gold globally trend is up we already buying gold from 1680 area
have a look on our given charts
it will be a new entry for getting hit new fresh high
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READ MY PREVIOUS GOLD SHORT IDEA TO UNDERSTAND THIS ONE BETTER. LINK BELOW THE POST!
Gold has formed yet another bullish triangle, signaling it's determination to storm the 1800 ultra level.
If so, THE short, from the previous idea stands strong. Here is a bit of a detail: I'll be closely monitoring the price action around the 1800 level, and look for...
In this analysis where we define 3 zones .
1. red zone: this zone i plotted between 1788 to 1751 and this is restricted area where do not enter in market until its break.
2. buy zone: (if market break 1788 then put your entries towards bullish direction..where i clearly mentioned 2 resistances level.( first resistance level is at 1804 and the 2nd resistance...
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P.S. I personally will open entry if the price will show it according to my...
The impulse from bullish momentum showing signs of exhaustion, expecting a deeper correction towards the Fib level 618, MACD in clear divergence supporting this pullback, allows the following long setup
The order:
Type: buy-limit
S/L: 96 pips - R:R | 1:2 -
T/P: aiming towards the previous high
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*** If you like the idea, don't be shy, click on like and...
In this analysis we are clearly mentioned that there are two possible trends of gold in this week buy or sell .as we plotted read zone area where we do not put any entry until its break this red zone area is restricted area around (1737 to 1751).
1. now we are going to talk about buy zone where we have two targets or tp,s
1st target is 1767 where i mentioned that...
In this analysis we are clearly mentioned that there are two possible trends of gold in this week buy or sell.as we plotted read zone area where we do not put any entry until its break this red zone area is restricted area around (1737 to 1751).
now we are going to talk about buy zone where we have two targets or tp,s
1st target is 1767 where i mentioned that at...
As gold is continuously going up after testing its strong support near 1670 and again rebounded from 1745 that is a strong resistance which gold tried to breach several times but could not.These are the technical points to watch and if it breaks the level near 1745 then it is expected to cross the previous highest point level near 1752 to 1762 upward and will...
My outlook on gold at the moment. We have a complete head and shoulders on the daily timeframe with a perfect neckline formation. I am bias long with gold set for 1800, however I can't ignore this technical analysis. All formations on each timeframe looks set for a big drop! There is a small head and shoulders forming on smaller timeframes (1HR and 30M).
Things...
Gold is now breaking the trend line already and showing some bearish signal on 4h chart to drop .
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Break above the descending broadening wedge that has formed
This may be a nice buy opportunity
Not as nice as the previous couple buy opportunities on gold that have presented themselves
There is a potential buy setup after the break and retest of price on the resistance level and there is a potential sell setup on the break and retest of price on the support level.
