This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The coming weeks are very important for gold because if it continues to be the number one trend, it will form an inverted head and shoulders pattern, and if confirmed, it could rise to its previous high of $ 2,100 . Also, if trend 1 occurs, in addition to the reverse head and shoulder pattern, it breaks a triangle. Gold also has a resistance below it, which, if...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Entered on H1 engulfing at the 38.2 fib level. Momentum indicated a bullish continuation likely. Higher highs and lower lows continued to be formed on lower timeframes. Target was just above the next major area of resistance based on previous structure; -61.8
Gold has spent the last 2 weeks consolidating in a range. I still expect a new leg of correction and my target is above 1800 That being said I will look to buy dips and a dive under 1750 would negate this scenario
Welcome back Traders, Investors, and Community! Hi Traders, XAUUSD on Daily TF has retraced at 0.618 and after 2 large daily green candles it indicates to be highly Biullish. ⬆️Buy now or Buy at 25.75 ⭕️SL @ 22.75 ✅TP1 @ 26.60 ✅TP2 @ 28.30 ✅TP3 @ 29.85 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Grey Lines - 1D Blue - 4H Orange - H1 -------------- As we all know how gold been treating us since last 2 weeks so finally here GOLD-USD has broken the Down Trendline and doing corrections for next trend. So Gold Right now doing rejections from strong H4 Resistance Zone. So if you want to trade i'd recommend you to wait for market to break the Zone and wait for...
We can see a bullish reversal candlestick on the weekly chart in Gold. But, we need to exercise caution before buying as US dollar is still catching bids. That being said, if there is a pullback in Gold towards 1765 level, it may be worth buying with small lots to start. A stop loss below 1750 and initial target at 1820 may be a possible buy signal for Gold this week.
#XAUUSD As per analysis lookout for buying opportunities in Gold from now onwards. As the market has formed ascending correction so it will go long more.
GOLD Long Setup Continuation trade: 👉🏻 NFP did brought a bullish impulse off 1860 level, but yet to break the previous structure. Price is still within this corrective move/reversal pattern, yet to be confirmed unless broken out of. My confirmation will be some sort of break above 1797 level and a retest, before going long. This will be in my top watchlist...
I rarely post about Gold as I mainly post about cryptos and silver but at this stage I will offer you a glimpse of my favorite charts that has offered me great entry points in the past. I am talking about Gold , which has been suffering but it might rise and shine again real soon. After all, we had calculated all this PERFECTLY some time ago (November Last...
In the case of Gold, thinks looks pretty clear, the trend is down At this point, however, a slight correction could be underway We can spot a small double bottom at 1750, and a correction above 1800 is not out of the question Short term traders can buy dips with a stop under 1750
Okay so, past 2 weeks gold gave a big drop of 100 USD which was expected as it is completing its bullish heads and shoulders in one month's chart which means a big bullish move is loading. Markets have been trading in a range for some time now. So, how can we approach entries??? We still have a bullish bias on gold as it's retesting a strong 61.8 Fibonacci level...