Yesterday we saw a downtrend breakout on the H1 chart. At the same time price closed above previous high. We are expecting another upside move that will end current price hold around market open. It should take market up at 1755-60! This zone appears to be exceptionally strong and important. We will watch closely how price will react, and if we see a break...
GOLD to complete fib retest, then to breach weekly highs.
Looking to buy at the close of the m30 candle (7pm) Let it fly baby! TP- 1781 SL- 1738 QUICK SCALP WHAT DO YOU THINK? DROP YOUR COMMENTS
The chart gives us a good signal of easy money if we bought the gold now Enjoy the profit
Daily chart oversold MacD crossed Trend Line Also shows uptrend Please comment to share your thoughts Regards
GOLD to 1800, coming off the top of a supply zone.
Once again, glad to say the previous analysis played out according to expectations! XAU/USD is still very much in a bearish market structure, with next major stop at 1570 for swing traders. For intraday/scalp traders there is a potential for an upward movement with take profit at 1740. However, it may be a good idea to keep an eye out on the 1723 level. What are...
XAUUSD BUY LIMIT entry price- 1669.800 take profit -1775.555 stop loss - 1665.666 if can afford taking risks use 1662.000 as a stop loss
Here's what I know: - Gold is in an uptrend - It put in a nearly perfect 50% retracement - Good support at ~$1,760 What to look for: - break of the trend line...ideally two bars closing above with a touchback. - further weakening of the USD What to do? - Start adding long positions now with stop loss around $1,750. - Add to long position with break of trend...
My prediction has come true again! all that remains is for the price to go up to the marked point. It may make a small correction and it can be a good opportunity for purchases. We're starting to see that it can happen as in August, and reach a resistance of 1940.58, but that's already looking at a longer term, now let's focus on this. Good Luck!
Break in resistance towards downward trendline. Countrend trade
Xauusd Buy Setup For Long term Move
Amazing opportunity on gold. Price has moved well so far. On Asia session we expect slight drop then a bullish run. Buy and use tight stop losses. Targets above previous market high. Use proper money management. Good luck OANDA:XAUUSD OANDA:XAUUSD
VHRTFX Forex Rules 1.0 Trade Process First Phase Find supply and demand in daily/h4 draw a line or box Find pattern(quasimodo/HNS/KING/Engulf) in h1/m15 HIGHER BETTER, snr in area snd of (1) The setup sl must below 5% from capital / Ratio 1:2 above (DEPENDS ON TIMEFRAME AND CHANGE LOT SIZE WHEN SL IS BIGGER) Plot everything on the chart and mark the setup Entry...
Gold Witnessed a fives waves down reaching 1802 Level, and entering a 3 waves pullback at the moment. at first we take into consideration that the pullback is corrective targeting 1863 unless the chart gave us a bullish momentum and broke the target. be aware of a counter wave for now to retest 1830 level at which it will be a good entry to go long again.