FX:XAUUSD   Gold/U.S. Dollar
16292 29 311
2 months ago
Hi Guys, gold             is in a daily consolidation. I am expecting an up move so buying the breakout seems like a good idea.


Trade with care
Thank you for your support.
2 months ago
Comment: 60 min view
snapshot
a month ago
Comment: Hi Guys this up move looks corrective so i am expecting one more down
snapshot
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FlyAngler PRO
2 months ago
thanks for sharing Anil!
+1 Reply
VirtualFax
2 months ago
Agreed
+1 Reply
ruthrajamanie
2 months ago
Oh yes, in my radar for two weeks now.. Thanks for sharing
+1 Reply
ArtFly
2 months ago
Silver the same?
+3 Reply
anilmangal TOP ArtFly
2 months ago
yes silver has a similar structure
+1 Reply
ArtFly anilmangal
2 months ago
Thank you very much,for you replay, I agree that is time for gold but in some circumstances can test level 1200...
+2 Reply
Pacorretaco
2 months ago
That's the Big Boss I know
Reply
193knieto
2 months ago
good idea! looks like your break came through
Reply
fxbruno
2 months ago
Thanks Sir, any way to get an update on cad jpy ?
Reply
anilmangal TOP fxbruno
2 months ago
CADJPY in consolidation after the breakout.
+1 Reply
danrindia
2 months ago
Any views on GBPNZD, will this GBP pairs has potential to rally from here ?
Thanks in advance.
+1 Reply
vipul999
2 months ago
Thanks sir any update in oil?
Reply
mehdi.saraee
2 months ago
When there isn’t a clear trend in one direction, the best thing is watching.
tanks for sharing
Reply
sallyhaan PRO
2 months ago
Hi Anil, thanks! Is the silver showing the same setup? Can buy XAG at break out as well?
+1 Reply
lynersen PRO
2 months ago
Hi Anil
Surely agree with you on gold and increase.
But - how do you see the low as around 1242? I see 2 levels of previous low - 1253 and 1207
Reply
anilmangal TOP lynersen
2 months ago
I use wave analysis to identify market direction and structure .
+1 Reply
NihalCassim anilmangal
2 months ago
How do you see this resistance around 1275. Minor or major in meeting the chart projections?
Reply
anilmangal TOP NihalCassim
2 months ago
lower degree correction
Reply
NihalCassim anilmangal
a month ago
Looking at the chart, it seems that Gold price is creating a rising resistance line and it has trouble breaking that resistance. For it to move up it would have to break it clear with a close few $ higher as the resistance seems to be increasing by a $1 a day. That break would then have to act as a support to enable it to go the early $1300s.
Reply
lebabe
2 months ago
thanks man
Reply
judderod
2 months ago
Any chance this could become a flat and bounce from 1265 for another wave down?
+1 Reply
debainnoob
2 months ago
Silver more upside coming
Reply
munirnadir
2 months ago
I broke the trendline and dipped back. How u take such trades......
Reply
Axelrod786 munirnadir
2 months ago
Very much still sideways, consolidating, I would wait personally as it's safer to trade. Looking at longs circa 1270, ideally 1278.

snapshot
Reply
yunghill PRO
2 months ago
Hey Anil, I had a quick question, it broke out of the original channel on 4hr and closed above, and it retraced at 38.2, is that enough confirmation to get in?
+1 Reply
Breakout today.. Good Man....
Reply
emanuelguirguis
a month ago
It has been bought :) now we patient and wait for it to boom up!
Reply
harryexe
a month ago
Where will be the next best entry for those who have missed this?
Reply
Walentine
a month ago
BULLISH
Reply
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