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Technical analysis & Trading insights CFDs Gold, Crypto, Forex, Stocks and Indices Full-time trader/Markets analyst Based in Los Angeles, CA Contact @Gold_Cartel

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GoldCartel

My client's last signal

We planned to buy at 1895-1900; it's the safest price to trade. I thought it would retest the bottom pennant one more time, but the market kept climbing.

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GoldCartel

Here's one of my new clients; she started the analysis service on January 5, 2023

Starting capital was $8k, and today January 18, 2023, the balance is near $24k

She trades less and is disciplined.

The key is, don't over-trading. If you get the best entry price, you can hold to the trade, take profit partially, and scalp in between if possible.

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GoldCartel

This week my clients only trade the same signal, rinse and repeat.

Sometimes, you don’t need to keep switching sides. Stick to the plan, less trade, best entry price.

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GoldCartel

Maybe this

https://www.marketwatch.com/amp/story/coinbase-to-close-operations-in-japan-in-february-11674038620

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GoldCartel

If the fundamental support the price action, it can fall BELOW ZERO

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GoldCartel

XAUUSD

Confirmed it's a golden cross. The safest way to trade this kind of market is needing to wait where the next support will be. Currently, there's no new support level.

But I predict the new support at 1910-1875 area.

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GoldCartel

Maybe 1875 area this month

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GoldCartel

My client’s signals

They have been trading the same signals. Rinse and repeat.

So far, so good. Let's see if it can break 1900-1920 or not

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GoldCartel

Bitcoin Diehard fans

I meet this kind of person every day. Usually, they give comments/trolls when bitcoin spikes a bit; they have an unrealistic idea without proof of analysis that bitcoin will go up to 89k and beyond 100k, but when bitcoin falls, they stay quiet. They never share charts.

Keep in mind that in the market, we can make money on both sides, either short or long; maybe this kind of people only can trade one way; they don’t know how to short, and that’s why they have that kind of characteristic.

When the price was at 67k and 55k, I predicted a Bitcoin crash; nobody believed me then; they said 150k was the target. Just FYI, those people are still buying and trolling. Maybe no money involved, that's why they claim they keep buying with imagination money in their dream.

My Bitcoin analysis remains the same and focusing on the yellow line.

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GoldCartel

Yikes! My chart shows that there will be a cryptos breaking news this month.

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GoldCartel

watch, this guy Powell will say things as ambiguous as possible

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GoldCartel

Maybe it will retest 1895-1900

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GoldCartel

Again, someone is hacking my computer. I can't access all my trading stations. I only can use my cellphone

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GoldCartel

Madoff's new show just out on Netflix

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GoldCartel

My client's last trades of this week

BUY ZONE 1840-45, target 1850, Target hit

Then SELL 1850, target 1845-40, Target hit

Then RE ENTER BUY 1840-45, target 1850 and maybe 1860 and above, target hit so far

Rinse and repeat! It's not an easy trades, most clients got a good profit, some got trapped because of trading experience. But it's almost a PERFECT ANALYSIS

Have a great weekend !

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GoldCartel

Crazy Gold ! Last minute new high !!

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GoldCartel

Tips:

Not all my clients successful in the trade even tho they all get the same analysis/signals from me.

25% Clients very profitable
10% Clients breakeven
65% Clients losing money

The main issues why 65% clients losing money is because over trading, they enter the trade at random price, they keep switching sides buy and sell in short period of time, and they don't want to pause trading to wait for the best price to enter the trade.

25% clients very profitable, each clients has the same characteristic which they trade less, and discipline waiting for the right moment to trade.

And the other factor is Timezone and busy at work or sleep.

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GoldCartel

https://www.cnbc.com/amp/2022/12/20/bitcoin-miner-core-scientific-filing-for-bankruptcy-will-keep-mining.html

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GoldCartel

The retest of weekly death cross at 22k-24k area

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GoldCartel

BTC

Potential Death cross, maybe next week or two. Yes, death cross, ZERO

https://www.tradingview.com/x/GbYBGACn/

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GoldCartel

DO NOT STUPIDLY BLINDLY TRADE MY PREDICTION!! I ONLY GUIDE MY CLIENTS !

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GoldCartel

DXY

So far death cross and breaks the trendline. Let's see if this a fake out or not. As of now, I think it will retest 101.2

https://www.tradingview.com/x/IZ2blo2Y/

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GoldCartel

Let's see if this month rejects or breaks above this yellow line

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GoldCartel

This yellow line will decide Bitcoin's future. If you're a short seller, that yellow line can give you a fortune. Let's see if it break or reject that line

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GoldCartel

https://www.forbes.com/sites/javierpaz/2023/01/10/binance-is-bleeding-assets-12-billion-gone-in-less-than-60-days/?sh=1a93f60853c3

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GoldCartel

Don't trade blindly, bad price to go long

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GoldCartel

XAUUSD Weekly time frame

If gold rejects this 4 years trendline, it can fall really deep to 1450

If gold breaks above this 4 years trendline, it will make a triple top at 2050 area

This chart is not for day trading, it's based on the weekly time frame.

https://www.tradingview.com/x/42trHALK/

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GoldCartel

The safest way is to wait. I don’t know if it will break or reject 1875-80.

But what I know for sure DXY has to fall to 102 sooner or later

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GoldCartel

Finally XAUUSD reached 1875-80 zone !

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GoldCartel

https://www.theverge.com/2023/1/4/23539863/sony-honda-electric-vehicle-afeela-ces-reveal-photos

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