Once the great ressistance of 1868.80 has broken, be prepared for a rise in gold which may surpass that month's 1888. currently the market is encompassed in an ascending triangle and we are waiting for the resistance to break to take a position in BUY, We are in H1 and we still have to wait to see what the price will do before defining our type of order
As I said last weeks since March 21..after 8 months in which all my analyzes about GOLD were almost perfect,
as I told you last weeks ... GOLD rejected again from the 1790 area and re-entered the range we were talking about! I will wait for it to reach the 1763 area again and reject it and I will give BUY again!
I expect a small retreat and I see a continuation of...
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.
4H RANGE 1830 to 1826
1818 level has been hit. EMA5 challenged 1806 on market close. We are looking for EMA5 to break this 1806 level. Once this level is broken and secured by EMA5, historically price tends to then sit between 1806 and 1816 and range sideways.
We are then expecting EMA5 to break and close above 1816 for price to break open 1830. Once we see...
Hello Guys,
I am publishing this idea on TVC:GOLD , we have a valid channel in which Gold is moving and after seeing the last close for this instrument my bias will be Bullish on Gold.
there are 2 scenario which I have marked in above chart, we will be reactive not predictive . If Gold remains in the channel we will be targeting 50$ from the current price...
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.
Our long trade is working well for us, members have managed to take a few entries, bank partial profits and re-enter again on this giving us a nice end to the month. We're going to follow this illustration and the trend that is in play which could possibly lead us to the key liquidity area around 1835. What we need to keep in mind is that there will be a lot of...
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 is showing bullish momentum with previous movement. It is expected that it will move up to the major resistance for a bearish reaction. If break, then it is showing a long term bullish movement.
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 suffered heavy losses last Friday. In addition, the 10-year US Treasury bond yield rose more than 1% on Friday, indicating that investors are becoming less confident in the economy's stability and strength of their earnings potentials.
However, the latest retail sales report shows positive economic data like better-than-expected retail figures for October...
GOLD Long Setup
🔵 Entry Level: $1780.11
🟢 Take Profit: $1830.74 (RR 3.4)
⛔ Stop Loss: $1765.20
Reasons:
- Expecting the price to turn previous resistance into support before continuing up
GOLD is struggling hard to break the support 1752. Based on my previous analysis it was going well on Friday 8th oct it showed rejection form 1780-85.
Now there are 2 possibility for you all to open sell order. When price strike to above resistance 1780-85 OR goes below 1750.
Still main trend is down so we are not going to place any buy order. Our target is...
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.
