Gold Forecast (March 13, 2021): In The Plan
Remember: Money is earned from the moment we analyze, forecast and wait. Let's look back and prepare for the things to come.
Overall view: Week chart
The 1678 catch was prepared 1 week earlier: Convergence of the previous supply-demand zone + Bullish trend line of the gold price chart for over 2 years.
This BUY order is worth the bet. Either break even, or win a little... This could even be the bottom zone of 2021.
Do I have too much confidence? Maybe... But each one has their own view. Right or wrong will be answered by the profit. You make money - ok - you're right. You lose money - wrong – shut up - To be Continued.
3 gold price scenarios: Daily chart
Scenario 1: Return to the 173x - 174x zone and then fall again (Probability: 30%)
It is to fall back down, create a bottom, not collapse and "go far away". I expect the gold price to create a bottom in the 1740 - 1700 zone. Then it goes up again - 1 BUY cycle will appear continuously.
Scenario 2: A slight adjustment at 174x and then increase sharply to 176x (Probability: 50%)
This is the 1000-pip order I mentioned many times before. If the market follows this scenario, congratulations to all of us. We win completely!
Scenario 3: Fall back strongly to 168x (Probability: 20%)
This possibility is low. Simply because I’m placing BUY orders and wait for the chance to BUY more. So I leave the probability low for this scenario.
USDindex
DXY Forecast: Decrease to 91,000.
Subjective
Only trade when we have a winning zone and enter orders when the winning probability is high enough. This is what I repeat so many times in each of my posts.
This round is very standard. BUY when the price is below 1700 (Especially orders at the 1678). Take profit 2 times at the 171x and 173x zones. Hold the remaining 1/3 to observe the market and wait to BUY more.
We’ll continue in the next week!
Overall view: Week chart
The 1678 catch was prepared 1 week earlier: Convergence of the previous supply-demand zone + Bullish trend line of the gold price chart for over 2 years.
This BUY order is worth the bet. Either break even, or win a little... This could even be the bottom zone of 2021.
Do I have too much confidence? Maybe... But each one has their own view. Right or wrong will be answered by the profit. You make money - ok - you're right. You lose money - wrong – shut up - To be Continued.
3 gold price scenarios: Daily chart
Scenario 1: Return to the 173x - 174x zone and then fall again (Probability: 30%)
It is to fall back down, create a bottom, not collapse and "go far away". I expect the gold price to create a bottom in the 1740 - 1700 zone. Then it goes up again - 1 BUY cycle will appear continuously.
Scenario 2: A slight adjustment at 174x and then increase sharply to 176x (Probability: 50%)
This is the 1000-pip order I mentioned many times before. If the market follows this scenario, congratulations to all of us. We win completely!
Scenario 3: Fall back strongly to 168x (Probability: 20%)
This possibility is low. Simply because I’m placing BUY orders and wait for the chance to BUY more. So I leave the probability low for this scenario.
USDindex
DXY Forecast: Decrease to 91,000.
Subjective
Only trade when we have a winning zone and enter orders when the winning probability is high enough. This is what I repeat so many times in each of my posts.
This round is very standard. BUY when the price is below 1700 (Especially orders at the 1678). Take profit 2 times at the 171x and 173x zones. Hold the remaining 1/3 to observe the market and wait to BUY more.
We’ll continue in the next week!
Profile tác giả: giavangvietnam.com/gioi-thieu-khoa-hoc-trading-gold
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Học Vĩ Mô: phanhieuky.com/prohack-money/
Telegram kiến thức: t.me/jqkaforexacademy
Zalo: zalo.me/g/zvamcs966
Học Vĩ Mô: phanhieuky.com/prohack-money/
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