Gold has create double bottom on Higher Timeframe. its time to grow up.
Trend Weak Bearish
I think Gold will reach the Resistance 1840 - 1850 on next week.
Happy Trading and Use Your Own Risk.
Technical Overview: - GOLD $2000 TARGET🎆
Check out our previous posted analysis about XAU/USD
PREVIOUS WEEK ^
🎇Gold vs Dollar, Safe haven vs Inflation, we had seen last week Gold had dropped lower to our preferred zone after reacting to our sell marked zone.
Part of trading is picking a side, while we are bulls we need to also be aware of the sell zones...
GOLD
Long Setup
👉🏻 Continuation trade from:
After a successful dump on the precious metal. Price has reached our previous said 61.8% Fibonacci area, It is advisable to wait for a reaction and enter on the pullback. Long positions would be favorable for investors in the market.
👀
Lower timeframe shows a potential ending diagonal. A long position may be placed...
After a false break above 1800 Gold tumbled more than a thousand pips and is trading in my original target zone around 1700.
1700 is defined by a very strong confluence zone given by horizontal and flag support and at least a correction should follow.
In my opinion, dips should be bought, and swing traders can target 1765 resistance
Gold had a tremendous sell off last week, this can only mean one thing, profit-taking is round the corner.
I expect a significant pullback into the levels marked out after price liquidity purges its most recent lows.
Idea for gold
Just using the previous bull run as a comparison we can view the possible run to 7500
Does look extremely bullish regardless of the integrity of this post
ANTICIPATION LEVELS THROUGH THE ROOF
Long term outlook on XAUUSD - Inverted H&S to the upside!
No FOMO. Let's standby for NFP as it may act as he catalyst we've been waiting for.
16XX here we come, thereafter to the moon. 2K without a doubt.
No luck needed with this one. All the best
Gold Long Setup
🔵 Entry: $1713.45
🟢 TP & RR: $1758.72 (1.48)
⛔ Stop Loss: $1682.92
Trade Reasons:
✔️ Support Level
✔️ Market Flow Green
📝 Basic setup, a retest of the support level. If it holds, price should start trending up. If price goes through it I expect a sharp drop. The RRR isn't great, but once in a position I will trial the SL and let price get me...
Morning Tradingview.
As per previous analysis, our overall bias is LONG on XAUUSD once our BUY zone is reached.
Today's forecast should take us to the 1700.00 price region at minimum.
NO FOMO - Patience is a virtue. Lets wait on those BUY orders between 1690 - 1650!
Good luck
Good day Tradingview,
Great possibility on XAUUSD , minimal risk, major reward - However, do remember, patience is a virtue.
As we approach NFP week, it's advised to be cautious as we would want to only go long after our desired, further push down, to 1690.00 and possibly even to the greater 1650.00 region. Additionally, fundamentals are required to tally with...
When we look at the weekly chart we see a pattern forming, Cup and Handle, if this cup and handle works, we can see Gold around 2600-3200 zone, this is a nice income in 1-2 years. This is not a financial advice, but I have reasonable amount of gold in my portfolio for the next coming years.
Technical Overview: - GOLD $2000 TARGET🎆
Check out our previous posted analysis about XAU/USD
PREVIOUS WEEK ^
🎇Gold vs Dollar, Safe haven vs Inflation, limited supply vs unlimited supply
drop your technical analysis for a minute and think about the what happens in the world
The estimated price of all gold was $8.6 billion. The USGS reports that about 18,000...
XAUUSD Growth from the level of
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![XAUUSD: COMEX - SMART MONEY ANALYSIS [$2000 LONG-TERM]](https://s3.tradingview.com/o/O42RAH7C_mid.png "COMEX - SMART MONEY ANALYSIS [$2000 LONG-TERM]")
