= Upwards crossed a descending price channel. = Buy to 1825--1862--1880--1898--1924. ---------- The purchase fails and changes to selling by breaking the 1793 level, and the target is 1765 - 1729. -------- Personal opinion buy
GOLD created a new resistance around 1.800 and it looks like is close to breaking it. We will follow to open a LONG
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
Gold is in a consolidation phase. However, it might end very soon and the uptrend is likely to resume again. Gold has retested the broken resistance level of 1757 and currently price is above the support level. So, expecting a rally to 1800 and beyond soon. Buyers can buy between 1760-1767 with SL below 1752 and TP at 1815.
Again gold bullish bias building Bowl and handle forming upon this 1D break of the flag and double bottom Previous break of the 1 level - 1912 was a deviation forming the ATH Clear hold of the level and flip of ATH will send XAU further into the 2000's Inflation in fiat is most definitely in the process of being realised also, which will be bullish for gold and...
I traded a break of this early January and got took out at BE which was sad as XAU looked prime This time combined with the 1D double bottom that is confirming and 1M chart bowl and handle which is confirming with this bull flag and a flip of 1912 is making this break more bullish Measure move gives target of 2384 but feel free to fib high to low of the flag and...
We close above 1756 today then XAU should run well having printing a 1D double bottom Measure move target is 1834 just beneath the 1D supply where a bearish reaction would be expected! XAU time to finally save Mccormack so he doens't need to continue cussing BTC behind his tears in vain of his dying asset
After looking into OANDA:XAUUSD On the 1D timeframe, there was a support area it failed to break, it then had a reversal from the downtrend movement, and now I think it's possible for OANDA:XAUUSD to be uptrending, here's a take on what I looked at : The trend(UPTREND) 1H and 4H Channel Support Levels in 4H and 1H RSI oversold Support and Resistance
This recent upwards movement could be the beginning of wave-5. Right now price retracing at 61.8 fibonacci level which is an interesting level to place our buy. I am going to buy XAUUSD because price might rise towards 1810-1815 area which is the next resistance level. Buy XAUUSD 1773 Stop loss 1761 Take profit 1815 (3.5R) Use only 1-2% risk Good luck
Hello team, gold has potentially completed its retracement we looking to trend follow the bullish motion. kindly leave a follow, like and a comment for more ideas
Gold is consolidating already for 7 days now and this range trading seems to be close to an end. 1765-1770 proved once more to be a strong demand zone for Gold and yesterday's drop was reversed quickly leaving a Pin Bar on the daily chart. At this point bulls hold the upper hand and, considering the time spent in consolidation, I expect a strong break above 1800...
I make analys for xau. What do you think. Thanks for opinions. Good lack
Gold is currently in a consolidation phase before the next big move happens. Based on the price action, the next move will most likely be bullish. So, if XAUUSD dips to the 1760-1765 level, a buy trade will be a good option. A potential buy between 1760-1765 with SL below 1752 and TP at 1815 is a possible trade set-up.
Upward price movement to continue. Wait for the price to break above 1783 and enter LONG. BUY SIGNAL Entry: 1784 SL : 1766 TP : 1815 #DrooelmFX
Technical Overview: - COMEX GOLD $2000 LONG-TERM TARGET🎆 Use our analysis as a sentiment Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right...
Hello traders, As you can see on gold, the price hit an upward support did not break the 0.382 of Fibonacci which means that it will keep going up. Overall, Gold is bearish since almost 1 year now, so watch out, counter trend trading can be risky.