Gold is in a descending channel but it broke up a rising wedge.... Price will push up to the upper trendline( resistance) of the descending channel like my idea.... and share your comment if you find it useful
Fear on gold. Must be patient and watch the lower time frame for confirmation.
Hello everyone, I hope you have a good time and are always profitable The last time we analyzed gold for you, our main assumption was for a decline, but we predicted that it could go up to the range of 1805, but did not reject the range of 1790, and we saw the price return to 1760, in which we see a return pattern. We were and the price started to rise. But with...
It's time we embrace the reversal pattern ( double top) and enter sells on GOld...
The dollar will just keep on losing it's purchasing power, no matter what.. the more stimulus is printed then the more the Almighty Dollar's buying power declines. Gold is ready for yet another shocking BULLISH MOVE, +$3 000/oz. Good thing my charts are self explanatory, should anyone anywhere around the world not understand a single thing about me Gold chart.....
Gold got some unfinished business with the channel. It is respecting it so far and I am expecting a sell till 1640.00
Here is an analysis on XAU/USD gold RECAP: (Previous Analysis) In our previous analysis Gold was trading at $1745 We expected the pair to test $1765 before falling back to $1730-$1720 However the pair was limited to $1755 before falling to $1719 triggering our Buy Stop @ $1755 which was closed at a loss @ $1745 And also our Sell Stop @ $1720 which was also...
Im Buy Posiition On 1704 My Plan Based On Fibonanci and DXY TP 1 on 1750 TP 2 0n 1760 - 1764 I'm using BreakEven Position. Beware on TP2 Area. Find the confirmation on this area. If breakout this resistance area, the price will grow up to 1820 If can not breakout, the price will going back to 1675-1680 If you like this idea. like and comment below here. Glad to...
If gold were to range in between the buy and sell zone then you could potentially go much lower than 1680 I will wait to see what the reaction is to the upside next week. If the reaction is impulsive towards 1760 then it's positive for gold. If the reaction is more corrective and slower towards 1760...then possibly another massive drop to the 1670 area for...
Gold has create double bottom on Higher Timeframe. its time to grow up. Trend Weak Bearish I think Gold will reach the Resistance 1840 - 1850 on next week. Happy Trading and Use Your Own Risk.
What's up guys! Always been a gold lover, have a ton of it, love that you can wear it, stock up on it and will always have value unless it crashes which i highly doubt; Yes we have been on a down trend for a little while with an inverted cup and handle! Beautiful, Cup and Handle formed on the weekly and we have broke out the down trend! We are expected to see...
Here is my my idea. with TP on the RED LINE Good luck traders..
HELLO FRIENDS HOPE SO UR WAS ENJOYING GREAT PROFITS ON OUR GIVEN PREVIOUS ANALYSIS FOR GOLD SELL NOW TIME COMES AND WE ARE STARING BUY THE GOLD FROM THIS LEVEL AS WE CAN SEE ALSO FUNDAMENTALLY + TECHNICALLY GOLD IS @ SPOT FOR GOOD BUYING AREA WITH A SMALL RISK AND LOOKING FOR HIGHER REWARDS US 1.9 TRILLION $ RELIEF PACKAGE FOR COVID-19 US HAS PASSED THE BILL...
Hello friends as i can see gold is fail to hold above 1800 levels as investors are still having hope on Stimulus Package and that can help to recover $ for a short term Rising real yields have dirtied the yellow metal’s luster Gold fails to follow increasingly bullish bets on inflation Inflation-adjusted gold prices near historical highs, Real yields – nominal...
Now gold on consolidation price. The New position must be patient. Wait n see how candle make confirnation. Sell Position Target 1684 1670 BUY POSITION TARGET 1751 1770
We have a Buy Signal For My Prediction. Stop loss and take profit on the chart. Target A: 1729.1 everything is mentioned on the chart if you have any questions please leave it in the comment box section.
Here is my idea.... I think gold will make small correction before going down
HELLO FRIEND CONGRATULATIONS WHO HAD FOLLOW OUR PREVIOUS ANALYSIS ON GOLD AS WE SAID IT WILL DROP AND NOW ITS RUNNING PROFITS PREVIOUS ANALYSIS IS ATTACH IN COMMENTS SESSION FRIENDS NOW AS I CAN SEE GOLD WILL DROP MORE TILL KEY ZONE AND THEN WE WILL BUY THIS FROM KEY ZONE WITH A LOW RISK AND HIGHER REWARDS Friends PUSH LIKE AND COMMENTS FOLLOW US FOR MORE UPDATES