Firstly, welcome back! Hope everyone is well and had an amazing holiday and New Year’s, as I know I had! This year should be amazing, I have taken new students, will be looking to take more soon so keep the applications coming!

I am planning to add cryptocurrency analysis, as that is what I am investing in and I will only show analysis on everything I put my money into. In addition, I promise this year some time I will be releasing my in-depth PDF 2.0!


Upcoming USD News:

  • Wednesday
    • Crude Oil Inventories
      • Previous: -7.4M
  • Thursday
    • PPI m/m
      • Previous: 0.4%
      • Forecast: 0.2%
  • Friday
    • CPI m/m
      • Previous: 0.4%
      • Forecast: 0.2%
    • Core CPI m/m
      • Previous: 0.1%:
      • Forecast: 0.2%
    • Core Retail Sales m/m
      • Previous: 1.0%
      • Forecast: 0.4%
    • Retail Sales m/m
      • Previous: 0.8%
      • Forecast: 0.5%

Monthly: Gold also shows a possible move up after closing bullish and rejecting a broken resistance to support + showing a breaking of the bullish flag.

Gold Monthly.PNG

Weekly: Weekly closed extremely bullish, seeing no signs on exhaustion and constantly creating higher lowers, we are most likely to create a wick downside to continue higher.

Gold Weekly.PNG

Daily: We are ranging between 1323 and 1312, we will break out and whichever way we break out we will continue to the next zone. I see more downside to retest the broken resistance at 1295 as we need to respect market structure and create a higher low. I closed my positions from 1258 for that exact reason.

Gold Daily.PNG

H4: Here you can see we are resisting and don’t have enough liquidity to break out of the resistance. I see a possible H&S to form which will be shown in the prediction. Just be patient and watch market structure, NFP just came out and we need time to see what market structure wants to do.

Gold H4.PNG


Overall Gold Analysis

Gold + USDJPY are moving the same way, 1 is a lying whore, we must wait and see who is lying and see where we will go.


Predicted Movement:

Gold Prediction

All options all possible, I see a H&S but we have to wait and see if it plays out. I am taking a short as soon as market opens as it gives me a minimum 2:1 RR to the H&S neckline where I always take all profits!

 

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