I think the cross of two trend lines from higher lows and trend line of bearish flag will be the point of Reversal, A main DEMAND area, at 1676. and then higher trend line of flag at 1850, and then Gold's lifetime high to 2075. What do you think?
I think that the lines explain my idea properly. Hope to hear from anyone what he or she thinks about :)
XAUUSD Long idea Price Action "4H"
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hi guys! this is me again, I think the wave is now in correction, shaping a 5wave pattern for wave C of greater ABC , Also RSI supported my idea. 1900 is a good zone for deciding based on implications. waiting or taking action is up to you! but I recommend you not to lose 1900! lets see! hope it helps!
Hy dear Members hope you all are enjoy our ideas and Analysis. Now we are here to discuss about US30. US30 Is at a strong Support level after crossing main channel top. Here it has maximum Chances it will touch the Price level 32k. Keep in touch we will update further soon.
TOPDOWN ANALYSIS: Shows Monthly downtrend = strong bearish signal, and shows a December uptrend = short-term bullish signal ACTION PLAN: 1.) Wait for price to show its true course - with long momentum candles (because holidays can cause consolidation/ pauses in the market) = before making a decision MAGIC IF: 1.)If market trends upward with...
According Our Previous Prediction BTCUSD Has Completed Retesting in H1 Chart . And now this is on the way to the Price level 18k. Keep in Touch we will Update further soon
Its easily done. You see someone selling gold with some half decent analysis and jump right in too. You see others writing about it - it makes you feel like this is going to be the one. The one that makes you big money before Christmas. Truth is, the money you make is never enough anyway. Even if it was you would keep going, trade after trade. Until this...
Hello traders! Today i want to share with you an idea that i have in the XAU / USD for the long term. Keep in mind that it is a vision on a DAILY chart, so it probably has a time horizon of couple of months. Gold recently broke important level of 1800, price even bottomed at 1765 - last top of previous correction, where lot of retail traders had their stoplosses...
GOLD buy on our strategy. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following...
Good morning traders today i am having a look at GOLD, i am of the opinion that gold is going to fall in value today as a result of the economic news that is coming up at the start of the New York session. i have put my stops just above the highs of the week and i would like to ride the correction to form a lower low on price action and then enter another trade...
Price is approaching my resistance trendline. If it does holds, then i should be going all south to my support. If it does break, north in go. Lets see though.