Kestay The GOLD Miner

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08/01/2024

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Bullls showing glints of stabilization efforts here, holding above that critical 1920 support level on the daily chart. ...
06/09/2023

Bullls showing glints of stabilization efforts here, holding above that critical 1920 support level on the daily chart. Let me evaluate:

- Hourly signals turning flat, hinting potential momentum shift as selling dries up.

- 15m finally curling higher off lows, early signs of positive divergence developing.

- Daily structure still firm above the 21ema/1920s for now on key timeframe.

Seeing as how we've successfully rebounded from near-term make-or-break support, I've added modestly to my existing long positions on this bounce. Targeting a revisit of 1930s for now.

Stops moved up to 1922 to provide sufficient downside cushion given daily structure's importance.

Bull case hinges on maintaining that support zone - expecting further buy-side interest there on any weakness.

Ideally want to see a bullish hourly closure to fully flip near-term perspectives back in buyer's direction. Still viewing this with cautious upside bias for now based on the evolving market structure.

Well, buyers are making another push back above 1940 here. Let me analyze the latest move:- Hourly signals curled up ver...
01/09/2023

Well, buyers are making another push back above 1940 here. Let me analyze the latest move:

- Hourly signals curled up very slightly on this bounce. Still mixed overall.

- Daily timeframes holding above key short-term moving averages.

- Volume stayed relatively muted, perhaps capping further upside potential for now.

Given the mixed picture, I'm not rushing back in long just yet. My view remains cautiously neutral between recent highs/lows until clearer directional cues emerge.

That said, with daily support proving resilient so far, my bias would start tilting bullish again on a sustained hourly close back above 1945 resistance.

This could spark another run at retesting 1950 in the near term. I'll be watching how this current bounce plays out over the next few hours.

For now, no new positions. But keeping a close eye on the 1942-1945 zone as an area of potential interest to redeploy capital should strengths coalesce once more.

patience required in tight range - trends won't be force, they'll reveal themselves through market structure and signals in due course. Being selective here.

We're continuing to consolidate within this tight range finding support again at 1940. Let me update:- Hourly chart ling...
31/08/2023

We're continuing to consolidate within this tight range finding support again at 1940. Let me update:

- Hourly chart lingers bearishly configured, needs a bounce to flip signals

- M15 holds between recent lows/highs producing indecision bars

- Daily timeframe still technically trending but seeing expanding volatility

At this stage with little conviction on either side short-term, I've reduced my position size. My core longs remain with stops tightened at break-even.

Resumption of the broader uptrend ultimately hinges on holiding 1940/1930 support zone on the daily.

For now patience is key - waiting to see how this range plays out over the next couple sessions. Need either bullish reversal candle(s) to form above 1945 or clean break of supports.

Until then it's a market of buyers and sellers fighting for control between familiar levels. I'll remain flat and look for lower-risk setups to lean in once directional opportunity arises again. Cautious neutral for now.

Scalping technique!
10/08/2023

Scalping technique!

BUY! BUY! BUY! 💰
08/08/2023

BUY! BUY! BUY! 💰

Market closed at 1942 with a profit 📈. See you on Monday
05/08/2023

Market closed at 1942 with a profit 📈. See you on Monday

My good friends! Gold price has weakened. Exit Buy position till further notice!!!
04/08/2023

My good friends!
Gold price has weakened. Exit Buy position till further notice!!!

TODAY as we close this week's Trade!
04/08/2023

TODAY as we close this week's Trade!

Buy Buy Buy! 💰
03/08/2023

Buy Buy Buy! 💰

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