After breaking structure at 1964 last week, gold pulled back for a retest of structures before pushing back down to 1930. If structure holds we could see gold fall back down to 1875 and next target would be 1818.70 If you have any questions please feel free to comment below.
I see a large bear Div setting up here on gold, hourly TF & 4H look oversold and could catch a bid but the Daily Weekly TF look to be sending a more clear signal that over the next few weeks gold will have a large pull back.
Hi friends. So GOLD growth just on 12K of newly contracts. After this we have 5K contracts to push price more upper. And thats all nothing new now. So its fake growth above 1763 and we trully can going down again. Target for bears those what was last time: 1749, 1738. Levels thanks to X-Lines script. Waiting your likes. Follow me.
Trend line is broken watch this one especially if the S&P keeps getting fed monopoly money lol
Hi friends. Today about GOLD. We have too much newly opened bears above 1735. And market want to sell them. I think we can get 1700 in near future and maybe lower... Levels thanks to X-Lines script (use it for free - link below). Waiting your likes! Follow me )
IF YOU FOUND THIS ANALYSIS USEFUL YOU CAN SUPPORT BY LEAVING A 'LIKE' GOLD ANALYSIS 6/7/20 I have linked my last analysis regarding this pair below please check it out! We have come to an interesting area to watch. Price has started a new trend and it is heading down however, price has 1 support level to take out to be free we have tested this support level...
Gold moves in a new formed triangle; wait for break-out up or down.
First off, please don't take anything I say seriously. As always, this is on opinion basis. That being said, let me get into a few points. Right now, Gold is very bullish on the Forex market, and in most financial markets in general. The demand curve is seemingly going up. This is why it also has long potential. However, for a short term self-off target for Gold...
XAUUSD - SHORT SL - 1746.00 TP1 - 1728.51 TP2 - 1692.00
Friends, support this idea with your Like and any Comment. Thanks. I expect the start decline of XAUUSD in wave C. Trade entry, take profit, stop loss levels are available to participants of the SAV Finance Online Service.
TP at support 1 or move SL to entry and wait for it to hit TP 2
Stop above right shoulder if you can even call this head and shoulders.
XAU is moving toward longer term 'D'. Big Diamond in play (Fib ABCD pattern).