EagleEyeStrategy

Profitable gold trading signals

EagleEyeStrategy Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Today's signal is to short gold. The resistance level marked in the figure is near 1986. When gold arrives here, it is obviously blocked. The US market falls first and then rises. Our short trading completes the take profit.

At present, gold has broken through the resistance near 1986 and completed a support backtest. As can be seen from the 2h and 3h charts, the counterattack power of the bulls has not been released, and it is expected that it will continue to rise in the future. At the resistance level, we first pay attention to the first line of 1990-1995, focusing on 1998. At present, the bulls can continue to hold, if they touch 1995 and do not break, you can close the position first and observe the 1988-1986 support. If the support is effective, you can continue to go long, and continue to pay attention to the first line of resistance of 1995-1998.

The 1D pattern is still short at present. If you want to complete the trend reversal, you need to break through the 2008 line and stabilize above it. If not, gold will still fall again after rebounding.

Trade active
Trade active:
Gold stepped back on the 1988-1986 support, the current support still exists, and the strong support is near 1984
Trade active:
1990 sell tp 1987
Comment:
tp
Trade active
Comment:
This week's earnings target is more than 200%, and it is in progress. If you want to get more trading signals, you can come to me.
Trade active
Trade active:
This week's earnings target is more than 200%, and it is in progress. If you want to get more trading signals, you can come to me.
Trade active
Trade active
Trade active
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.