We correctly predicted that gold would move along the upper channel line for few days before moving higher. Yesterday gold decoupled from the upper channel line to the upside. RSI and MACD are bullish. Stochastics is also reversing to the bullish side. We expect gold to continue go higher and subsequently reach our price targets. Our short term price target of...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
29 -July - 2021 XAU USD Using MA to confirm the bullish trend on higher YF, on monthly / weekely / daily After after I know the trend I will analyse the candlesticks and formations on higher and lower TF. I see two trading ideas. If the price will be rejected from ~ 1823.524, I will be a seller but not for long time. Hit the profit and exit this...
Hey traders, here is the analysis for the XAUUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Gold started to rebound yesterday. The price has traded between 1794-1810 throughout the day until the US Fed. meeting. The day ended at 1806, up by USD 6. As mentioned at the beginning of the week, it's about time for the price to break the S-T resistance line(1). The formation of the pattern (2) confirms now, 1st target for the climb should be near 1825...
This is not an advice. This analysis is my personal opinion about Gold in the coming period. It depends also on the world economy bla bla bla and most important it is related to DXY.... I am currently long on gold. My tp is clear and ideal when you look at my chart with my indicators and simple lines. Feel free to comment or save it as reference. I wish you all...
Gold just breakout from the corrective channel, so now we'll be waiting for a retest to go long.
2 scenarios in play, looking for longs on the resictanse levels. -this is just an idea, trade safe guys
The chart shows that the gold price is in a descending trend so it's possible to rise up to around $1813 in short time (resistance) , it'll drop to around $1755 in midterm. Be cautious about economic news because the gold price analysis will be affected by these factors.
Hello traders, Gold in 1 hour frame, this analysis is prepared in 1 hour frame, but for better viewing in the 2-hour frame. In the analysis, we explained all the climb and decline of gold. In this analysis, only the scenario of gold climb specifies, for wave 2, we can count the wave c. The ascending gold is confirmed if the price first breaks the black channel and...
GOLD didn't move that much for today but also we are waiting for the FED today maybe at that time we will see a big moves for now we have downward channel 1794 is important support line the break of it will lead into 1985 for a first target then into 1775
Hello traders, the gold in the 4-hour frame, this analysis is prepared in the 4-hour frame, but has been published for better visibility in the 8-hour frame. In this analysis, I recognize all the probabilities of the previous analysis and only identified the best areas for the tread. As long as the blue trend line is not broken, I will ascend Trend. After breaking...
The 1790-95 zone acts as a serious support for price. It has been tested multiple times and every time price bounces of. A crucial moment is approaching. Tomorrow we have FED Interest rate decision and that's definitely going to affect price on gold. If we see market below the support at 1795 then we will be looking for a move down at least to 1775. It's very...
💱 Pair: AUDUSD 📊 Entry: SELL ORDER: 1801.673 📈 Target: 1782.494 📉 Stop: 1801.673
The support level of 1795.100 is really strong. Is it possible for FOMC to lower the price of gold? Since the market has made a new bottom, I see any rejection from 1795.1 as an opportunity to short.
#GOLD Price is trading in the demand zone and we got the price rejection so if you form any bullish candlestick the price possible to moving next resistance level 1807 Why we like it: price trading in demand zone waiting for Bullish Candlestick Formation Touching 50 EMA 1st Resistance: 1807 Next supply area & horizontal swing high resistance 2nd...
#GOLD Price is trading the sideways market once break the market level its will go to the next resistance level 1810 another thing market will be breaking down the level its will go to the next support level 1800 Why we like it: the market will be sideways waiting for a trend line breakout watch candle close the trend line 200EMA & 50EMA consolidating 1st...