I've been in the Forex market for 14 years. It's my passion. I love helping and teaching those who want to. I've been with my broker for over 10 years. https://ic.com/open-trading-account/live/?camp=11111 I recommend being patient and persevering, and studying market movements every day. I particularly like trading with robots that have SL, TP, and TS. If they have TS, it's no longer necessary to set the TP, but it does apply. Success in Forex: Working transparently makes money. What we are doing is with Trading Central AI and Tradingview that you will find in the Trading Tools in the ICM link. We trade by placing Buy Limit and Buy Stop or Sell Stop and Sell Limit orders from the Support or Resistance and Pivot point every 5 pips away to the TP announced by Trading Central IA. We are looking for an intermediate TP to avoid a price correction.
We don't use telegram as there are a lot of scammers.
Gold Intraday: continuation of the rebound.
Target level found at
4,770
Pivot level found at
4,690
Support level found at
4,657
Our preference
Long positions above 4690 with targets at 4740 & 4770 in extension.
Alternative scenario
Below 4690 look for further downside with 4657 & 4635 as targets.
Comment
The RSI calls for a rebound.
Gold Intraday: intraday support around 4790.
Target level found at
4,855
Pivot level found at
4,790
Support level found at
4,767
Our preference
Long positions above 4790 with targets at 4835 & 4855 in extension.
Alternative scenario
Below 4790 look for further downside with 4767 & 4735 as targets.
Comment Even though a continuation of the consolidation
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I've been in the Forex market for 14 years. It's my passion. I love helping and teaching those who want to. I've been with my broker for over 10 years. https://icmarkets.com/?camp=11111. I recommend being patient and persevering, and studying market movements every day.
I particularly like trading with robots that have SL, TP, and TS. If they have TS, it's no longer necessary to set the TP, but it does apply.
Success in Forex: Working transparently makes money. What we are doing is with Trading Central AI and Tradingview that you will find in the Trading Tools in the ICM link. We trade by placing Buy Limit and Buy Stop or Sell Stop and Sell Limit orders from the Support or Resistance and Pivot point every 5 pips away to the TP announced by Trading Central IA. We are looking for an intermediate TP to avoid a price correction.
We don't use telegram as there are a lot of scammers.
Gold Intraday: target 4765.
Target level found at
4,735
Pivot level found at
4,815
Resistance level found at
4,835
Our preference
Short positions below 4815 with targets at 4765 & 4735 in extension.
Alternative scenario
Above 4815 look for further upside with 4835 & 4855 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.
Gold Intraday: under pressure.
Target level found at
4,740
Pivot level found at
4,807
Resistance level found at
4,833
Our preference
Short positions below 4807 with targets at 4755 & 4740 in extension.
Alternative scenario
Above 4807 look for further upside with 4833 & 4853 as targets.
Comment
The RSI is bearish and calls for further downside.
Gold Intraday: under pressure.
Target level found at
4,740
Pivot level found at
4,807
Resistance level found at
4,833
Our preference
Short positions below 4807 with targets at 4755 & 4740 in extension.
Alternative scenario
Above 4807 look for further upside with 4833 & 4853 as targets.
Comment
The RSI is bearish and calls for further downside.
Gold Intraday: expect 4870.
Target level found at
4,870
Pivot level found at
4,785
Support level found at
4,755
Our preference
Long positions above 4785 with targets at 4850 & 4870 in extension.
Alternative scenario
Below 4785 look for further downside with 4755 & 4735 as targets.
Comment
The RSI is bullish and calls for further advance.