Gold is showing higher highs on the daily however %R showing flat. Potential reversal of bullish trend.
#103 sell range: 1844.38 Targets: 1840.69- 1837.00- 1833.31 Stop loss The first goal: the profit to loss ratio is 1: 1 (1848.07) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1844.38(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
as we can see gold has been in a downward momentum for the past couple of months and it looks like price might be testing a significant support and resistance level before making the decision to go up or down so we'll wait and see what price does.
XAU trend has crossed the dynamic and static support plotted in the chart and falls into its lower channel and 1750 is going to be its target so stay tuned and enjoy the profit after its drop :)
1800 is an important support. If it will break with a 4h candle , it will create an opportunity to short. The target of the short is 1680. It is not an investment suggestion. Please be careful with your decisions.
Sales range: 1949.62 Targets: 1944.86-1936.57- 1923.52 Stop loss The first goal: the profit to loss ratio is 1: 1 (1962.67) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1949.62(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
GOLD hit the resistance and has stopped rising Indicting that bulls are running out of steam Which leads me to a conclusion of that A selloff will follow soon I expect Gold to go down To retest support Short! Like and subscribe to never miss a new idea!
I think XAU is a risky asset right now. It has a falling trend and its way to down. It seems the falling trend will force it down. It is not an investment suggestion. Please be careful with your decisions.
sell range: 1903.68 Targets: 1889.86- 1876.04- 1862.22 Stop loss The first goal: the profit to loss ratio is 1: 1 (1917.50) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1903.68(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
This seems likely guys. Full disclosure I'm short the miners so I have some bias. But chances of gold breaking up past ATHs without another 3T stimulus package until Jan 2021 seems very unlikely IMO.
Gold 4H-TIMEFRAME ANALYSIS 💡 Hello ladies and gentlemen This is my new idea for the XAU My idea is that Gold will continue to downtrend Targets 1840 1809 I hope my idea is clear Support me by like and share Good luck 💰💯
GOLD 1H-TIMEFRAME ANALYSIS Hello ladies and gentlemen This is my new idea for GOLD My idea the XAU continue to downtrend Targets 1835 1764 I hope my idea is clear Support me by like and share Good luck
Gold is trying to buy after the enormous drop from this morning. The banks see the liquidity happening in all of the buy orders and stop losses around 1945. Gold will buy until around 1957.50 ish (also .618 retracement) then it will sell straight through to around 1935- 1940 to take out the liquiity that has been forming for the last 2 hours. Here's a better...
Just Look. Sell at least to the support fot TP 1. Hol on to see if you might get a little more on your personal TP 2.