Xauusd ranges 450pips+ within 1470days
Of which mitigations occur in the higher highs ... to lure in the movement across to the 2200's .. the Next expectancy of the market's movement is to give a retest on a weekly breakout within the few days remaining for the last quarter of the year .on the other way round 435 point in price more rally is foresighted...
Based on the Fibonacci and Fibonacci extension analysis, it appears that the gold market has reached its maximum downside elasticity, particularly in light of the news from the previous week. The RSI and Stochastics indicators also suggest an oversold market. Moreover, the fundamentals for gold are bullish.
Gold hits a fresh 8-month high as geopolitical tension intensifies. Russian President Putin has announced military operations in Donbas and explosions heard in Ukraine cities of Odesa, Kharkiv. The increase in demand for safe-haven assets is pushing the yellow metal higher. US 10-year yield lost more than 7% from yesterday's high of 2%.
DISCLAIMER: ((trade...
Gold against Dollar pair is travelling within channel right from beginning of October month, last it breaks the resistance zone of 1790 area, after it breaks it came down towards end of the week, expecting this week also bullish to pierce the zone of 1790 to reach 1815 area,
else if it breaks the channel down at 1770 , it may go down to reach 1745 price...
1. Overall all bullish sentiment on Gold.
2. Price was at the 15min demand zone and closed above the 50% level.
3. Looked for lower high formation on the 15min candle.
4. Entered longs once the 15min candle broke the top wick of the previous 15min candle with stop loss below the previous wick low of 15min candle (22pips).
5. Anticipating the price to test the...
As we can see
Gold has made Higher High and Higher Low consistently
and also he respected Golden area fibo 0.618
i expected gold stil running as my forecast
now im gain 600 Pips since my previous forecast uploaded
so guys , if you want to execute gold currently don't forget to waiting for bullish flag
However gold could FAIL to Bullish if he can't break the...
