Hello everyone! So GOLD is doing what was expected. I said in my last analysis that I was frustrated with GOLD because it was taking too long to breakout from this triangle/pennant, but just when I whined about it, the pattern was confirmed. If you missed my last GOLD analysis, the link to it is below. Also, I invite you to follow me to keep in touch with our...
Hello dear subscribers! The price of Gold has recently risen very much, even above the target that I set in the previous chart. The price has almost reached the resistance level, this level will delay the growth rate, but the price will be able to break through it. I expect the price to roll back to the target at 1720,000. Good luck to you! If you liked...
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Gold has been preforming very well for a while, and especially it has shown real strength during COVID-19. It looks like we had a breakout of this pennant that could lead us up even further if continuation is to be expected. Perhaps not until after we fill this price inefficiency...
Gold in a mighty swing! It has been rising for over a year and a half and now the question is where will the gold go? If you look at the Stochastic and RSI both of these indicators in Overbough and both indicate a trend change along the way. You can see that we have a resistance line at the current price ($ 1720) to about $ 1830, so because it's not focused...
TVC:GOLD has many reasons to push higher, but money printing is almost the only one that ensures that its just a matter a time. Imo this is a chance not to loose. Cheers
Gold is now trading in a nice consolidation above the support line on the daily. Also, there is a triangle that is a flag too, and the general uptrend of the last two years adds bullish momentum to the current situation. All looks long, with the first target being 1800 obviously. A very strong level on the monthly chart. If the current momentum persists,...
OANDA:XAUUSD Hello guys ! For a month the gold market has been in range! From this point of view the price aims, the resistance of the range. It is also important to underline the formation of a symmetrical triangle which of which the break can be a strong upward movement. However if the movement is not strong enough to break the range up we will see a...
Reason : 1. XAB 61.8 rejection 2. Trend Line H$ 3. Magnet Area EMA 34 & 90 2. target profit based on : classic resist H4 3. stop loss based on : classic support H4
So my prediction last week was spot on! Hope you all caught the move. I'm going long again. So please feel free to check out this and apply it to you own Entry. More video content coming soon! Stay tuned -JP Dunckley (Kangitan Trades)
Hello Traders! The price of the Gold moved up but still, weakly resistance could not break..... Gold is trending sideways ...Let's wait for a new trend Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide financial advice. Best
Confluence with the trendline from the 4h timeframe and the s&d zone expecting a bounce at this zone into the upside
WELCOME TO MY PAG AND AS ALWAYS, FEEL FREE TO LIKE AND FOLLOW FOR SUPPORT IF YOU LIKE WHAT YOU SEE = ) I definitely see GOLD going LONG after a short temporary dip to the green support line, if the long time ascending channel holds. (This channel has so far, been very well respected.) Possible LONG opportunities: TP1 @ 1709, TP2 @ 1714, and TP3 @ 1721 Remember...
Entered a Gold position today . Here is my outlook. First Target : 1749$ second Target : 1797$ Please check the comments , I will update this . Thanks
Gold forming a nice wedge hoping for it to breakout to the upside so that I can enter on the retest.
XAUUSD in a bullish Pennant pattern, we will expect the price to break up and retest before continue up. Remember all directions needs confirmation before opening a trade.
Seeing Gold reject the laster LH's and not being able to keep above when breaking. Looking weak to break the next level of support in to the lower lows of 1670.. Check my profile out for more about me and make sure to follow me..