Hi Everyone, Just wanted to jump on here and post this idea again as it may help a lot of you. As per my previous post, we are hopefully resuming the bullish impulse on Gold and this setup is valid! We will keep monitoring the movements - trade smart! Use low volume and keep adding along the way to maximise your profits! Also, see the importance of a...
price broke simple trendline i think price will rise with opening markets to touch key level 1890 will meet dynamic resistance + horizontal resistance + 0.5 fibo good entry to sell
GOLD could made a higher high. It pulled back to the consolidation zone. We anticipate further price movement down. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
OANDA:XAUUSD Gold Long Setup Analysis for Education only
price above bearish trend line again if close a daily candle above 1840 will be above very strong support i think we will see fast heading to 1895 to retest M pattern resistance , wait to confirmation , different scenario if price down below 1930
Hello traders, We have a excellent entry to a short deal in case we reach the level of 1826 with the opening of the market, our target is 1780, and in the event of a direct fall, we will have the opportunity to buy from 1780, we can Confirmation with the rejection or engulfing candle, but short is best, If you like this idea, do not forget to support with a like and follow
Hello Traders,The price broken the descending channel when it touches the trend line to retest it at the level of 1890, it will face the horizontal support and 0.61 Fibonacci, and it will achieve the right shoulder of the bullish h &d pattern to target 1916 and with the break it we target 1944 If you like this idea, do not forget to support with a like and follow
In this update we review the recent price action in Gold (futures contract) and identify the next high probability trading pattern and price objectives to target.
Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼♂️ This chart is a long term setup showing where Gold is heading to. Here is the 4hrs timeframe analysis. We have gold in an uptrend with two support areas on the lower trendline and two resistance areas on the upper trendline. What do you think? Share your opinion in the...
In this update we review the recent price action in Gold and identify the next high probability trading opportunity and price objectives to target.
Hey All, Our 4h chart setup had the EMA5 cross and candle body close above 1826 to open and confirm 1836 and 1840. This was a clean 70 pips up so far, close to 1836 point to point. Target is still short by a few pips so 1836 still open and 1840. If we see a failure to cross 1836 with EMA5 even whiteout a candle body close, we can potentially see price reject to...
Still hunting a better area for entry probably will wait to see if price can return to the support of 1790.
In this update we review the recent price action Gold and identify the next high probability trading opportunity and price objectives to target.
In this update we review the recent price action in Gold and identify the next high probability trading opportunity and price objectives to target.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions