during " Bullish July " and toward the end of the year (depending on how aggressive buyers step in; specially central banks and institutions). As you can see on this Daily chart, price respected a long term trend line + is forming higher lows, funneling into a shorter...

PersaGold

As illustrated, price has broken out of an important 4H and 1D trend line that had kept price bearish since the beginning of the month. Yesterday, gold made its way to a ket resistance level and broke it, CLOSING above it in the 4H timeframe, which is a key sign that bulls are back. An interesting sign is that price bounced from the 61.8 - 67% retracement of...

PersaGold

As illustrated, Im trying to visualize what a potential bull run could look like starting from what seems to be a "bullish signature" move by gold: a diagonal double bottom. Don't believe me; go back in time and study how gold makes bottoms and how new bull runs start. The fact that it was NY that manipulated BOTH times and got the best price, is a strong...

PersaGold Updated 

As illustrated, I’m visualising the next potential bullish continuation impulse that would take gold near the $4000 projected price. In this idea, the path projected is based on the breakout of a rising symmetrical triangle that price formed; a strong bullish pattern that tends to be very effective when price successfully breaks out with strength. On a...

PersaGold

As illustrated, Im trying to visualize the beginning of the next impulse toward $4,000 This is an intraday - swing trade opportunity to 1H highs; however, it would be just the first move toward a longer term path to ATH above $3,500 Ride this wave as you can, but know that the yellow metal still has a lot of strength and power to continue growing. June might...

PersaGold

As illustrated, I'm trying to visualize what the next couple of weeks could look like. Taking into consideration the fact that May + June are corrective months for gold historically (don't believe me; check the seasonality tool...) , Is likely for price to range up and down within quite a wide range anywhere between 3300 and 3100 before it enters a bullish...

PersaGold Updated 

As illustrated, I'm visualizing what the next impulsive wave could look like. Price has broken out of a major daily trend line. It makes sense for the week to have started trading lower to find it's low and potentially bounce with strength sometime this coming up week and into the next. The next pivot area is between the $82,000 - $80,000 range based on...

PersaGold

As illustrated, I'm trying to visualize a brief pull back next week making the low of the week early into Monday. Potentially ASIA making the week's low on Monday's open. I was able to visualize the path to 3200, and showed in a past idea how 3200 COULD HOLD as support ... so I wouldn't be surprised if price doesn't even get to 3100, although it could very...

PersaGold

Possible extended correction. Be cautious, be patient. SECURE PROFITS. - GOOD LUCK

PersaGold

Price is likely to re-test NY's lunch break range and grab liquidity below the 13:30PM NY EST low. Asia should distribute strongly toward new ATHs and London would likely retest current resistance levels and bounce as well. NY might enter at fest highs to create yet another manipulation to the downside to grab a discount price level. I'm expecting price to...

PersaGold

Classic bullish continuation pattern. Expect accumulation phases along the way, BUT NOT retracements. Good luck

PersaGold

As illustrated, Im visualizing a strong beginning to a historical bullish MARCH. On average in 15, 10, and 5 years, MARCH has been mostly bullish. To anticipate a bullish march, FEB must make sense and leave a few clues that could indicate a healthy setup for a potential buy opportunity. In this case, FEB made a natural correction toward the end of the month...

PersaGold

As illustrated, Im trying to visualize what could have been a bear trap. Price actually consolidated at the ATH level, instead of selling off like it has done in the past when liquidating massively... That behavior goes against "usual" patterns of selling, which leads me to believe that the obvious won't be that easy. Until the market proofs otherwise, I...

PersaGold

As illustrated, Im trying to visualize a falling wedge pattern into the 50% retracement of Monday's impulsive push, for what could be a potential buy point to continue the uptrend. Nothing to get fancy about. This is just a chart analysis based on a potential corrective pattern that could take place within the next 24 hours and into tomorrow's NY session. It...

PersaGold

As illustrated, I'm trying to visualize a potential rebound off of the 100SMA that matches the resistance line of what looks to be an ascending triangle that has been broken and retested. Price is showing support at such line that happens to overlap with the 100SMA. I might be "wanting to see" bullishness in the market, but you be the judge of these...

PersaGold

As illustrated, Im visualizing the continuation impulsive move, where price respects SYDNEY'S range as a PIVOT AREA for entry to a new expansive cycle. 1H candles must respect the major support where market has grabbed liquidity. And also close bullish with strength during ASIA's session, indicating their intentions of buying. London would and should follow...