Hi, friends! 😘😘
Today I have a very cheerful mood, and I want to make a lot of Forex charts.💪🏻💪🏻💪🏻
🤑I hope to make some money!✔
LET'S Go!!! 👉🏻Gold as always pleases me.🌞🥰
But will we really get to 1700?🤔 Is that price over high? ❓What do you think?
✍🏻Write your thoughts in the comments!
Will we long it, guys? Or do you have a another position?💡 Share it with...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1641.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
👋👋👋HELLO, EVERYBODY👋👋👋
LET'S LOOK GOLD/DOLLAR, @DanielErhan?👏🏿👏🏿👏🏿
Write your vision of it or share your chart of gold😘😉
📊📝We can see, that after the brakedown gold's in the ascending wedge and stay for some time in it.
I can assumed, that breakdown will be from the end of wedge.👇
Dear subscribers, write in the comments, which pairs are you interesting...
After Gold broke out of a Bullish Flag there was a back test of the downward sloping trendline that acted as resistance until now turned into support resulting in another bullish flag breaking out on a smaller time frame.
I'll link a chart on a smaller time frame displaying another bull flag.
Keep in mind everyone, anything under approximately 1800 USD is fair...
Congrats on our previous buy on gold.. However its now change to a buy trend but about to reverse for a short sell back to previous supports/bottom trendline respecting trendline.. Please comment and share your ideas on this particular pair too. thanks!
Please support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1568.68
TP1 - 1637.70
TP2 - 1665.01
SL - 1545.95 (Consider your stop loss lower if it fits your R/R ratio)
Reason: We have a similar combination of Falling Wedge and Bullish Pennant (which might reform in Bullish Flag), this pattern lead us to aggresive growth. Also RSI was...
Please support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1567.00
TP1 - 1723.87
TP2 - 1848.94
TP3 - 1917.61
SL - 1520.32
Reason: Years of Ranging (accumulation) and then breakout with a bullish flag formed now can lead us to test All Time High.
Warning: Do not open this trade if you are inexpereinced trader, because it requeres a lot...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1494.30). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Last Friday I told you guys that you should sell gold when it retraces again at 1500, and see how it goes down by 70 pips now. What you can do right now is to put a small lot on Gold cause I see that something that move fast, reverse fast as well. It is still depends on your trading strategy
When the price goes down buy again around 50 - 80 pips. I believe that...
Bearish Harmonic Bat
Double Bearish Divergence in PRZ
Two Bearish Engulfings.
I entered on the second.
Target is $1530, but I will slide my stop down along the way, lets see if we can reach the 38.2% first.
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Chart explanation:
This run has to end some time right? From a technical stand point we've seen such a long run from gold because it really had no resistance to fight against.
This is really the first time since the spring that it will be battling some sort of weekly or monthly structure from the past.
I used the bigger time frames for this analysis but it...
Hi Buddies
As you can see in the chart all historical major trend lines were shown. Price just has two choices and it's going to select the following direction. if it crosses the red line successfully it will break out the head & shoulders neckline and go to the 1470-1500$ price area. the next target for this situation is the 1600-1650$ price area as the head &...
