On the 4-hour chart of gold, it can be seen that the current candle is supported by the 4-hour Bollinger midline and is oscillating upward. At present, it is once again testing the support level of the previous high and Bollinger midline around 1845, which is an excellent long position to take advantage of! Don't miss this opportunity as it may not come...
Hey, do you remember the perfect curve pressure on gold we talked about a few days ago at 1860? It's getting close now, so how should we view it next? It's still a bullish trend, but with the arrival of the pressure level, the short-term trend of gold is likely to be suppressed first and then rebounded. Short-term trading strategy: It is suggested to focus...
The essence of trading is not how much profit can be made in a single trade, but whether one can achieve long-term and stable profitability. Gold encountered resistance near 1860 and fell back. It is about to reach the short-term support level of 1840-1845, which is in line with expectations. Therefore, the next step is to patiently wait for the support level...
Trading, don't expect everyone to understand you. Even if you do well, not everyone will like you, and not everyone will praise you for what you do. After all, others care about the results and do not look at the hardships you have endured. The same words can have different meanings depending on the speaker, and the same eyes can see things differently; the same...
In the world of trading, the players control the game, the observers understand the game, and the participants play the game within the game. What goes up high enough will eventually fall deep enough, and what falls deep enough will eventually rise high enough. This is an eternal logic in financial markets, where the core lies in volatility that creates value...
In many cases, when we encounter failures, it is because we lack that little bit of persistence, a little bit of indomitable perseverance. It is clear that the dawn of success is in front of us, but we don't have the confidence and perseverance to persevere. As a result, all the hardships and hardships we have suffered before are in vain. Gold continued...
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...
You understand when others don't understand, you act when others understand, you succeed when others act, and you become rich when others succeed. This is: extraordinary thinking, foresight. Smart people can understand, shrewd people can see accurately, and savvy people can see far. The voice of the wise is the direction of the fool. You must learn to give up...
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*