Hello friends, I suppose you can see this simple Bullish Flag pattern in the Gold chart. So, trading this pattern is quite simple. Ideally, the price should break out from the Flag and rally strongly almost equal to the length of the Flag Pole. However, I believe XAUUSD is facing some resistance at the Upper Trend Line(TL) of the Bullish Flag. So, there's a...
Gold's rally has been remarkable so far and current price action indicates that the rally is probably not done yet. So, XAUUSD may continue to rise to all-time highs in the next few weeks over global economic concerns. At this point, there could be a pullback and consolidation though which should be considered a correction and not as a trend reversal. So sellers...
Potential bullish bounce pattern for Gold. The buy zone is set where the two resistances cross ($1551). Target levels are: $1559 $1562 Stop: $1548.7 Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. Before buying or selling any stock you...
Gold has just respected and clearly rejection from the support trend line. If it breaks 1580 by tonight, most likely it will fly all the way to back to test the previous high
My very first analyse has been on gold on my profile, you gys can check that one out if you want to fully understand this one. On my first gold analyse I came to the conclusion that gold would rise to the 1521-1528 resistance zone and then drop to 1450-1440. I see a lot of promosing things happening next week, if the market rises to that zone and can't break it...
The triangle plays out as expected. This time I didn't play the short side, because it's getting too dangerous for any short. You have to be very nimble and fast to jump out at the right time from a short position in a spiky bull market like this one. I'm also afraid this might be a tricky breakout without the tag of the lower trendline, so I will play this on...
XAUUSD reversed off its resistance at 1415.11 where it could potentially drop further to 1392.65. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Swing trade for 4-72 hours All in chart Bearish sign's markeed with Red Eye
Buy on Re-test marked as V2 and V3. S/L on chart. OANDA:XAUUSD
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
As seen from the above graph above, the gold tried to break its resistance 3 times without success and stayed within the price range 1277-1296 21 days , Last Friday the Gold succeeded in breaching the resistance and gave it a big rise, and the resistance changes and becomes support, Now his next target is 1344 Buy Gold Entry Price: 1300 Stop Loss: 1290 Take...
Gold price presses negatively on the minor support that appears on the chart, which hints the price head to decline in the upcoming sessions, targeting testing 1208.40 level mainly. Our suggestion-Your core part of the portfolio should be invested in our long-term(1-2 months) signals that's where you can expect to make Big profits. Should you require any more...
XAUUSD Technical Overview: Day Trading Range: $1186 - $1208 Pivot: 1195.00 Key Resistance: $1204.45 - $1212.00 - $1218.85 Key Support: $1195.45 - $1188.45 - $1182.00 Technical Trading Idea: Most Likely Scenario: long positions above 1195.00 with targets at 1201.00 & 1204.00 in extension. Alternative scenario: below 1195.00 look for further downside with...
Entry and Exit Strategy are highlighted at the end of my analysis. The following analysis points out that a bullish reversal in gold is likely. My analysis a couple of weeks highlighted that a reversal was imminent, however, my analysis was slightly too early. As such, I have re-evaluated my position and analysed fundamentals in the market to better gauge what...
XAUUSD TIME TO RISE AGAIN. SEE CHART
XAUUSD 1H Buy Term TP1: 1350.04 TP2: 1355.69 Entry: 1342,40 SL: 1339.80 This is not investment advice