As shown in the chart
Sell Limit XAUUSD Entry Price between 1260 - 1265 Take profit @ 1250 Take profit @ 1245 ( Target ) Take profit @ 1230 Stop loss @ 1274 TradingView Profile >>> www.tradingview.com Telegram Free Signal Services >>> t.me Gold Trade Myanmar Facebook Page >>> www.facebook.com XAU_USD Historical Data : From 12 Dec 2017 ~ 12 Dec 2018 >> Download...
Gold prices just recently bounced off the ascending channel resistance and i am expecting prices to continue dropping towards the 50% retracement level of 1223.62. Possibly, prices may continue going further down until they test the lower ascending channel resistance. Though i have already entered a short position a bit late, it is better to check price action to...
XAUUSD has stayed near its 1D Resistance levels during the previous week as it continues to work as a safe haven since the global stock markets haven't yet been stabilized. The USDJPY, USDCNY continue to trade high as well as the Dollar Index (although it was rejected again near the 96.15 4H Resistance), so from a technical standpoint, Gold remains a short...
The long term bearish trend on 1W broke last week to neutral grounds (RSI = 47.647, MACD = -20.230, Highs/Lows = 12.0065) as the global stock markets pulled back and capital abandoned riskier assets towards Gold's safety. Technically 1D is a Channel Up (RSI = 65.112, MACD = 5.900, Highs/Lows = 22.9186, B/BP = 34.8019) but we can't assume yet that this uptrend is...
XAUUSD approached the December 2017 bottom levels at 1,236.50 and was strongly rejected higher on a very strong 4H Three Outside Up bullish sequence (STOCHRSI = 94.347, Highs/Lows =3.8071, BBP = 14.1180). With DX still struggling to break the 95.00 - 95.25 Resistance zone and after multiple failed attempts, and the bond markets rising amid a world-wide stock...
XAUUSD completed the 1D correction, hitting all our downside targets, and the Channel Down (Highs/Lows = -11.8500, B/BP = -17.6660) reached the expected 1W support. As discussed on the previous analysis, 1W is on a Channel Up and 1,260 - 1,265 was the extended Higher Low support since the December 2016 bottom. We now expect 1D to reverse for a long term bullish...
The Simple Moving Average 200W "BreakUp" and the triangle pattern promote a long term bullish perspective. Fibonacci golden ratio of 61,8% (@1285) becomes as an important support.
A falling channel on gold spot 15 is emerging. It is my strong believe that we will see levels of 1274 reached. I have entered a short position at this point in time with a take home profit of 1274. Check it out see if it interests you. Remember good risk management is key. Keep your eyes on the stars and your feet on the ground. You can reach for your dreams...
Gold short - H4 timeframe - break of trend line and a close below structured resistance signals a move down to 1242.
Once again I am looking at the weekly chart for gold which is oversold and close to very strong support around $1,190 - $1,210. Of course the price action during the last 18 weeks has been disappointing but there is still a good chance that this is the typical deep retracement after the first up-leg in this new bull-market. In the next step gold needs to break the...
Good evening, we have the chance to open one more position on the XAUUSD if everything will go as expected it will now become a pretty decent SHORT Trend where we can surely make some profits.
Currently Long on Xau/Usd (Gold) after price came down to a major support zone and trend line. This trade was executed due to a 2 bar setup & more confirmation was given when a pin bar appeared (1H) We could potentially see price retest previous highs at "1325.00" Entry - "1310.00" Target - "1320 0.00"
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....