GOLD probability to growth mantains
We mantain our last predictions, but with some other possibilities.
The probability to new highs Gold mantains.
We don't have yet confirmations to buy longs yet, but we expect that this pair can touch the ma200 daily, a support we have at 1817,54.
Until the price can be supported by the range between 1808 and 1817,54, we can preview that this pair can go above 1900.
The best place to buy can be between 1808 and 1822, with SL at 1780 and TP1 1906 TP2 1953 TP3 2000.
If Gold breaks 1808 than we can go bellow 1800, maybe to 1790 or 1763.78 Monthly support).
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
The probability to new highs Gold mantains.
We don't have yet confirmations to buy longs yet, but we expect that this pair can touch the ma200 daily, a support we have at 1817,54.
Until the price can be supported by the range between 1808 and 1817,54, we can preview that this pair can go above 1900.
The best place to buy can be between 1808 and 1822, with SL at 1780 and TP1 1906 TP2 1953 TP3 2000.
If Gold breaks 1808 than we can go bellow 1800, maybe to 1790 or 1763.78 Monthly support).
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Comment:
On Diary we still Bearish and we can go to make the double Bottom at 1764.
The doubt now is where we go to make double bottom, at 1764 (Monthly resistance) or 1817 (Ma200 TF Diary)
The doubt now is where we go to make double bottom, at 1764 (Monthly resistance) or 1817 (Ma200 TF Diary)
Trade active:
On TF weekly we have some probabilities to visit 1764 zone if 1800-1817 zone don't HOLD.
Trade active:
Last Day Closes with a red candle, John beiden takes presidence next wedneday, we can have more 2 days red, my targets will be 1808, 1790 and if 1790 not holds, can go to make a retracement at 1764, making a double bottom.
We are to begin a impulse fase from one of those 3 points to higher zone maybe near 2000.
Next monday will be holiday on EUA, 18 of January , Martin Luther King Jr. Day, markets can be more slow, with more downside.
We are to begin a impulse fase from one of those 3 points to higher zone maybe near 2000.
Next monday will be holiday on EUA, 18 of January , Martin Luther King Jr. Day, markets can be more slow, with more downside.
Trade active:
I think Gold started the uptrend, but still can go to revisit 1800, but on 1h, 4h and 10h we already see signs for the upside.
Trade active:
On 4h TF, CCI can advice for a reverse soon.
Because all other indicatores are Bearish, we can assume that Gold can go bellow making a double bottom at 1817 or 1764.
1800 is a strong resistance, and can Hold. SL must be on 1780 zone for any buys above 1800. If 1800 breaks we can go easly to 1764.
Above 1764 (Montly support, Gold still medium term bullish.