You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
While the gold price looks fantastic here, the RSI is now at 85 which is historically at a very extreme level. There should be a considerable correction coming soon which will prove to be a great opportunity to open up new long positions once completed. By no means am I long term bearish on gold but it is now way too extended with sentiment also in extremes. The...
Gold played out exactly as planned and squeezed up to the 0.618 Fib Extension around $2,070 taking out all the short sellers with little to no resistance.
Although I am still long GLD, GDX, SLV, I've closed out my Futures positions for $2,154.50 profit and will wait for a better swing trade setup (entries/exits linked below).
Setups:
1. Continue squeezing up...
Gold hit $2,000 an ounce on Tuesday, a milestone that caps a record-breaking rally driven by depressed bond yields and fears over the impact of Covid-19 on the global economy. People tend to hold and buy gold in times of uncertainty just like during the financial crisis which peaked at 2011. The reason is because gold is view as a safe haven because as the world’s...
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
As we see gold has reached at a strong Resistance key level
we plan to start sell gold from the give sell zone with a small risk and high rewards
as you see our previous charts we had gain thousand of pips on gold buying from 1670 area
after a long long wait we achieved our all TP on gold
guys if u like our idea push like and support us
Follow us for more updates
Over the last few months the macro fib extensions have been the most accurate road map to the trend in Gold price. I took advantage of the move between the 32.8% and 50% levels for a $1,500 profit using E-Micro Futures and I believe the run on Gold is just getting started. (Previous trades linked below)
The price of Gold has been marching up with every...
Watching this retracement closely as we embark on another voyage with gold this year.... how low can we go? (1860-1830's would be ideal)
Like this chart if it brought a smile to your face in this stressful day :D OANDA:XAUUSD
I am having a bit of fun while doing my analysis with this chart, it is good for the heart. I will be posting more thorough analysis...
Here in GOLD, it is about to touch its higher resistance & i'm expecting correction this whole week,so, it will drop down because of its higher strong resistance & test 1 more time ..
The resistance is so strong & if we see other pairs which move same with the gold are also on their resistance & have a pattern to drop down for a SELL.
The SELL here is STRONG as we...
GOLD is in Strongest Resistance Level Ever and going for long down. the reason behind this is COVID-19 Pandemic. If there is any crisis, gold always go bullish like it happened in January for IRAN-USA issue.
SELL GOLD AFTER MARKET OPEN
SL# 1930
TP# 18020
Reason:
1. Strongest Resistance Level.
2. Overbought situation.
This stock is really a hidden gem. Please provide feedback, and challenge my thought process. I have researched this topic and this company extensively.
As we can see GOLD's Higher high is on 1,815 on the H1,H4 time frame in the Zone (consolidation area) .At the moment gold is on 1812 and there are low chances of rebound towards sell area. Gold is expected to breach the zone between 1795-1815 today after two weeks. In case if its break the support level of 1795 than there will be more chances that gold will touch...
Looking for XAUUSD (GOLD) to get around the 1804-1802 area to go long. Expecting a new high this week with all of the news and the dollar to possibly get weaker. Gold usually gets a little stronger. I don't think we're near the peak of gold just yet.
