Currently, there is bullish order flow, with higher lows and higher highs created. A throwback to support zone at 1955.00, which is in line with the 78.6% Fibonacci retracement level, could provide bullish acceleration towards the resistance zone at 1985.00, which coincides with the 141.4% Fibonacci extension level. Price is currently hovering above ichimoku...
Last week USD was weak but on Friday it showed strength but its not enough to make fall XAUUSD. It will be better to look buying setup on it.
The market of XAUUSD (GOLD) first will move down and then it will rise, keep an eye on DXY to cathc the GOLD.
Price is currently range-bound and hovering above a key support zone at 1955 on the H1 timeframe. A throwback to this support zone, coupled with a break above upside confirmation at 1963.5 could provide the bullish acceleration to the resistance zone at 1985. Prices are showing bullish divergence, with RSI forming higher lows while prices continue trending lower,...
I'm going for bullish. watch these support and resistance line, open lower time frame if u want to enter, watch if there is divergence on lower timeframe, then u can enter. Don't forget your SL 30-50-pips!! GOODLUCK GUYS!!!
Today early morning XAUUSD has breakout its sideway box on 15 minutes time frame. I am much sure that from 2020 it will rise to hit its defined take profit zones.
Last week XAUUSD moved according to our analysis. I am much sure that in coming week XAUUSD (GOLD) will move again according to our analysis.
GOLD (XAUUSD) took support on its previous level. I think first GOLD will move in zig zag and then it will take off to 2030.
XAUUSD BULLISH GARTLEY Harmonics - BUY ORDER after New HH HL are Printed. SL below 1980 GARTLEY Harmonic Reversal Confirmed by Bullish Divergence
Price is consolidating between a key resistance zone at 1988.50 and a key support zone at 1936.80, forming a bullish pennant on the H4 timeframe. A break above the resistance zone at 1988.50, in line with the 78.6% Fibonacci extension level and graphical high, could provide the bullish acceleration to the next resistance zone at 2052.20, in line with the 161.8%...
Prices are hovering above a key support zone at 1968.50 on the M30 timeframe, which coincides with the 38.2% Fibonacci retracement. A throwback could provide the bullish acceleration to the resistance zone at 2006.20, in line with the 38.2% Fibonacci extension. Price is holding above the 20 EMA, supporting our bullish bias.
Prices have broken above a key resistance zone at 1831.20 on the H1 timeframe, which is in line with the 23.6% Fibonacci extension. A throwback to this zone could present an opportunity to ride the bounce to the resistance zone at 1842.50, which coincides with the 78.6% Fibonacci retracement and extension levels. Prices are holding above the Ichimoku cloud and 20...
On the H4 time frame, prices are testing support and a throwback to the H1 support at 1814.20, which coincides with the fibonacci confluence levels could present an opportunity to play the bounce to the resistance zone at 1832.00. Prices are also above the 20EMA supporting the bullish bias.
Hello traders , this is a high probability gold setup Buy limite order : Entry : 1823.7 stop loss : 1920.7 take profit : 1838.5 If you like my idea follow me and support me hope you having a good trading
Last week we saw that Dollar fall badly after the CPI news. I think next week dollar will remain be weak.
Gold is moving in Ascending channel, and I believe it will continue rise like zig zag. Better to watch buying opportunity on it when it will come to trend line but wait for the rejection.
Yesterday NFP news was come in the favor of USD, but market react against the news. This is making sense that USD has no power and by this GOLD seems more bullish.
On Friday, Gold was fall badly and reached to 1640 level due to USD strongness by Q3 GDP positive data. Now for the next 2 days USD may be weak and GOLD will fly but after the Interest of US, Gold will fall back. Follow the chart.