Re: Hmm, what's going to happen with GOLD?

2413
BeatlemaniaSA wrote: Tue Sep 19, 2023 6:58 pm
thanks to pivots it was ridiculously simple up to here but now we run into major resistance (as can be seen on your chart)
monthly: triple top + falling momentum
weekly: range + falling momentum
daily: lower high + higher low (indecision, with an overall down bias)
H4: a very nice and clear move up but no HH
H1: the moves up are getting shorter
All in all: my bias might change to down soon (but anything can happen)
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Re: Hmm, what's going to happen with GOLD?

2414
josi wrote: Tue Sep 19, 2023 7:15 pm thanks to pivots it was ridiculously simple up to here but now we run into major resistance (as can be seen on your chart)
monthly: triple top + falling momentum
weekly: range + falling momentum
daily: lower high + higher low (indecision, with an overall down bias)
H4: a very nice and clear move up but no HH
H1: the moves up are getting shorter
All in all: my bias might change to down soon (but anything can happen)
Image
Cool that everyone has a completely different way of seeing the charts and the indicators they use. All to achieve the same result. Profitability! :D
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Re: Hmm, what's going to happen with GOLD?

2415
josi wrote: Tue Sep 19, 2023 7:15 pm thanks to pivots it was ridiculously simple up to here but now we run into major resistance (as can be seen on your chart)
monthly: triple top + falling momentum
weekly: range + falling momentum
daily: lower high + higher low (indecision, with an overall down bias)
H4: a very nice and clear move up but no HH
H1: the moves up are getting shorter
All in all: my bias might change to down soon (but anything can happen)
Image
Structure's been broken on H1, so we good for finding sells setups right? …sitting on my hands for now though waiting for a little pullback and then some few down moves...


Re: Hmm, what's going to happen with GOLD?

2416
maroka wrote: Wed Sep 20, 2023 11:17 am Structure's been broken on H1, so we good for finding sells setups right?
This is Beatle's thread + and Beatle's system, so I won't bore you with another screenshot but I think:
Yesterday (news) we have seen a climax in the upward move
and directly afterwards a new LL was established (look at H 4) -
(you people call it a CHoS but it is really the same thing)
IF we see a a LH next, then my expectations would change to downward bias (basically what we have seen on USOIL on H1 in the last two days).
The IF tells you that I might be totally wrong...
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Beatle's ATS 5 (New Grey Template)

2420
Hi guys,

Here is my latest template incorporating ATS 5 which was recently shared on the forum here ATS v5 and Luxalgo's now freely available SMC indicator :)

Beatle's ATS 5 (Grey):
Screenshot:


And for those that like a bit of colour on their charts



Make those PIP$ and most importantly have FUN when trading!

Warmest regards,
BeatlemaniaSA
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