1-Day: The 1,700 level is a reversal point. Price dipped to this level and formed a daily doji. 1-Hour: Over on the hourly, we're also seeing the structure change. Price is beginning to paint higher highs and higher lows. I currently have my entry set at the 1,733 level which is where the moving averages have converged. This is a good potential to ride the next...
GOLD is unstoppable right now and is soon to storm the 1800 key level. The only question is- what we get to see: 1- An optimistic scenario, drawn with a green line, where there is a retest of support after a breakout towards 1900, and then a strong move up into the 2300/2500+ in 2-3 years. OR 2-A pessimistic scenario, drawn with a red line, where the...
There's a few indications for us to be bullish on gold: Price is supported on the daily level at 1455 range The selloff on gold is slowing down Specifically, we can see accumulation with every sell off, which is signalled by the bullish green bars Once offers have been exhausted, we should see gold soar from a series of covers and new entries
GOLD BUY TP_1714.36_7.98%_126.66pips_SL_1562.661.58%_25.04pips
Bullish Coronavirus breaks China Country containment. Target set at 1594.0 Bearish Coronavirus fades, Chinese Government seems to not be as fourthright as Western World would like them to be about the Coronavirus outbreak. Target 1556.0 ( 2019 High - Strong support )
Gold is in buy mode as US impose 17 different banns on Iran Steel mils and Textile mils. Further more on H4 Chart, Gold is making Head and shoulder Pattern which also indicate us for further bullish move.
XauUsd Currently at correction and should find support at green box or trend line 1505-1535. Downside is limited.
Gold bear zone over on 18 nov 2019
Structure Change of Trend Tendency Upward Plan Buy Entry Target at 1489 Entry Target will change if open bearish to 1479.80 Second Ladder Entry 1474.80 Stop Loss at 1471 Profit Target 1499 If Profit Target 1 achieved please move your stop loss to Profit Target 1 and use trailing stop thereafter.
Gold is bullish... Buy now and hold till you can.... you will never disappoint and i repeat. price was reversed from the 0.382 fibo level to upwards and bottom line of bollinger band is providing strong support to push gold much as high. RSI history data shown us that if price was reversed from 40.16 level price gone up. you can see the round circle of in...
check this bank level will push up the gold enjoy and messege us
COMBINATION OF FIB TIME & PRICE RETRACEMENT SAYS THAT WE COULD WISH TO PROBABILITY FOR GOLD SUPPORT TO THAT CLUSTER ON AUGUST AND SHORT TERM BULLISH ON IT THEN WE CHECK AGAIN. SO NEXT WEEK WITH GOOD ENOUGH TRIGGER BUY WON'T BAD.
Intraday Short Swing Long - Scalp your way toward 'C' and buy in the potential buying zone to go to yearly resistance 1345.00s - Best of Luck! Felipe
We can see price has broken a key trendline acting as resistance. Price has not retested such breakout, for we ought to wait for a pullback if we want to go long. Could this be only a long term pull back? Will price bounce back down between 50% and 61% Fib retracement? Is gold on it's way back to 1,300s? I recommend you set your initial targets at A: 1240.00...
In correction to my previous analysis in which I miss-used the pattern called "bullish pennant", I now show a trend line acting as resistance for Gold in the range between 1208 and 1214. The idea is to trade the breakout of this trend line as it has been an important zone of resistance for Gold for past weeks. See also a major trend line on the Weekly chart...
Entry and Exit Strategy are highlighted at the end of my analysis. The following analysis points out that a bullish reversal in gold is likely. My analysis a couple of weeks highlighted that a reversal was imminent, however, my analysis was slightly too early. As such, I have re-evaluated my position and analysed fundamentals in the market to better gauge what...