Waiting for retest 1216 => Go Long Target to 1250.xx
Expecting a bullish movement after the retracement is done and the bearish flag is broken OR we might shoot straight up, price action will tell.
Gold price continues to fluctuate at the bullish pennant’s resistance, while the EMA50 keeps providing the positive support to the price, to keep the bullish trend scenario active in the shorter period, , reminding you we believe that the reversal is likely to take place this week(very soon), silver -0.14% -0.07% and stock underperformence and just some facors...
Gold has broken a few levels of support last week and tested first resistance (red line) and gave a small rejection. I expect Gold now to retrace to test recent support (green line) for some more buyers to enter the market before aiming for the daily 200EMA. $1240 to $1250 will be the hardest to break but if can break through then it could be the start of a...
OANDA:XAUUSD looks like forming a bull flag at 4H and prepare to test main resistance at $1242 level. The key support is at $1215 level which was the main resistance of previous sideway move.
xauusd h4 2018-10-118 buy 1215 and 1210 and 1217 stop loss 1200 tp 1226 tp 1230 tp 1240
Weekly (pink): Looking at the bigger picture on XAUUSD, I am bullish for the time being. We can see the initial impulse on the left of the chart and we are currently forming the corrective structure. I have plotted estimated points at which I believe the corrective structure will play out. According to my analysis, we are in wave 2 of the correction and I...
Gold rallied quite sharply yesterday breaking short term resistance, expecting the rally to continue, since momentum is quite strong, looking for an expansion bar to get long. Trade Safe.
I am waiting for confirmation of the break on the H1 structure, marked in red. This will also break out of the larger H4 structure, marked in green. Lots of pips on the table here! Contact me via direct message for any assistance Linton
GOLD SIT ON A RETRACEMENT ZONE + SUPPORT + 2 TRENDLINE + BULLISH LOOKING CANDLESTICK = STRONG POSSIBILITY ON BUY // K.I.S.S( KEEP IT STOOPID SIMPLE ) EVERYTHING IS ON THE PRICE // PS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
XPT/USD has for the first time broken above the 200 EMA since the beginning of the year of 2018. This is a good sign of long term reversal from a bearish trend to a bullish trend. ***We can expect it to move higher up if the current support above the 50 EMA on the 4 Hour holds strong. Give it some more time for confirmation, and enter as it confirms its support...
Richimoku & Kumo Waves on XAU USD Are you an investor on the buy-side or a trader on the sell-side? Use the brand new Richimoku Trading System to learn about trends earlier and discover trading signals and alternative data that can be transformed into sharper insights, better opportunities, and more profitable decisions. *Richimoku ( Advanced Ichimoku...
Gold still moves above the pivot and looks to continue the pattern by forming the 3rd wave, invalid if the price breaks below 1200, a big chance of a break up, completing the wave (E) in the weekly movement. Daily Pivot: R4 1227.83 R3 1220.43 R2 1213.03 R1 1210.26 Pivot 1205.63 S1 1202.86 S2 1198.23 S3 1190.83 S4 1183.43 Option : -Open long positions if the...
Gold still moves above the pivot and looks to continue the pattern by forming the 3rd wave, a big chance to break up, finish the wave (E) in the weekly movement. Daily Pivot: R4 1227.31 R3 1219.11 R2 1210.91 R1 1207.43 Pivot 1202.71 S1 1199.23 S2 1194.51 S3 1186.31 S4 1178.11 Option : -Open long positions -TP at the first and second daily daily resistance -SL...
Reversal for uptrend at wave 1 (break 120% of biggest retracement) Buy from zone wave 4 follow wave 2 rule (80 - 100%) Target 1: 38.2-23.6 (wave 3 Elliot) Target 2: 0 (Wave 5 Elliot) Stop loss: behind the last bottom some bibs
Gold seems to continue the pattern by forming a triangle pattern, a big chance of a break up, finishing the wave (E) in the weekly movement. Daily Pivot: R4 1222.63 R3 1214.83 R2 1207.03 R1 1202.76 Pivot 1199.23 S1 1194.96 S2 1191.43 S3 1183.63 S4 1175.83 Option : -Open long positions in the pivot area -TP at first and second daily resistance -SL first daily...