Gold Technical and Entry update: Gold weekly chart entered in to critical zone at abvoe 1350, where rejected couple of times earlier makes a fall till 1166 downside. Week closing below 1355 can make a break till 1320 which is the first hurdle and 1300 psychological level downside. Overall we advise traders can enter sells here and can wait till 1320 for next...
Gold futures GD sell opportunities from monthly supply imbalance located at $1310.The exact same look for XAUUSD spot market and XAUUSD CFD. There is a very strong monthly supply level that was created after a very strong drop in price last April 2018, almost one year later price has returned to it.
The supply and demand technical analysis and basic core rules do...
Gold trading at 1338 holding support at 1333 and upside resistance at 1345., one can initiate buys from 1337 for upside till 1345-48 zone where will start correct fro there to till 1325 downside. Overall sell on rise is advised for the day
For those who have not yet bought, it is possible to buy now until 1365, then Gold will have the real test of resistance in 1365 (the gold failed to breach this resistance several times).
so the first one we miss it so i take x2 lot on this with 2 tp for get back the loss of the frst+ profit
overbought max
rsi divergence more big
equities rebound up
XAU/USD Short Idea (5/8/19) Daily Chart
- I am looking for the higher low to be established at the trend line and then the reversal to the weekly disturbance level @ 1254 (Blue Level)
- On the 4HR, waiting for price to break 200 EMA (grey) if it does, price will continue to go up to the trend lien, which has a confluence with the
61.80% fib level, the bearish...
XAU/USD Short Idea (5/8/19) Daily Chart
- I am looking for the higher low to be established at the trend line and then the reversal to the weekly disturbance level @ 1254 (Blue Level)
- On the 4HR, waiting for price to break 200 EMA (grey) if it does, price will continue to go up to the trend lien, which has a confluence with the
61.80% fib level, the...
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