GOLD (XAU/USD) Weekly overview Just take a look on this daily chart, you can see that 4 weeks ago price broke dawn big range. Last 4 weeks price is moving in sideways under it. It shows that current situation is bearish, because Range big players use for accumulation of positions. For us it is better to open Short near border of range $1306. Goals for Short...
Hi Everyone ! getting Some msgs from Followers to Analyse the Gold for them, So here is the chart of Gold. The blue Zone Provided in the chart is ideal for Gold to buy . Blue Zone covers 3 Confirmations, Completion of Cypher pattern, Support and psychological Barrier. Thanks
A pullback in Gold FX:XAUUSD has been confirmed last week. Target should be the rising 50-MA ($1,282) or the uptrend line (currently $1,250). In any case buy the next dip between $1,262 - $1,295.
We are moving in ascending channel and just bounce from its resistance and formed H&S on top. Sell order: enter at 1240 with SL 1247 and TP at 1225 Buy limit order: limit order at 1225 with SL at 1217 and TP #1 - 1245 and TP #2 - 1256 Happy trading for everybody! Feel free for comments!
As you can see on weekly chart of gold futures GC1! It has bounced off 50% Fib level. Is it going up to 1338-1340 price point before it pauses again? Note, I used some nice tools on the chart that tradingview provides. I have added fictitious trade to show nice risk to reward if entered at current levels. This is not a recommendation or advice to trade. It is...
The reason why we feel GOLD may Rise. * On weekly basis it has just started moving DOWN * To SINL and come near 1228 levels * Stoch RSI (3,3,14,Close) is Sinking. * RSI (14,CLOSE) is Sinking. * CCI (20,CLOSE) is Sinking. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our SELL call shall be from SELL BELOW :1245.09,...
DJIA is expected to sink now. There are many reason why we feel it may sink. 01. It has CLEARED quarterly TARGET 02 level. and may come down for a bounce back soon. 02. Bearish Engulfing in daily Chart. 03. To sink and come near 1204 to 1197 levels 04. Stoch RSI (3,3,14,Close) clearly states it may sink. 05. RSI(14,CLOSE) Is also of the same view. 06....
GOLD is expected to SINK. There are many reason why we feel it may SINK * HAMMER in WEEKLY Chart. * To SINK and come near 1199 LEVELS * Stoch RSI (3,3,14,Close) clearly states it maySINK. * RSI(14,CLOSE) Is also of the same view. * CCI(20,CLOSE) Is also the same Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our...
GOLD is expected to sink now. There are many reason why we feel it may rise. 01. It had almost touched Target 03 of Quartely. 02. Hammer pattern in daily Chart. 04. Stoch RSI (3,3,14,Close) clearly states it may sink. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart...