Gold remained steady near its three week peak on Monday as the dollar recovered some ground but the prospects of more US Coronavirus relief spending and uncertainty around next month’s presidential election put a floor under prices. The Trump administration called on Congress to pass
a stripped -down Coronavirus relief bill using leftover funds, as negotiations on...
Gold Continues to move in a bearish bias. Here is my analysis as to how gold might move. I'm open to any and all constructive criticism and ideas, please! Thank You!
We saw gold bounce from the 51 (50) period MA on this one hour timeframe recently; and I have a feeling it could do the the same thing this upcoming week
We have a H1 volume shift to bearish momentum after last nights drop after a large bullish impulse. It has no closed below a key zone indicating a easy break and retest trade could play out.
GBPYJPY is presenting upcoming bullish set up , expecting retrace not 143.00 or so, going to keep a close eye on my heikenashi candle sticks once price does come down to this area, once momentum has died down I will pull the trigger on this set up, TP are marked with yellow writing, you can scale out of your trade according to your risk tolerance or trading style...
Hope you are are doing with even with after some bad trades and loses
business = loss + profit
From my point of view this GOLD seems to me in down trend
Cypher
Rounded top
Bearish flag
continuation candle stick patterns
So the probability of the down is high then the up
thank you very much
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and you...
Hello to all watching my charts.
Here we are able to watch a trendchange as is showed
in other currecncy the last week.
Here is how it works in reality:
1. Brake of a trendine ( Long trend here ends at brake
27.10. BLACK LIne
2. Brake of 1 or 2 supports (in addition to a trendline brake
that a sign of TRENDCHANFGE.)
here it is a change from LONG to SHORT
at...
A nice retracement back to the diagonal resistance turned support would be technically beautiful play, you dont get much nicer than that. This is going to be one of my heavier long term plays.
Well i can certainly feel my insides turning because of how this trade makes me feel...very unsecure. Investing.com is saying Gold is rallying, so would a day trader like me make more sense when people are fed otherwise? I guess it would be better to wait until price breaks any of those structures indicated on my chart. I have a strong feeling gold prices will...
