Hello everyone, on the hourly chart, gold has formed a double bottom structure and forcefully broke through the previous moving average resistance and the consolidation resistance at 1850. There is no doubt that gold has turned into a bullish trend! Therefore, the only trading strategy is to go long! The target is 1870-1875, which is where the upper band of the...
From a technical perspective, gold is currently forming a head and shoulders bottom pattern. To confirm this pattern, the price of gold needs to rise to $1870 and not fall below around $1845 during the subsequent pullback. I believe the success rate of this head and shoulders bottom pattern is above 80%. At the same time, the announcement of February non-farm...
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Dear traders, hope you all doing great, this will possibly be the last sell entry be on XAUUSD, We have high impact news on XAUUSD and that is why we think, it would be a perfect area to sell gold and target 400-500 pips. We may have the buy limit set around 1780-85 as this is the area every trader is eying on. -Trade Setup will only be valid if we have good...
On the 30-minute chart of gold, we can see a clear resistance range between 1840-1845. This range will be a short-term opportunity for us to go short, as long as there is no significant event that affects it. When it retraces to the support range of 1830-1832, we can go long in the support range. Follow me, and I will provide real-time updates on the latest...
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad! FXOPEN:XAUUSD
Gold continued to rise yesterday, and it is now approaching the high point area of the previous platform. If it cannot break through quickly here, it will fall into the consolidation stage again in the short term. Therefore, today we mainly look at the trend of shocks and pullbacks from high levels. For gold operation, it is recommended to sell at 1840, risk...
Observing the 1-hour chart of gold, MACD indicator has shown a clear divergence. The increase has reached as high as 40 US dollars from yesterday to today, so a short-term pullback is necessary. Therefore, short-term trading will be bearish dominant, supplemented by bullish, until the correction is completed. From a long-term perspective, it is expected...
Breakout 110-EMA and RSI trendline RSI testing 70 mark hope dump at 70 RSI #gold #xauusd #goldsignal #goldlive press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis
Gold break down 21-EMA and rejected 1670 Resistance Gold continue make trade cup & handle Testing again Demand Zone wait and watch breakout or pullback at demand zone press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis
FOREX GOLD XAUUSD LONG and SHORT support and resistance 18-08-2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD #forex #gold #xauusd #xauusdsignals #technicalanalysis Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers...
I put this down much earlier but it was hidden by TradingView. Simply continuing from its current bearish trend , GOLD will look for liquidity downwards. Picked the near swing high to analyse this trade. There's a lower TP if you'd like. *Enter at your won discretion, this is simply an idea*
Capped between 110-EMA and into cloud Cloud base support and 1830 Near term resistance 1840 and 110-EMA
Using Fibonacci, from the lowest to the highest points from the market last sessions, we can see that 1845 is a important level. I believe gold will rise, but some levels need to be reached! I will be looking for 1820s to enter some buys Please support my channel! Follow and comment with your ideas Thank you
XAUUSD is seeking to rise back above RSI support after bouncing off a couple trend support points.
The Solomon Number of Gold is: 1782 Instructions: A- Every decrease in price is an opportunity to buy. The Target is Solomon Number 1782 B- Once the Solomon Number is touched the analysis is no longer valid to enter or take long again. D- Apply proper risk management according to your balance. 1st long entry@ now 1771 2nd long entry@ 1767 3rd long entry@...
The commodity has recently broken out of a channel down to the upside and after the impulse we appear to be forming an expanding triangle structure which would mean price is expected to hit the topside of the triangle soon presenting an intraday long opportunity, we will be observing what happens when price hits the top, I am expecting a rejection giving us a new...
XAUUSD - Eye 1842.00 ahead of Long term swing toward 2104.0