AC and stoch now give sell signal , so gold must start down trend ,technical say this if news comes and gold can break high and trend 1820 ,above scenario will cancell and buy signal will comes to fibo 61% if you have buys on up , hedge them (size= 2*total buys) buylimit on 1740 and 1705 is powwrful buy for hold long term
30 Min chart divergence is clear and looks like the DXY is about to pop. General weakness in the market will mostly likely take gold down too. A couple of VPOCs below as well. Manage your risk!
$1800 for the gold bugs seems to be a Goldilocks number. Recent support has been tested several times but a break out from the recent downtrend at first looked like a false breakout. If we were to take that swing high on this latest bullish move, the consensus target of $2000 should be easily met, even $2100 is doable. For the likes of a royalty company the...
The GC one hour time frame is breaking the down trend line and is in a sideways range. It will be a good idea to allow the market to break and close above the small sideways range and give a counter trend line break bullish in the buy zone. Once or if the market does that. It will be a good idea to use Fibonacci to help find the limits Entry: Counter trend line...
today gold break yesterday high and red trendline ,this mean + up trend start in morning to 1820 then 1850(fibo 61% is in pro traders focus) advice=looking for buy in deep , dont pick sell signals note=daily sma200 is buyer target if you have sell ,close it or put sl on today high or hedge it (lot=2*total sells)
NFP= Non-Farm Employment Change show employment in industrial , when it comes good show economy power , will move eurusd,gold to down , move up dollar index,dow,dax 30%=if gold break high ,can fly up to fibo 61% 1850 70%= gold by eurusd will go down,after 1740 touch,big buyer like funds will start buy ( larg banks(they broker like citi,deutche bank) have...
dollar index and eurusd have high relation ship,,,they dont touch trend yet eurusd must go down ,dxy must go up = gold will go down dont inter buy , soon or late gold must touch black trend in 1740 USA 10 year bond yeild going up too =gold sell dont allow 2-3 green candel force you buy , above 3 fact show big banks,fund trader,pro traders ...
as i predict Dollar index by daily chart pinbar go up =gold must go down for next 3 month ,after speak big traders in banks,funds , we predict butterfly pattern comming for next 60 day save in mind,draw on your chart = green arrow ,important ,powerfull limit order place with sl=10$ trailstop(breakeven)=10$ (after 6$-10$ ,move SL to open price,then give...
many big money traders in wait buy gold in 1740 (hold longterm) in down we have 2 powerfull support comes from daily chart AC daily is green but near to turn red ,when turn red, wild down trend possible to 1740 AC 1hour is down full red now going to green mean 2-3 green candel up move ,zigzag posible result= litle up move possible but main trend is sell...
Hello ladies and gentlemen, according to my GOLD Futures chart, we note that since JUNE 25 2021, GC Futures has entered a downtrend even today, approaching a very strong support level at $1,774.
if you have buy put sl in low or hedge (sellstop in low) gold like eurusd want crash dont forget buylimit near 1740 powerfull trend and hold it 20-30 day (winrate 90%)
look like gold want touch 1740 trend line so put sellstop in low,buylimit around 1740(for hold until 1960) is best trades for now
1-switch trend on gold = gold always after crash , 2-3 day turn range then start go up to 1820 in down we have big trendline in 1740 - powerfull support in 1675 - then on weekly chart fibo 61% in 1450 $ 2 in comming week if gold break low 1770 can go to 1740 (powerfull buylimit place with sl=10.00) then start powerfull trend to 1920 then 1960 take look open...
buystop on high with sl=low its target is daily Sma200 and fibo 61% if you have old buy on up , 100% put sellimit on daily sma200 and fibo 61%( lot size =0.5*total buys) AC daily is green (show buyer and + trend will come) when AC 1hour go down,full red you can buy with sl=6.00$ ttp=18.00$ ( on this stratgy eat 5sl in 10 is normal , if you remove...
boys we have powerfull big trend in 1740 , many trader focus on it , if gold break low can melt to 1740(powerfull buylimit place with sl=10.00) if you have old buy , put hedge sellstop in low 1770 (after sell open,dont close it in low,allow gold go down and back to up , open price ,then close it , give time to go upper)
gold next target is fibo 38% then daily sma200 then fibo 61% (green fibo in right side is growing fibo) personaly near big trend 1820 i will sell with sl=10 trailstop=10 (if you want sell ,100% put sl and dont touch it) if sl fill , big trend 1820 break,gold will fly up and big money traders start heavy buy and gold will back to high strongly...
if your experience is under 7 year ,strongly advice dont inter this panic market(gold,silver,eurusd) ,go and rest this week until + up trend appear ,then looking for buy AFTER I SPEAK WITH MY FRIENDS , CITI BANK TRADERS AND BIG FUND MANAGERS :WE FIND NO REAL THING BEHIND CRASH mr pawell say :we expect (maybe, forecast ) change rate in 2023 (after 2 year)...
I just read an idea posted in Tradingview that this is the time to buy the EURO. As well there is a lot of chatter about Gold being a gift at these levels. This big move started this week. I believe its too soon to take a position in either one of them. This is not to say there won't be backtests as investors rush in. Looking at these daily charts gives you...