Helle dear traders, Everything is marked on chart! Please like and share. Thank you.
Forecast: Price action is consolidating. Possible complex ABC pattern in the making. If volume is strong this week, UPSIDE target's @ ~1744,1745,1748. DOWNSIDE Target's @ ~1716, ~1714 or ~1710. I'll keep you posted. Trade safe, e well. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts...
Helle dear traders, only BUY and SELL after break out and break down. Everything is marked on chart! Please like and share. Thank you.
We anticipate that gold will soon end its medium-term downtrend and enter a price correction. The uptrend can start from 1680. This is a good place to buy gold. The first target is 1766. This post will be updated.
Price correction has been done to the range of 1657. We predict that the price will fall from this range to 1685.
#XAU/USD TA Update :- #XAU/USD currently trading at $1771 And According to chart I can expect some more downtrend days for Gold . Currently support broke down. So I can expect my targets for #XAU/USD is :- Support:- $1681/$1545 Resistance:- $1791/$1845 If break $1845 then we can see again New all time high in Gold . But now not possible as per chart....
We expect the price to rise to the 1873 range first and then resume its downward trend. The ultimate long-term goal is 1679.
XAUEUR can be good short with small risk
The price chart simultaneously approaches the trend line and the resistance range. We anticipate that the price will start its downward trend with the target of 1778.
Gold's waiting out ... as always. It will tell you its decision soon enough. And one thing is for sure: Janet Yellen is not Jerome Powell.
price has broken previous resistance which now turns support level after the pullback I expect the price to continue rising
Price in compression and have rejected few times in resistance 1633 (potential fakeout). Entry area at red zone since we have strong supply zone (Drop Base Drop) as well as Significant Support & Resistance. In addition, QML setup and Bearish Engulfing setup can be found in H4 Timeframe. Let's see the price action for this setup and keep tight the placement of stop loss.
Gold Euro could break out of this pattern and retest this 1635 as new support
GOLD XAU/EUR: The only way is up? I do think
Gold Ascending Triangle 14:27:27 (UTC) Mon Oct 5, 2020