Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Following our previous Gold analysis, now we can see, that the resistance trendline has been broken. Currently XAUUSD has pulled back significantly, which we believe is a very good price for the buyers.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate....
After the drop on gold below 2000, expecations are for a bullish pullback to 2019. Use proper risk management.
Buying Gold due to the failed close below 2016. I predicted 2012 last week, but to see this I'd anticipate good confirmation. This has not happened yet, CPI has dropped gold over 150 pips, now im expecting a clear push back to 2025+ area. Ive entered at 2016.54, targeting 2029.54 and my stop is set at 2013.54. Gives me a 1:4.33 R/R 1%Risk Entered at the low end...
#Gold STRONG BUY 100% Buy with a Strongest short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend. The market is approaching overbought territory. Be watchful of a trend reversal. The dollar index (DXY00) on Friday fell by -0.16%. The dollar on Friday gave up an early advance and posted moderate...
Our attention is centered on XAUUSD, as we actively monitor a potential buying opportunity around the 2037 zone. Gold, represented by XAUUSD, recently broke free from a downtrend, signaling a significant shift in market dynamics. Presently in a correction phase, the precious metal is steadily approaching the retrace area at the critical 2037 support and resistance...
Target 1946, entry 1937-38 Entered on the rejection of 5m LTF FVG, and also a weak low, Price diverted, push back to make new highs eventually..
indicator gave us a buy signal on the 5 min tf. i just created this strategy last week this is my first week back testing it lets see how it goes. trading news after 8:30 am est
Taking buy scalps based on a strong push to the upside on gold as well as the fact that we are seeing a close on the 5m and 15m timeframes closing above the marked level As price moves up we will be trailing stop loss and taking partial position profits at 10+ pips.
We can see golds holding above this 45 zone, which is a good indication of price to push higher. Possibly back to 1960. A lot of wicks at the moment so I wont be entering as of yet. London is about to open soon, I will hold off until then, then look to enter in longs as its still in an overall bullish trend.
Trade I placed with a 1:2.8 R/R this morning. Entered on the rejection of a FVG, tried to catch entry at CE but only just missed it. Holding to TP 30 pips with a 10 pip SL.
Tap and respect in my FVG on LTF. Watching to see if we see a push back up to the 1827 resistance area. This is a strong high so i doubt the break, but definitely a re test. Gold 4Hr support around 1815-16 area, Weak low so after a touch of 27 i will target 16.
✅GOLD has been falling all This time and is clearly Oversold now so after it Retest the massive Horizontal support level Below at 1810$ I will be Expecting a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GOLD fell down sharply And has retested a Horizontal support level Of 1855$ from where We are already seeing a Bullish reaction and I think That we may see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
due to the chart, we can see a QM pattern and the price is in the bottom of the channel... so we an look for buy signals. check and trade with your own strategy. Follow us for more analysis
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 1940 zone, XAUUSD was trading in a downtrend and successfully managed to break it out. currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.