Hit buy button on this area for gold and xauusd
XAUUSD is still inside a major upswing that is currently consolidating above the Median Line of the upsloping fork + above the recent tops of a range, that was broken up a few weeks ago. The stall above the ML gives us a decent entry with a great R2R ratio, with the stop being below the ML and recent tops in case of a overshoot/backtest. Trade is Long Gold cmp...
buy the XAU/USD dips. Possible Head and shoulders forming on weekly!!!
Very strong level - 1274-1277 I tried to sell and buy at this level several times But now i finded buy angle mirror pattern. So buying Gold NOW. When you see this idea - it maybe too late to enter the market. I already enter. Open buy order on XAUUSD - 1277 SL - 1272.8 TP - 1310 RRR - 1:7.5
Im trying to visualize the channel and angle at which GOLD could finally recover from its last bearish trend. We can see price breakout of the bear trend and now looking to pick up strength and speed back toward 1300s. Buy supports along the uptrend channel. Best of luck!
XAUUSD Technical Overview: Pivot: $1205.20 Day Trading Range: $1200.00 - $1218.50 Key Resistance: $1210.66 - $1214.59 - $1217.33 - $1221.20 Key Support: $1205.20 - $1203.25 - $1200.00 - $1196.28 Technical Indicators: RSI: Indicator lacks downside momentum, moving around 64 level. Moving Average: SMA 20($1203.63) & SMA 55($1200.71) strong support for...
Technical Overview Weekly Pivot: $1197.67 Weekly Key Resistance: $1204.46 - $1208.66 - $1215.45 - $1223.43 Weekly Key Support: $1190.97 - $1186.68 - $1179.89 - $1170.09 Technical Indicator: RSI: The RSI shows to more downside bias, moving below 50 level. MACD: Macd having seller pressure with high volume. Moving Avg: SMA55 ($1198.29 Blue Line in above...
XAUUSD 1305's are possible only if there is no Double Top or Failure of that. Else this channel breakout will fail, so kindly check ur plan before taking positions Hope I have explained more in chart itself :)
Everyone knows Gold 0.21% is going to be above 1300's and from that zone new scenario's will emerge, so here we have a chance to enter on pullback if we get bullish confirmation in our zone (1285) with stops below 1280's & Targets around 1300 or 1305's as per your trade plan. Happy Trading !
Gold will long 100% signal from 12:00 to 1:00 pm GMT long and will close above 1156 it may touch 1160 So Play up only The signal is 100% this good chace to make big profit
I am Going long in XAUUSD -1.24% . Cypher Pattern is activated. Buy 1160 SL 1132.50 TP 1300
Why Gold is lagging Safe have losses & Yen is outperforming 1. When looking at Gold vs Yen or XAUJPY it becomes apparent why Gold is lagging the broad safe haven losses that we have seen during this risk-recovery rally - investors are buying gold over Yen - so gold appears to be their preferred safe have asset to hold in a risk-on rally - likely a function of...
2016, the year of the Risk-Off Asset Historically Gold has performed +10-20% in the 6 months into US Presidential Election years AND also by longing Gold on this pull-back it opens up the opportunity to benefit from the potential tail risk that the UK votes to "Brexit" in which Gold will likely trade through $1400. Gold is one of my favourite plays for 2016 for...