Gold create new support and triangle pattern.
Support level 1825
Resistance 1960
Im still waiting for breakout to take the opportunity.
NOTE:
Use your own risk. This is only my opinion and everything will be happen.
Because Market always right.
As i can see gold has break the daily based trend line and after a bullish move it had complete this retrace in starting of JAN which we predict in our pervious analysis
now i expected no break till reach at moon in 2021 so as u can see we are try to provide you best analysis on gold and mostly are based on 4HR
which 85+ % achieve our targets there is alote of...
BTG is a great gold mining company with lately surprising earnings, etc. Amazing company as we head on to the future. $10 price target by sometime next year. If we get a gold halidays rally then BTG will definitely take off quicker than expected. Patience ;)
As in our previous analysis on gold 4hr tf it hit our all design TP
now this pair has reached @ a strong resistance area and after a big move with bulls
now time to caught this retrace options technically making a double top on 4hr
Gold globally trend is up but we have low risk in this trade and higher rewards
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Hello friends as u can see our previous analysis on GOLD we had gain huge pips before new years
gold trend is still bullish and we are holding gold positions to buy till design new TP join the train and stay happy
gold has broken some strong levels and show a interest of investor buying more GOLD after Stimulus deal printing more money
is not good for US $...
As i can see Gold is still trading above the support zone and global trend is still bullish
follow the design levels with proper risk management and continues till TP
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TECHNICALLY GOLD TREND BULLISH CONTINUE, IN THIS LEVEL KEEP BUYING IN GOOD FOR NEXT FOUR MONTHS,GOOD BUYING AREA SEEING IN 1870-1850 LEVEL. KEEP STOP LOSS 1840.TARGET 1930.
The price movement is pretty high today, and both support and resistances holds for now. My analyze is telling it is good to watch until one of supports or resistances break.
supports:
1855.69
1818.10
17.68.00
resistances:
1907.65
1964.42
Best strategy:
With news of agreement on stimulus, the price will be bullish and best place to enter the market is long in...
As we can see Gold Global Trend is highly bullish and now it has broken two important resistance zone which become support now
in our previous analysis we had booked huge profit on gold more then 600+ pips and now we are still buying gold till US Index touch monthly and yearly support zone
near @ 88.50 so we are holding this shiny metal for long till design new...
AT LAST TIME WHAT WE SEE THAT MARKET HAS RESPECT THAT RESISTANCE AND IT FALL FROM 1871 IT GOT REJECTION AT UPPER LEVELS AND ITS ALSO HAVING STRONG ORDER BLOCK AND MARKET RESPECT THAT AND MARKET FALL TO 1820 AND NOW AGAIN MARKET IS AT ORDER BLOCK AND IT GOT REJECTION FROM UPPER LEVELS AS ITS TRYING TO ENTER IN 1900$ BUT IT CANT AND IF WE FALL AS WHAT 95% HAPPEN...
GOLD on the 4h chart after the last bullish leg until the 1875 zone retraced back at the 0.382 Fibonacci level.
The price then range between the 1830 and the 1845 level.
IF the market will break and close above the weekly structure we will set a nice long order according to Plancton's strategy.
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