GOLD: fall after consolidation Short

Gold / U.S. DollarFOREX.com

Description

⋅ Jul 26, 2021 9:34 AM

The price made a false breakout of the strong level formed from August 2020. I look forward to a fall after consolidation below the level. The target I'm interested in is support level 1764

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

Comments

Tradersweekly

⋅ Jul 26, 2021 9:41 AM

I am bullish and my closest price target is 1850 USD per ounce. You have been bearish for 3 months now and missed all your targets. Not cool.

qys450393

⋅ Jul 26, 2021 10:17 AM

For the last time, gold touches the rising trend at 1812.40 and then retreated to 1797.60

cetradingdx

⋅ Jul 26, 2021 9:47 AM

Expect the price to rise to 1836 levels within a day or two. delta variant and fear in stick market will lead it.

1836 level rejection and FOMC's indication of tapering in a month will cause the drop which will be your target area of 1860's...

ForexTrendline

⋅ Jul 26, 2021 6:50 PM

awesome analysis, keep up the good work! Here's our view on gold

qys450393

⋅ Jul 26, 2021 4:40 PM

The analysis has been achieved, as the price has reached 1811.7, and prices have also fallen to 1796.6, as I expected

SignalProvider

⋅ Jul 26, 2021 11:53 PM

I would be selling from this resistance
great job

UnitedSignals

⋅ Jul 26, 2021 10:48 PM

Thank you for the detailed review!

TradingAlchemist

⋅ Jul 26, 2021 8:10 PM

I drew attention to the market sentiment, in addition to technical analysis, and I will say that XAUUSD will definitely go down to 1797.46000

UnknownUnicorn15614419

⋅ Jul 26, 2021 5:51 PM

Why did you decide that XAUUSD from 1798.83000 will go to fall?

qys450393

⋅ Jul 26, 2021 5:33 PM

Tomorrow we have another chance to sell at the price 1805.5 and we have a purchase of 1792.3 that might be a good idea.