Technician

Gold: The Big Picture and Key Levels

FX:XAUUSD   Gold/U.S. Dollar
1437 12 26
Takeaway: Bullish confirmation above 1330 resistance, will probably clear the way at least to 1385 then 1430 major resistance of the overall sideways range.

Note that this is not an expectation, I dont expect, I act on technical developments therefore, if i witness a bearish signal at this key resistance area , i would be happy to short it. A break above 1330 will be a bullish signal and i will look to long.

Best of luck, join me at : https://twitter.com/thefxchannel
My trading channel https://telegram.me/technician_forex_trades
kmk.msp
2 years ago
nice observation. when you will take short?
Reply
Technician TOP kmk.msp
2 years ago
Thanks, I usually build my trades from the higher to the lower time interval, so i will wait to see some bearish developments over the daily to four-hour charts to initiate a trade.
Reply
kmk.msp Technician
2 years ago
thanks. hope you will share your open position...
Reply
Ansari
2 years ago
thanks,very good.
Reply
2.5 Divergences. That's what we like to see
Reply
I really appreciate what you have done for friends
Reply
thank you please you will share your open position
Reply
Technician TOP manijeh.kazemi.33
2 years ago
Thanks mate, Ill do my best to share my trades.
Reply
timwest PRO
2 years ago
Nice chart. Nice setup either way, long or short. Well done.
Reply
djflowmaster
2 years ago
Nice chart! Agree that it is def in a trading range right now. Long or short.....those are good levels to observe for direction.
Reply
TucKinetti
2 years ago
what is the trade idea for Gold now at 1,300?
Reply
najibmulik TucKinetti
2 years ago
Technician is on leave for a month....
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out