Based on technical factors there is a long position in : 📊 XAUUSD GOLD 🔵 Long Now 1850.00 🧯 Stop loss 1842.00 🏹 Target 1 1856.50 🏹 Target 2 1863.00 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
hi, I see pullback is done on Bull scenario, and there is good buy opportunity with good R:R trade well, Alex
Gold continued to edge higher yesterday. The climb began after the price touched the day-low at 1849 during the Asian session. Once the price cleared the resistance at 1860, it was pushed all the way to the 1869 day-high. The day ended at 1866, up by USD 12. The uptrend channel(2) on the 1-hour chart is still valid, and the S-T support has shifted from the...
GOLD/USD Daily bullish. *Hints of stagflation and a very possible recession fueled by a strong U.S. dollar , high inflation , low unemployment , rising Funds rate , falling new home sales , Russia/China and shrinking GDP has some investors fleeing to Gold as a safe haven asset again. This has been further exacerbated by the recent downturn for USD.* ...
As you see in the 4H time frame chart, the price broke out of the first tension zone, and now it'll go to the next level.
There are two story for GOLD.FIRST: There were ABCDE to complete wave 4 and previous impulse wave was wave 1 of big 5. SECOND: Previous impulse wave was wave B of 4 and the price wants complete wave C and it can get back to previous bottom. I think at first the price try to breakup the small channel if it break, it can goes to previous top, if it get back on the...
Silver with h&s pattern. It's a good entry to buy. TP 27-28 SL 22.9
The yellow metal took resistance from 1865 yesterday but the support of 1850 is still strong. My idea is that the price of gold will now move upwards and try to break the resistance of 1865 today. My target is to take entry after confirmation of support of 1850 near London break down. My target is resistance of 1865. #XAUUSD #gold #goldtrading #goldtradingsystem
Gold holds above $1850 on extreme weakness in the US dollar Technical: The near–term support is around $1830, The yellow metal faces strong resistance of $1862, any breach above will take to the next level $1880/$1900
Gold pulled back from the 1-week high yesterday. Shortly after the market opened at 1848, the price crossed the 1850 resistance early in the Asian session. The day peaked at 1865 before the US session, and the day ended at 1853, up by USD 7. The price pulled back from the upper limit of the uptrend channel(2) yesterday, and it is currently supporting at 1850(1)....
The yellow metal faces strong resistance of $1862 Break above 200-DMA and struggle 21-EMA Down side eyes 200-DMA
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 H4 On the basis the dollar breaks south of 102.500/102. We could expect a spike in gold demand/price due to the drop in USD. As always, that element and confirmation to confirm bullish bias would be seen through a break and close around 1872 (weekly key level), and subsequent retest of 1858, this is where we could consider loading up on Gold longs. Just...
I will patiently wait to enter a short once we hit the supply zone. Stop loss will be above demand zone.
Last week, I've argued that, after the low under 1800 figure, Gold could resume its uptrend and after 2-3 days of consolidation back above 1800, the price has risen and also broke above the descending trend line. Now the price is around 1855, exactly in the resistance zone and a break here would expose my target at 1900. As long as 1820 is intact, buy dips remains...
Hi, this is my Bull scenario though we have Bearish scenario also in play and critical area is at 1860. I will trail and protect my long (SL at entry) then see how this scenario plays out. I'd like to see bull reach 1890 area then 1915 before any pullback to invalidate bear scenario. Trade well, Alex
As I mentioned in previous week’s technical analysis that gold is likely to take a support from 1800 and a pull back towards 1850 is most likely to happen. the price took support from 1800 and gave a weekly high of 1850 as forecasted at the start of the week. The overall trend is now reversing but we can see strong resistance around 1850 to 1860. And after that...
XAUUSD D1 Time Frame Prediction Gold will touch 1870-1874.00 zone soon and 70 % chances gold will make a strong bearish move use this idea as a educational purposes .. Thank you guys