BlueberryMarkets
Long

VIDEO ANALYSIS: COULD GOLD BOUNCE?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
In this video update, we take a look at gold as we may have seen a false breakout at a key demand zone .
The 4hr chart is highlighting a potential double bottom pattern and if price closes back within the previous
candlestick range we could look for Gold to push higher towards $1300 again. This is an aggressive outlook
as Gold is bearish currently and the sentiment is down, but a reversal trade could form here.
Its going up now. Good analysis
+1 Reply
@potdee, thanks, hopefully, it can form higher highs on the 1hr chart.
Reply
I SAW MANY ANALYSTS STARTED GIVING BEARISH ON GOLD BUT I LIKE YOUR SUGGESTION IS PRACTICAL ITS SUPERB
+1 Reply
@bluefox, thanks for the feedback!
Reply
that could be a massive bear trap and market likes massive things :)
+4 Reply
Congratulation burakpadir
@burakpadir, like your comment <3
+3 Reply
@burakpadir, I like this comment too! lol thanks for the feedback, I expect it to be a bear trap too.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out