In this May 14, 2020 video, Vladimir Ribakov of Traders Academy Club returns after a pandemic‑induced hiatus to present a day‑trading idea focused on gold. He greets viewers, invites them to subscribe, join his trading club and Telegram channel, and then delivers a detailed technical analysis. Ribakov highlights gold’s sustained bullish trend, citing higher highs and higher lows, 200‑period moving average support, and a developing triangle breakout. He explains three momentum waves, consolidation phases, and the importance of the triangle’s critical zone. He notes RSI breaking its resistance, a bullish trend line, and MACD crossing into positive territory on both 4‑hour and 1‑hour charts, with no divergence. Ribakov stresses that the bullish outlook hinges on the price staying above the triangle’s low; a break below would invalidate the view. He concludes by asking viewers for their opinions, encouraging likes and feedback, and wishing them a safe weekend.
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Hi guys, how are you? Vladimir Bakov here from Traders Academy Club, and this video is a forex day trading idea. Today we are on 14th of May 2020. As you probably know, on the last period after all this coronavirus started and all the changes we all had to go through, it takes time to adjust and to rebuild a new rhythm in a new environment, so I had to stop uploading these videos. But I hope now things will start to be again available and more flexible, so I decided why not to do something that I love and I hope that contribute to the community. Uh, if you are watching us for the first time, first of all, welcome to our community. I would like to invite you to subscribe to the channel, just follow the subscribe button below the video, to join our trading club and Traders Academy club, and to join our free Telegram channel where you will be exposed to interesting educational trading ideas and articles and videos on daily basis. The links to join Both the club and the Telegram are below this video in the description or in the pinned comment in the comment section. So what is, uh, here for today, uh, a very interesting view is the gold, which as we all see maintains a bullish run here. Pretty convincing higher highs, higher lows for the longer term. The 200 moving averages Speaking for itself, the run is there, and the current wave is also in the continuation of the bullish momentum that we've been going through. So what do we have here? We have this triangle breakout, the break attempts to be happening now, and on the lower time frame, this all comes in trending Condition. So we are gaining here the momentum in three gain momentum waves. Then we are going into the consolidation. Each of the legs would broken into inner waves, which is exactly what we want to see in such in such ranges pattern. And we it looks like we are facing the breakout. RSI also is breaking through, as you can see. The resistance zone that it had, and developing some momentum. So the way I see that also the breakout creates trending structure by making higher highs, higher lows. So the way I see that as long as this area, the critical area of the meeting of this triangle holds, and we do not go below the lows, right? Because that would be invalidate the bullish view. But as long as it didn't happen, I would expect the gold to push it higher. Another very interesting fact to pay attention to here is that, well, first of all, as mentioned, that's a beautiful trend line, right, that creates the higher highs in this momentum. But also pay attention to what's happening in the MACD. We are gaining the momentum by crossing to the positive zone on the 4-hour, on the 1-hour as well, and that there is no divergence currently in, uh, in this gaining momentum rally. Uh, so it does have the, um, well, let's say indication confirmation. The question is if, again, if it's not just a fake rally, because many times, um, triangles that are in a very After a very deep move, that they provide some fake signs. So that's why the invalidation is very, very important here. And we have the this triangle pattern and the trend line. As long as this zone will survive, the the bullish power might be real. So the way I see that is bullish. Let me know what do you think about the gold? Are you bullish? Are you bearish? And what's your expectations? And also, if you find this video or such videos helpful, please show your support back. Hit the like button, drop some feedback below, and your support is very much appreciated. And until then, until the next time and the next video, I would like to wish you a great day. Stay safe, be well, and best to you and yours. And happy weekend! It's a weekend coming soon. So I wish you a very good time and thank you for watching. I'll see you soon with other videos. Yours, Vladimir Ribakov, Traders Academy Club.
