Running good for now... probably will hit TP i hope so.. and then im going to look for short positions at : 1722.92
we can expect that after this swing low gold will hit 1730 once again at least
with the spx and dji both bottoming out it might be a good time to put a short in on gold
Hello Traders, Here we have Gold on the 30 Minute Time frame. I'm currently looking at a falling wedge forming on the charts, Signaling a continuation in the markets to the upside. We're still waiting for the confirmation so Don't do anything just yet. This is just a trade possibility to watch for. Wait for the breakout of the pattern and find your 3...
usdcad bearish expcted approx 144 pips multiple entries can be taken at highlighted H and L with 10 to 20 pip stop loss for swing trade sl to be placed about 1.35000 kindly like and share and comment check out my previous analysis on USDCHF
Keep risk management, as its great swing to downside but could hit stop loss before going down...
Due to the high amount of requests for Gold, here are my two cents: The odds Gold can grow up until $1550 strongly depend on the outcome of this 3D, looking at where this is struggling right now to hold up, the SMA50 (needs a good bounce from here, little sideways possible), nagging on the R2-Yearly Pivot and the Quarterly Pivot. A decline would be rather bearish...
After initially buying at 1448 I took profit 200 pips up now at the 38.2% fib resistance plus our price structure resistance. I now see a Descending Triangle in play - go to babypips.com website to learn about it.... I have a sell order at the previous lows in anticipation for a double bottom ... if i see support again at 1446 i will buy again and await the...
If Gold passes 1500 today we should see it back to the recent highs/daily wick above the trendline. If not then we can see more bearish pressure heading into next week.
Hello Traders, Gold looks like its following the bearing pattern but, we wont know until the next point & figure :P TRADE SAFE and we will know by the next DAY!!! I WILL UPDATE TOMORROW MAKE SURE TO LIKE AND FOLLOW Look down below for related ideas & videos on why this is a short!
We broke the barrier, retested - can we see more upside today? Check the news, check the calendar and make your decision.
Gold looking to move and break structure - either to the upside break and retest $1528 to see some upside or break back down to support at $1510 area. Neutral for now - let's wait!
This pair has certainly moved to the downside followed by the bank's price manipulation around 1555.225-1555.400 You can read the post about where the current wave originated (the setup that I missed. Yes writing this isn't easy for me : Price closed below last week's and Friday's low. Monday was pretty quiet and low volume trading day as this pair didn't...
Buy now. TP every 20 pips up. SL 1.1040. Fundamentals for USD, if you don't want to risk it, don't trade before news
The Gold analysis is done using the best working " LongBuyLongSellIndicator" script . I am very much convinced that the Gold price touched the peak here 1440 (recent peak) and now trading in the sideways. The price may again go up to 1420 but this wont sustain in the same level. As per the LongBuyLongSellIndicator 6hour time frame the price fall is about to...