Daily close above resistance. Looking for continuation to fill the wick at 1890.000 and 1900.000.
The correction is finished now gold next TARGEt 1800 level. Tp 1800 SL 1760
We all know the story for gold. We all heard about it. Crazy estimates of 3000-5000 usd and even 10k usd price valuation. But after we hit over 2000 usd, price action went south really fast and nearly never corrected. Until it formed a double bottom recently. Bears cant go further and bulls started to win the fight. Now there is chance for a bull run. If price...
Hello Traders, The whole idea is based on public panic "OMG GOLD IS BULLISH" But we have mark up the real senaio of gold market since Agust 2020. Please avoid the noise and stay with the trend. Thank You
Greetings I have just three words too say for gold right now and those are "GOLD IS BULLISH". Gold is testing 1745 area again and again and it can break that level at any time sooner so we are right now at the trend support and 4h bearish trendline is getting resistance to break. So u an enter as buyer after successfull break of 1745 area. Till that happy...
As we can see gold making falling wedge pattern on 4H timeframe , and potential inverted head and shoulder on 1H timeframe which mean he will reversal until we got confirmation the confirmation mean when he making high and higher low and then he making continuation pattern however gold can be bearish if he still respect the previous resistance @1790 but if he...
GOLD BUY TP_2078.36_8.79%_167.96pips_SL_1876.81_1.76%_33.59pips
After taking sells where we banked 90 pips, price broke above the range highlighted on the analysis last night. Instead of waiting for support to form, I waited for a retest and entered on the retest, so this was effectively a break and retest entry. As price reached the first target, I secured my entry and moved stops to BE. Price then reached my next target...
Gold broke resistance and formed a nice support on lower timeframes, this was good confirmation to take buys, with TP at the wickfill and stops below the previous candle, we secured entries at 35 pips and the runner got stopped out at breakeven. So a nice win for the night
Hello, in this little updated, Gold is forming a bullish rising wedge channel, taht mean that Gold is so prepared to going up!!! So, guys, we hope in few hours the formation of the candlestick to entry in long, it is the confirmed this bullish rising wedge channel.
From the Gold daily chart, the price, after the breakout of the triangle pattern, came back to retest the bullish support trendline, by missing, for the moment, to close the pullback on the bearish resistance trendline. From here, it could restart to rise towards new highs.
No retracement yet of the first up-leg, this is just starting!
1-Hour: Price crossed below the 1,700 level and quickly retraced above it. It tested this level again, but held supported as well. This is the third wave where we're expecting bullish momentum to build up. 1-Day: This 1,700 level is also apparent on the daily timeframe. However, we might end up seeing this pair range as it pulls away from this level. As a...