We are looking at a clear structural double bottom structural pattern-descending channel . a reversal pattern . most support tests , which implies the support is strong . on the lower time frame we will be looking for higher low , for an entry
Gold long to Target price 1 = 1760 Target price 2 = 1770
This is only 15 mint chart like day ....on xauusd looking for sell
Currently gold near to demand zone wait for ltf breakout for entry
Gold broke a major resistance at 1796 which is now acting as support. The next major resistance is 1830
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
gold now touch support but after you see after break the support gold will continue the bear trend and will go to the next support. but if can't break the support the big of possible trend is bull
This looks like a possible inverse H&S here, if true this is the move I believe to happen next.
we see dollar index has been weakness and we see opportunity that gold will go back to the highest than before if break the trend Line resistant but if the price can't break so gold continue the bear trend
Gold has spent the last 2 weeks consolidating in a range. I still expect a new leg of correction and my target is above 1800 That being said I will look to buy dips and a dive under 1750 would negate this scenario
Gold Price Forecast: XAU/USD Breakout Holds Through CPI - FOMC on Deck Gold prices put in a major breakout last month, and so far buyers have been able to hold the bullish trend. At the source of this move was the presumption that the Fed will be sitting on low rates for longer, but as more signs of inflation begin to show might the Fed be compelled to moderate...
Gold is looking to continue the uptrend since April base on technical. Last week we had 2 main fundamental news being ADP and Unemployment claim which cause DXY to rise and all pair to drop against the USD. Right now it look like gold is going back up to retest previous high at 1915. Keep calm and follow the trend
Gold is been bullish for 2 months now. On the daily chart, we see RSI showing overbought. We might see the price to relief. On 4 hourly chart, RSI showing nice divergence while the price is forming a triangle pattern that indicates the price is coiling up. It can move in any direction after a breakout. We don't care though. IF the price goes up then great,...
Hello every one, here I have shown you that how I see this pair. This is not a financial advice. It is just for educational purposes. Feel free to share your views on this idea below. By sharing our views both of us will learn something new.
Gold has been bullish since the beginning of April. It got into consolidation in mid-April (see the white box), and now it has broken out of the consolidation zone to the upside to continue the bull run. I see it coming back to retest the 1820 price area before going up to 1870. If you like this idea or have your own opinion about it, leave a like and a...