Should see this dive down into the existing lows. My opinion of the gold.
LOOKING TO SWING BUY, As price is rejecting from my 61.8% fib level
Hi, everyone, The gold market is in bullish sentiment. if we consider it as a start of a new impulse move of price action. We are still at 3rd wave of the Elliott wave theory. So hopefully we may see the gold price to change positions to new heights within the next few weeks. Thank you and trade safely.
After falling to the 1760 level, Gold sharply moved up 1400 pips straight. Retracement level is holding a supporting at 1880, bulls are intact and eyeing to stay above 1900, psychological level until unless see get dramatic news out for Gold.
GOLD showed a strong push today towards 1900 but multiple rejections at resistance showing some reluctance, we will buy Gold at a little lower level to enter a rally towards the target. Copy the setup in your trade. Good luck.
After falling to the 1760 level, Gold sharply moved up 1200 pips at the 1876 level. Retracement level is holding a supporting at 1830, bulls are intact and eyeing to hit 1900, psychological level until unless see get dramatic news out for Gold.
we've broken to the support line Im expecting the price to go down
After the crazy run-up we saw earlier this year GOLD is finally consolidating. Is it ready for a drop? The monthly RSI peaked at 84 points. The last few times that the monthly RSI peaked above 80 points we saw a retraction of 35% to 45% in the period after the RSI peaking. The $1400-$1500 level is chosen specifically because it’s an area of resistance which...
Opportunity for gold Let me know in the comments what you think of it and what your idea is for Gold If you like the idea, don't forget to give it a like If you have any questions, feel free to PM me
Keep the swing sell. This is scalping. TP1: 1910 TP2: 1915 SL: 1887
as mentioned on chart, ignore current upseide move there will be a rejection form MM. any second upside move can be taken as confirm long trade setup !!!
The markets are driven by 3 key indicators: 1. Sentiment 2. Fundamentals 3. Technicals The sentiment on gold is that it's a safe haven. Gold always retains value. Gold moves in cycles that're far apart because it measures the value of things in society in relation to it's natural scarcity. The last gold move was after the 2008 recession. Before that there was...
PinBar strength : Looking at all Pin-bars, reversal occurs whenever long Pin-bar made. If the price closes 1706 around or above , there will be Pin Bar which is the sign of reversal. Gold give us well-founded example of Strength of Reversal. If you take minutely the small things , you will know in advance the big things .
There is no change in GOLD analysis, We are at the pullback on gold will take soon resistance . After the some time, I will update the accurate level for trade on GOLD
double top, break of structure, pullback to the 61.8 stoploss above the 113. educational use only
Ascending triangle reversal. Ideal scenario is a close below 4800 creating a bullish divergence on RSI to match the bullish Reversal pattern. MACD will bottom if the pattern holds. It is the most negative it’s been since the drop after the 2017 bull run. If this ascending triangle holds, I believe this is THE bottom. If not, 3500 is the next support and I’ll...