Gold daily plan and analysis

[Skoljkica]

1.6.2021.

Good day to all.
D1 is still in sell mode, H4 stretched in buy.
I will short at 1914.32, waiting for one more push up, possibly to 1919.76

Target is 1888.48 where price will fulfill its daily range.

SL 1919.76

Support points on the way down are
1910.43
1902.14
1896.83

 

[Skoljkica]

I have a small pending scalp buy at 1910.43 with TP 1919.76 where I will look for short.
Very risky trade, but let's have some fun.

Note: my main goal is still shorting

 

[Skoljkica]

Stopped with this buy. There is no point in buying if my main goal is sell, so I added in sell at 1907.88
Lesson is to stick with the plan.
If price goes more up I will still look for a better entry for short according to plan above.
Good luck.

 

[Skoljkica]

2.6.2021.

My target is still 1888.48
For now sell is at 1896.83

I'm looking for a better entry at 1901.55/1903.04 or even 1907.88

Note: price could also go down to 1881.60/1878.85 until the end of the day.

 

[Skoljkica]

Order at 1896.83 is in the play.
TP1 1892.88
TP2 1888.48
SL 1902.00

 

[Mila2710]

SL hit

 

[Skoljkica]

SL hit

Yes, new pending entry at 1903.04, but price can go more up to 1907.88/1910.43
Targets are the same.

 

[Skoljkica]

3.6.2021.

1888.48 is on the way, according to the plan. It is possible for price to go down to 1881.60 as well. I also see 1872.85 as a SL eraser.

Pending buy at 1888.48 with TP 1896.83/1903.04

If H4 stays in sell mode I will short at 1896.83/1903.04.

Note:
H4 could drive price down to 1852.77 if short, if buy up to 1954.49 during news, but that is a huge movement which is more unlikely.

Be patient, don't run for the price. There are a lot of opportunities in trading gold and everything is possible so every chance is great if used good.

 

[Skoljkica]

M15 entering sell mode, in 15 minutes should confirm it, which can push price down to 1883.96 so I will let my sell to stay.

 

[Skoljkica]

Still holding my short at 1896.83, protected order.
Let's see can 1866.38 be reached.