This is the new support and resistanceof Gold. Like what I told you, buy GOLD AS MUCH AS YOU CAN WHEN IT IS IN BOTTOM! I hope you made a lot of profit on this analysis, now let's see if the box will still play out.
For various reasons, gold still has the opportunity to test $2,000. If you notice the movement of gold, you will see that the tendency to rise is higher than dropping the gold price. There are many reasons behind the gold's upside bias. 1. Inflation has risen worldwide 2. Economic growth is declining 3. Russia-Ukraine war 4. Demand for Gold as a Safe Haven 5....
It seems that we are in a downward wedge pattern and if the right side of the wedge is broken, we will see an increase in the price of gold. I set a short-term goal for gold. I think the best way is to let the wedge pattern break with a good candlestick and then enter into a buy deal. 🙏If you have an idea that helps me provide a better analysis, I will be happy...
Gold Long + Entry for buy +Risky Trade Elliot wave analysics elliotwave supplyand demand wychoff All are involve. trade with your own risk first tp is always 1rr second tp is open
After penetrating an area 1979 going to 2015 TP1 Another scenario : After penetrating an area 1959 going to 1923 TP1 let's see it :D
As I predicted, Gold bounced to a strong horizontal resistance yesterday. Analyzing the price action we may see a classic accumulation and indecision within a contracting area based on a strong horizontal resistance and a rising trend line. Based on a current price action I would consider two potential scenarios: Bullish breakout of the underlined blue...
Gold prices edged higher on Wednesday as concerns of an escalation in the Russia-Ukraine conflict increased safe-haven bids for the precious metal, although a firmer U.S. dollar capped bullion's gains.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Buy. My previous Sell was stopped out yesterday for an overall small profit, and...
XAUUSD breaks out at this current price. There is a big possibility that in the next few days to come, it will go above 1970-2000. It can still go back if it will play inside the box. But like what I said, XAUUSD is a clear BUY LONG TERM but you can SELL short term.
GOLD - Potential Crab forming, price is currently sitting at strong supply zone, i'll be waiting for a BOS/Pullback before potentially taking this long Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy...
Gold's Golden Rule Of 89% Golden history of last 50 years have shown that Gold has give big move whenever there is a minimum 89% move from bottom. Chart is self explanatory. There are three successful incident of min 89% move and two unsuccessful incident of less than 89% move. Successful Incidents 1. 1970 - 1972 2. 1976 - 1978 3. 1999 - 2005 Unsuccessful...
XAUUSD buy 1931 sl 1915 tp1 1945 tp2 1960 Gold Analysis
Top-down analysis on Gold. Price action & key levels. Potential scenarios and trading recommendations. ❤️Please, support this idea with like and comment!❤️
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
As you can see in the chart there is a TRIANGLE FORMATION on gold at the 1D timeframe. It suggests that its VALUE COULD DROP in the coming days. So keep an eye out Bear in mind that this IS NOT a financial advice, rather an expert analysis. If you find it helpful, please give a review and comment. Happy trading guys !!
Hi Guys ... : After breaking the 1910-1920 range in daily time, gold is now pulling back. Break the downward trend on short time. - As shown in the image, the boundary are marked (yellow arrow) - These range are not touched by price (Gap) - So those range will soon be touched by price. * Based on the above, the price is expected to rise above $ 2000! - I have...
On the H1 time frame, prices are testing support at 1917.26, in line with the 50% Fibonacci retracement, 78.6% Fibonacci extension where we could see further upside in prices, with 1942.47 as our resistance target, in line with the 78.6% Fibonacci retracement. Stochastic is approaching support as well where we could see further upside above this level.
I have linked the chart posted on them Gold has behaved well.