Gold has been in a heavy correction lately after feds announcement.
Gold is expected to take support from this level. My idea for intraday is that the gold will take support between 1885-1880 and target the resistance of 1900.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind...
For the bulls, this is a precious metal trading with GBP, We have an overview of gold now while we waiting for the Retail Price Index (RPI), Claimant Count Change news, Flash Services PMI.
I expect to see positive change on the RPI for the upcoming news. also, we are about 8 days to hear GDP 4th Q 2021 results,
553,412 M £ as 3Q 2021
546,556 M £ as 2Q...
Hello Traders, if we'll measure 1676-1916 ample as 1st Ample after (C) correction, then what could we expect for optimal (1,*3*,5) third wave. Here I've tried to illustrate it.
BUY or SELL? Not clear, just act when the time comes. No need to rush. There will be a safe price for us to use our money. In this article, I will write 3 parts: (1) Summary of February (2) Prepare for long-term orders and (3) Short-term orders.
Summary of the gold trading orders in February
Order 1: Sell at 1845-1840, TP 177x.
Order 2: BUY from 176x, TP...
Hi everyone, in this technical analysis I will go into depth on the current chart of gold. We have seen such fantastic volatility recently because of events like the US elections and the release of information on vaccines.
This creates great trading opportunities and for scalp traders this is a dream come true. When you are trading gold on the shorter timeframes...
XAGUSD is testing its resistance where we expect to see a reversal.
XAGUSD is testing its resistance 16.20 (horizontal swing high resistance, 61.8% Fibonacci retracement ,61.8% Fibonacci extension ) where a reversal to its support at 15.51 (61.8% Fibonacci retracement ,100% Fibonacci extension )
Stochastic (21,5,3) is also approaching resistance where we might...
