Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
During today's NY session, price managed to break from consolidation and continue the bullish trend. I believe that there is more bullish momentum due to the current market conditions and everything that is going on in the east. Gold is a save haven during times of uncertainty so fundamentally it makes sense for price to continue bullish. If price breaks below...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold made a high of 1865.5 on last week. Now there is a lot of selling pressure and today morning though there was very high volume in 15 mins chart the candle size is not affected making the price reach just 1858. This shows the bearish pressure above this. So for today we can have local resistance as 1858 and go for short trades from here with SL at 1868. I am...
I see a cup and handle formation on the monthly chart. Gold may want to try these formation targets. And a point to note; Pices move away from the exponential moving average(50) and in my desicion this a little bit negative. It can be weak if it can come cup and handle formation targets. *Not an investment advice
Hello PIPPIN TRADERS!!!!! My personal outlook on GOLD. The structure is moving correctively upwards...that means the BIG GUYS are preparing to make a sudden and huge move. HAPPY PIPPIN!
Yesterday the news was positive for USD. This made gold see new lows and reach 1788 level. However the order blocks near this price helped it to pump back to 1800 plus. As we can see the bearish momentum still dominates on gold. I suggest go for shorting today as we are near the strong resistance zone 1811 to 1814. Today we can go for short at price near 1808...
100 pips in profit will most likely hold this trade for a month.
Either gold will reverse right now and breakout or take support from the green trend line and then go to the red line and breakout. Reason: reason for gold to be bullish is the FED interest rate hike on March,22 which will create panic in the stock market and make commodities ( silver , gold ) bullish
So when we look at the chart we can see that the price is kind of trading in a range like we see with a lot of pairs at the moment. What we could do now is just either wait for that range to be broken or we can see if we still have the possibility to go and range trade it. For now I would just wait and see what the price does when it is going to reach the high of...
Hello everyone. A high probability chance Gold/XAUUSD will do a small SHORT before going LONG. If it breaks through TAKE PROFIT1 hard and fast than we will look to put our stop loss at profit 1 and let it ride out. Do risk small as this is the last week of the year, brokers might want to take retail traders out before the big guys come back from the holidays....
GOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price. My approach will be a sell in the range 1769-1771 Potential downside : Target 1 : 1758 Target 2 : 1750 Target 3 : 1742 Maintain stop loss around 1782 Trade as per your risk appetite, I will be glad to see your likes & comment.
Gold looking bearish. Expect a move down to complete the correction before the huge push to the upside.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hi Traders, it looks like GOLD has created a false breakout and and if we see a head & shoulder pattern on 4H, it is likely that GOLD will drop and we will be selling on this market in this case!