Possibly correctional growth will continue soon. For it says two facts: 1) purpose 1890-1895 according to Fibonacci is not executed; 2) there is no accurate signal on a turn on technical indicators yet.
Information provided is only educational and should not be used to take action in the market.
Gold intraday trading alerts
3 steps must fullfil before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the sky🚀
Trading alerts always available to give
Good luck traders....
if we look at the weekly and daily timeframe for gold, price is still showing us some bullishness. price set a low at 1849.30, this is the area price rested during Asian session and quickly rejected. my theory is if price manages to stay above we should see it push higher to give us a daily wickfill from yesterdays candle and even potentially push higher. price...
New week began and price of gold did not keep itself waiting. Those who watch my ideas knew that there has to be a movement up. The first purpose for growth 1890-1895. Further it will be necessary to look on a situation. But you should not forget that so far everything develops within correctional growth. It is important. All of successful trade!
Information...
Price of gold got stuck on one place and as usual ruins also bulls and bears. I do not change the forecasts and I wait for execution of purpose 1890-1895. Apparently from the schedule the price reached a local trend line and jumped aside. Yesterday the price drew something similar to diamond on one hour chart, but the figure was not confirmed since an exit from it...
price touched fib level 0.70 which is located in Zone so thats the 2nd confrimation, price also made momentum upwards previously at the same price we made entry
Haven't entered yet, but Gold is looking good for sells, momentum break, price is touching daily supply, broke structure on the 4H, is currently retesting the 4H supply that broke structure but i'm holding pulling the trigger because of the previous bullish candles, price could break the 4H high, swipe liquidity and continue from the Daily supply, but if the 4H...
Gold holds above $1850 on dismal US economic data.
Technical:
The near–term support is around $1830
The yellow metal faces strong resistance of $1870, any breach above will take to the next level $1880/
Price is still moving in an ascending channel . Price has reached a support level and creating a reversal pattern ( double bottom ) H1 and price is retesting the breakout.
Entry: 1851-1848
TP: 1881
SL: 1847
Yesterday the price left a triangle up and once again confirmed the direction. As expected the price moves to level 1890-1895. The price is Fibonacci's level from the previous falling. Possibly after overcoming this level the price can rise above.
Information provided is only educational and should not be used to take action in the market.
Gold - Potential accumulation forming, i want to see another SOS/candle close above before a pullback into the TR then i'll look to take 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 giving...
According to my idea level 1882 acts as the following purpose. The idea remains in force, the price moves within an upside channel. After overcoming this level perhaps the movement is higher according to my purposes. In more detail in the connected ideas.
Information provided is only educational and should not be used to take action in the market.
As I mentioned earlier that the price of gold is going to test the resistance of 1965. The price took rejection from 1865 . Gold is now trying to find support above 1840. My idea is that it may test the support of 1830. My idea is to enter after confirmation of support between 1830-1845. My goal is the resistance of 1855 and 1865.
If you like this or if you think...
Hi Everybody.
probably we can see that the probable ABC wave ends and at least we can go up
to 50% retracement of ABC and green zone(resistance and price 1916)
ofcourse if we pass this resistance level.
according to the momentum break up from oversold area
and the close price upper than Moving Average 20 and retest it.
after that we can update the analyze...
have...
Hi Traders , Hope you had a good start to the week,
As per my Sundays analysis I did enter a buy position early hours of Monday at 1846 . I sold at 1862.Gold price did then push further up after a brief pull back and created a higher high at 1869.
So, moving forward what do we see? 4 hour still looks bullish and overall there is a uptrend 1hr is continuing to...
