gold touched strong support 1785 and bounced with a lot of bullish pressure. it made an obvious double bottom but on higher tf you can see a h&s pattern. I believe 1785 was just a demand zone for buyers short and long term. if the h&s pattern is valid we will see a rejection off 1830 to the down side with heavy selling pressure but if not we can see price touch...
Happy Independence Day to US citizens. I wish one day I too come and live there. Gold is within the value zone and has tested the support at 1786. Bulls showed up and gold closed green last week. Today gold will stay range bound because of holiday. So we will trade with small TP and SL when price tests the resistance of value zone at 1821 Although there is no...
Gold Long + Entry for buy ------Failed Analysics----------- Chfjpy short term + Technical analysics. supply and demand elliotwave wychoff orderblock all are involve. If you are using $1000 .just use $1 for per trade.Use your target 100 pip or more if you are using $2000.Just use $2 for per trade.use you target 100 pip or more if you are using $5000 .Just use $5...
With respect to TA and how psychological levels work, There's every tendency that Gold starts a bullish ride from $1835. BUY ORDER Entry @ 1835 SL @ $1805 TP @ 1950 USE PROPER RISK MANAGEMENT
The opening day of month gold is bleeding and is presently not able to sustain above 1800 level. We have also been making new lows since morning. All this is showing the bearish pressure and this is because of the total market sentiment. These levels are very good for longterm buys and stack your gold at every dip. As we can see gold is testing the lower boundary...
Gold remains under pressure due to the strong US dollar, and hits a seven-week low. Technical: The near–term support is around $1800, a breach below targets $1750. The yellow metal faces minor resistance around $1821
Gold weekly chart. the first thing i see is the chart is its a huge Bull Pennant and reading Classic bullish diveregence. thats when there is a higher low on price and a higher low on RSI...listed in green are the next resistance/price target and Red lines show support/price drop. The weekly chart always shows the overall health of any asset, and to me, Gold...
I believe Gold will finally declare a direction in the coming days. If it holds the upward support and breaks out of the down channel, we could be headed for ATH's (as many have predicted) by late summer and into the fall. If not, I think it makes its way to 1760 until the next good buying opportunity.
MCX:GOLD1! TVC:GOLD Hello Traders, I see a good swing or small term trading opportunity in Gold at current price. UPSIDE resistance is around Sell zone between 1879 - 1919 with SL below 1780 This is not a buy/sell recommendation, but my personal views. You're solely responsible of your profits n losses. Regards, Anshul.
On H4 we can see a nice hammer candle + support level + channel supprot + unfilled imbalance on top. I expect growth to the resistnace of a channel. Enrty: 1815 SL; 1809 TP: 1829
Gold long term _ technicalanalysics Elliotwaveanalysics Supplyanddemand Wychoff All are involve
GOLD was able to break the upper line of the Falling Wedge Pattern and I expect that GOLD will go up to 1834$ . Gold Analyze, Timeframe 15min . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not...
Gold was choppy yesterday. The day began near 1819. The price had tested the 1820 support in the Asian session and eventually touched the day-low at 1811 at the European session. The rebound started early before the US session, with the price jumping to a day-high near 1833 about 2 hours into the US session. The day ended at 1817, slightly down by USD 2 with a USD...
✅GOLD is trading in a falling channel and is set to retest a Strong support level below After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This is a breakout of an uptrend market. This is a strong buy
Correction is not ended up, the purposes designated by me in May, 1880-1885, 1890-1895. Technical indicators indicate a turn. The movement up up to 1930-1960 can become a result of this exhausting swimming. Information provided is only educational and should not be used to take action in the market.
Markets eye the final US GDP and Fed Chair Powell's speech for further direction. Gold price continues to trade lower due to the strong US dollar and rising US treasury yields. Technical: The near–term support is around $1815,
gold has been under pressure in the past few days by risk-off market mood. It has now reached to previous key area, with potential trend support by two previous lows. If fails to hold above 1814, price may continue further down. For now, I'd consider a potential rise possible - Retail news & CPI data will accelerate the metal to push further down or bounce back up.