the XAUUSD price breaks the resistance level .
i predict a bullish move 📈 i'm waiting for breakout in the pullback (buy confirmation)
TARGET: 1888.790 🎯
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hey traders,
A lot of questions about gold.
And I guess we all agree that the market is very stubborn at the moment.
It looks like the market maker managed to fool everyone.
Analyzing a price action on a daily, I spotted a horizontal trading range where the price is stuck at the moment.
1824 - 1837 is its support.
1866 - 1874 is its resistance.
Next week I...
Based on the cycle of short-term and long-term analysis of Gold, the Dollar index and the 10-year US interest rate, in my opinion, Gold can rise in the short term to the price range of 1900$. Then the price of 1770$ can fall. Let see what happen.
Gold saw a major rejection again this week at the weekly resistance of 1870. Gold is now on its way to test the weekly support of 1855, 1845 and 1830, the weekly closure was below the resistance of 1855, moreover the gains of the week were all lost on Friday and gold gave a negative weekly closing. Gold is currently oversold on smaller time frames but there is...
Trend Analysis on Gold H1 timeframe
Guys use proper lot size or Risk Management
Accordingly to Trend Analysis we Expected a Simple move which are Bullish
use Target at 1890.00
current point at 1851.00
its only for educational purposes
The supply was successfully mitigated and sellers have been trapped and liquidated.
This suggests sellers are now ready to create the next impulsive move to the downside.
I will be observing price action at market open to locate a potential sell entry.
Gold hits one week high as the US dollar slumps after mixed economic data.
The near–term support is around $1850
The yellow metal faces strong resistance of $18750, any breach above will take to the next level $1880
Now, there are 2 resistance levels being broke as price soars higher. These 2 levels are currently strong support level (green zone). For now, the BULLISH trend seems strong on Gold. It is good opportunity to eye on 161.8% fib level (1877-1880 price level). If price level manage to move back towards the BULLISH trend, we can anticipate further BULLISH movement in...
Gold is on an extremely over bought levels currently. My idea is still short at strength on resistance levels of 1870 and 1890. My goal for intraday is to short at resistance of 1870 and 1890. My target for intraday is the support of 1850.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open...
Bitcoin is continuing to move above this trend line in the 4 hour time frame after breaking its downtrend line. If the price can maintain above this range and advance to 31800, an uptrend will be formed, otherwise we will see a downward trend again with the loss of the line.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Gold rallied from the one week-low yesterday. The market started at 1836; the price slowly sank toward the day-low 1828 throughout the Asian and European sessions. The rebound began once the US session became active, and the price jumped to the day-high near 1850, with the day ending at 1845.
Gold escaped the triangle pattern(1) yesterday; the downtrend that...
Gold remained in a tight range yesterday. The day began at 1852. The price first touched the day-high near 1863 early in the Asian session, then the consolidation started. The day finished at 1854, bounded in a USD 16 range.
The price has entered a relatively tight range between 1840-70(2) since it left the uptrend channel(1). We can continue to take...
Gold took support from 1830 today , the yellow metal is currently facing huge resistance at 1844 right below the 5DMA and 50DMA at 1847 and 1854 respectively. My idea for intraday is taking position at the resistance of 1845 and 1855 with target of support of 1830 and 1800.
If you like this or if you think the opposite of this or if there is any other opinion,...
in the 4H time frame I saw the breaking of uptrend and in this time frame (15m) we can see the new breaking again.
now we can get a short position from the red OB (order block)
![XAUUSD: [3 June] Day Trade Opportunity <Gold Bullish Continuation>](https://s3.tradingview.com/5/51NgNk6a_mid.png "[3 June] Day Trade Opportunity <Gold Bullish Continuation>")
