see AC indicator, it is red,sell but gold break last high !!!! this mean 99% up trend will start ALERT= don't pick sell ( reverse on gold is very risky) under red arrow we can pick sell, after sell pinbar comes ,,,100% put sl on pinbar high wish you win
Gold / XAUUSD continues to trade inside a Channel Down, consolidating near Resistance A (1937.50) after the recent Lower Low. Every candle close under this Resistance is a sell call. Short and target Support at 1895. Any 1day candle close over the Resistance is a trend change call. Long and target Resistance B and the 1day MA50 at 1955. The RSI's Rectangle...
Gold (XAUUSD) has been trading within a Channel Down pattern for almost 2 months, with it being the correctional wave from the April - May vastly overbought technical levels. Our focus is now on the shorter term were the 4H MA200 (orange trend-line) continues to act as the Resistance and the new 4H MA100 (green trend-line) rejection should technically pull the...
OANDA:XAUUSD continues to stand still and form a consolidation within the 1938 - 1912 sideways range. The rebound to resistance is likely to continue in the format of a bounce to support. On the daily and weekly chart there is a consolidation in the red zone, after the breakdown of the key support levels. Most likely an energy buildup is forming before the...
OANDA:XAUUSD breaks the uptrend. A break of the support of the bullish price channel ends the impulse to 1893 and forms a smooth transition to the state of consolidation in the flat boundaries On Friday, the price makes a retest of the previously broken support level of 1935. Tandem of technical and candlestick analysis does not give the preconditions for a...
OANDA:XAUUSD makes a retest of local support at 1902, but amid a weaker dollar, the market buys out the drop. The price returns to the range. Global and local trend coincide and have a common downward direction. The price rebounds from 1902 on the background of the dollar weakening from the news on Thursday. It is too early to speak about the global change,...
OANDA:XAUUSD is testing 1933 and after the third retest it forms a false-break. A Triple Top pattern (local value) appears on the chart. The price decreases to the support and forms a local consolidation. The retest of the 1912 area indicates to us that the market is preparing for a decline. A pullback to 1920 might be the key maneuver. If the price rebounds...
In our previous article on gold, we noted that we were still not turning bullish in the short-term as technicals on the daily and weekly time frame pointed to more downside. However, prior to that, we also noted that one development stood out to us, and it was decreasing volume accompanying the falling price. We stated this was a positive development for gold,...
OANDA:XAUUSD is in a correction phase. The global trend on the chart is bearish. There are several preconditions for a possible further fall. What is going on and what to expect from the price? We see a breakout of the global price channel and the formation of an upward correction. I drew a local support line to make the situation clear. Price breaks support...
OANDA:XAUUSD strengthens to 1931 and reaches its local target. The resulting pullback forms a strong limit area formed by buyers 1920. What could this lead to? Locally, I expect the price to rise to the local targets and liquidity zones, as the price cannot fall all the time. Such zones are: 1933, 1935, 1939 The daily technical analysis points us to a break of...
The price of gold (XAU/USD) continues to rise for the fourth day in a row, although it lacks strong upward momentum around 1,923 as we enter Tuesday's European session. This lack of momentum can be attributed to the US holidays and a light calendar elsewhere, which has resulted in a sluggish market. However, traders remain active due to concerns about the global...
Gold breaks the wedge resistance and forms momentum to retest 0.382 Fibo. Buyers are able to strengthen the price from 1910 to 1932, it all depends on whether the price can form a consolidation above the support. TA on the high timeframe: 1) A bounce from 1893 is forming. In terms of technical analysis the price makes a test of 1938. On the background of a...
OANDA:XAUUSD market is still bearish. Breaking through the resistance of the descending channel may not play a key role. The price is in a global wedge and we see a bounce forming from support. On Friday, we saw a strong rally that many did not expect. The price was bullish on the inflation related news. Looking at the technical picture some things might...
Gold is on the 2nd green day after Thursday's Low at the bottom of the 6 week Channel Down. The medium term trend remains bearish since the price remains under the MA50 (1d) but this is a short term buy opportunity. Trading Plan: 1. Buy on the current market price. Targets: 1. 1943. Tips: 1. The RSI (1d) is posting the same buy pattern as on May 25th. 2. The...
put low size buystop on last high or when buy pinbar comes on 1h,4h,daily chart (sl like always= pinbar low) if you have buy with me, DONT CLOSE THEM UNTIL I INFORM CLOSE ,,, move SL to last low,let it go 10 day if you have old sells,you must must put SL or hedge buystop 1931(break high is other buy signal) ,,,gold can go to 2200(it love buy) good luck friends
Gold broke on Friday over the LH trendline and reached the 4H MA50 for the first time in 10 days. The rejection is now retesting the LH in the form of Support, as it happened on the May 30th bullish breakout. That was the leg to the top of the Channel Down. With the 4H timeframe being neutral (RSI = 46.429, MACD = -2.220, ADX = 38.259) and the RSI on the same...
we are in start of uptrend to 2010.00 even 2200(filo 161%) lets see AC indicator on daily chart , it say if low not break, 90% up trend will start next 10 day if you have buy, don't close sooner than 2010 ( put sl in low,,,let it go secret = gold in uptrend (never open reverse sell on gold, it is trendy) has mini crash , if trend line not break,don't fear...
The analysis of the GC1! chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️