GOLD (XAUUSD):What is Next?! Update & Technical Outlook🥇 Long

GoldOANDA

Description

⋅ Jul 29, 2021 1:08 PM

Multiple time frame analysis on Gold.
Price action & structure.
Potential scenarios & trading recommendations.

❤️Please, support this idea with a like and comment!❤️

Comment

⋅ Jul 30, 2021 7:43 AM

Check my new idea on USDCAD:

Comments

VasilyTrader

⋅ Jul 29, 2021 1:09 PM

Will gold break current high?
What do you think?

UnknownUnicorn831631

⋅ Jul 29, 2021 1:27 PM

@VasilyTrader,

IMO
Weekly downtrend.

VasilyTrader

⋅ Jul 29, 2021 4:05 PM

@Tcapitall, good idea!

Helical_Trades

⋅ Jul 30, 2021 9:40 PM

Wonderful job, thanks for sharing!

VasilyTrader

⋅ Jul 31, 2021 9:47 AM

@Helical_Trades, you are welcome my friend!!!

ForexTrendline

⋅ Jul 30, 2021 3:36 PM

Good job, thanks for sharing your idea! Awesome analysis! Here's what we have on gold

VasilyTrader

⋅ Jul 31, 2021 9:47 AM

@ForexTrendline, good analysis!

UnknownUnicorn3110216

⋅ Jul 30, 2021 9:52 AM

Hi,
Thank for this nice analyse, I align with this idea.
My opinion:
Gold is Technically bullish, but needs some cool down of this strong momentum.
If it does not happen bad news, actual momentum will likely continue until the mid or end of August month next FED meeting.
Normally August month is a bad month for stock market that could likely boost Gold.

VasilyTrader

⋅ Jul 30, 2021 2:14 PM

@Roz-invest, thank you for comment brother!!!