long 1252 tp 1272 and 1292 stoploss 1247
XAUUSD completed the 1D correction, hitting all our downside targets, and the Channel Down (Highs/Lows = -11.8500, B/BP = -17.6660) reached the expected 1W support. As discussed on the previous analysis, 1W is on a Channel Up and 1,260 - 1,265 was the extended Higher Low support since the December 2016 bottom. We now expect 1D to reverse for a long term bullish...
The long awaited pullback in gold is in the making.. !! There is still a bit more room to the downside but I don´t see gold falling below 1,240/1,250 USD anymore.. The perfect buying spot is getting very close... Our patience is paying off.. get ready to load the truck!
I made an about face on my bias of gold yesterday where I flipped from bearish to bullish. This doesn't mean I am indecisive or have multiple personalities, rather it was due to watching what price was telling me. Don't ever be afraid to change your opinion of a setup on a dime. Price action and the "price story" is always changing, and thus our bias' of that...
here is our view for forcast of gold our love check this out and contact us for more info we have dominate on market
We have some low risk long opportunities presenting themselves in XAUUSD. As one can see from the chart we are still in a slow, but steady uptrend, we recently kissed the bottom bollinger band in conjunction with being at the bottom of the lower regression channel these indicate that long positions are presenting themselves.
Buy-in Zone: 1250-1293 Profit Targets: 1377.80 1580.00 Stop loss: 1238 This is a long term trade, i made my analysis on weekly chart. Please be patient and sell at targets. Have a nice day, Berk
Hey Guys and Welcome, XAUUSD retraced over 60% of previous Week price action, we are following „Mid“-term Trend with a good RR. Last Week Gold rises a lot and built a strong H4/Daily Price action retesting longterm downtrend/Sidewaystrend followed by a very bearish reaction, potentially gold will make new Highs.! Long: 1323.84 Sl: 1306.87 (170 Pips) Tp:...
see figures above
Hey Guys and Welcome, XAUUSD broke previous week highs and forming new highs, we are following „Mid“-term Trend with a good RR. Price was very bullish last week, made new H4 Highs and broke short-term downtrend to the upside. Long: 1350.92 Sl: 1340.56 (100 Pips) Tp1: 1361.36 (100 Pips) Tp2: 1376.23 (250 Pips) Feel free to Comment and Discuss my Trades....
This is only forecast, not a trading call
Gold has a bull flag pattern in play, first resistance is here at 1350.
We just had a breakout of descending resistance from Gold. It is now time to start accumulating this in the dip.
Risking 2.4% for all time high retesting. 2018 will potentially be a very strong year for gold. Happy Trading!
RSI divergence is the main point ... but lets be wary of USD FUNDAMENTALS today and the coming days ... i would anticipate a lower low at worst before it heads up strongly ...
All Trade Parameters shown on the chart. It is just an example how you could trade the level on top of level scenario!
Gold is currently rocketing to the upside due to the US Dollar still remaining weak, I am in a buy on this already and in strong profits. Take profit 1303.80