Gold is reaching previous lows and also is respecting a trend line. In other news Trump's trade war is likely over and the stock market should begin to rise. On the 4H chart i'm waiting for a formation of the right shoulder along with a breakout and retest. To see where the previous lows and the trend line is the day chart will show it.
Existing positions: Asset: XAUUSD ( GOLD ) Sell Stop Entry Price:1500 Take Profit: 1250 Stop Loss:1560(we will reduce the stop loss points once positions will be more favorable) Capital risk:$3000(4%) Potential Gain:$15000 Risk/Reward: 1:5 Asset: XAGUSD ( SILVER ) Sell Stop Entry Price:19.00 Take Profit: 14.00 Stop Loss: 20.00(we will reduce the stop...
Hi Traders, apologies for similar analysis to my last Gold post, but you cannot undo a posting of analysis you have posted, and I uploaded the wrong image on Gold sells. (Although the principal is the same, this is a little clearer). Here is my view on Gold sells. This should be temporary, before we see the bulls takeover. 1700 long is one of my targets for Gold :)
A nice Gold setup that we can take right now, multiple confluences indicating a short. Let's hope Trump does not tweet anything to crazy while we hold this trade.
A nice setup we discussed on our daily live session, we need a closure below 1501 to confirm our short bias. If we do get that, we will get our classic break-retest-rejection which has lead our team to enter some amazing trades. Let us wait for price action to play out before we short to 100, and 250 pips down.
Hi Traders, here is my analysis for a potential on a Gold sell before we get the bull run. My overall bull target still remains at 1700, but I feel we will get a push down first before the long.Do you agree?
I'm bullish on gold long term, so here's some high time frame analysis while Peter Schiff rattles off on Bitcoin again. Bullish scenario - Price pumps up to 1600 and then finds support on 1575 (price has to close above 1575) Bearish target - momentum and volume slows down bringing price to supports at 1425 and even as low as 1330. Excitement will increase at...
As we've seen some resistance at this level, price hasn't been able to get passed it yet. Pullbacks are usually healthy, because it will justify higher price movements. If we went straight up, then the pullback would be a long way down. I'll take this time to buy dips.
Due to NFP on Friday I can see a gold short continuing all the way to 1480-1470
XAUUSD is encountering weekly resistance and on smaller time frame (4Hr) It seems to be getting rejected multiple times. I suggest shorting at these levels to the 0.382 fib level. First Target: 1492 Second Target: 1470 Third Target: 1450
Another massive bear channel on a longer term. We are not in a bull market yet. still looking for another leg down. Too much hype and positive sentiment on Silver and Gold.
Hey tradomaniacs, welcome to another free signal of WEEK 36 Nr. 13! How to trade: Wait for the retest of the resistance-zone (Trendline and Horizontal). If we reject -> SELL! ----------------------------- Type: Daytrade Sell here: 1543,27 Stop-Loss: 1549,24 Target 1: 1537,81 Target 2: 1532,86 Target 3:...
Gold and silver prices are sharply lower and have at least temporarily lost their recent safe-haven bid in morning dealings Thursday, as the U.S. stock market is rallying and the stock indexes are sharply higher on the day. News the U.S. and China will restart their trade talks in October has injected fresh investor optimism into the marketplace--at least for...
short #xauusd #gold at 1555 and take profit at 1534.. and even much more i think he made a double top and will reverse but ok 1534 for now is ok #usdjpy #eurusd #gbpusd #dollars
Gold Ready for Next Correction OANDA:XAUUSD
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1555.00 • Take Profit Level: 1570.00 (1500 pips) If the...