This analysis for XAUUSD,GOLD on time frame 4 Hours. Gold update new entry point!
We can ENTRY BUY when the market open or wait new candlestick retracemment half body at 2024 or 2019 than we can entry "BUY".
GREEN - TAKE PROFIT
YELLOW - ENTRY
RED - STOP LOSS
If your entry already & running in profit to TP1 move your SL upper 5 Pips to entry point, if already...
XAUUSD MAKE A NEW HISTORICAL HIGH AT 2075...BUT FRIDAY WE SEE SOME SELLING PRESSURE IN XAUUSD..IT ALSO MAKE A BEARISH ENGULFING CANDLE IN D1 CHART...BUT IN OUR VIEW WE SEE ONE MORE PUSH UP...IF PRICE GO TO 2020-2025 LEVEL , FROM THERE WE HAVE TO WATCH THE PRICE ACTION... IF WE SEE A BULLISH CANDLE WE CAN GO FOR A BUY... OUR INITIAL TARGET WILL BE 2060.. FOR MORE...
Top-down analysis from the Daily --> 4H --> 1H charts. Obvious its been on a bull run, but this is a good entry imo. Looking at the 1H chart you can notice:
1. Price Action
2. Trend Line
3. Support Zone
My first publish :)
looks like XAU/USD could continue its way upwards after the previous fakeout to the downside.
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If it breaks the 0.886 fibo level, that is, 2088 and opens 1 candle on it, the target will be 2132, but we can see the correction movement from the box I checked, then the target will be 2027,
You can examine how important the breakdown is from my previous analysis, so follow it carefully, I will update according to price movements, please stay tuned
Gold is consolidating quite long from 28.th of June 2013 till nowdays.
On Forex, on October route 6.7 T USD loss was achieved on global equities market.
I posted on 15.th of November short on SPX (as index fell for 2723-2400). (feel free to check on my twitter).
That's 2676B loss achievend in one month time.
The time has come when all stock indexes will...
I believe that XAUUSD could be poised for a reversal, thus possibly reverting back to the former vibration area, the triangle’s bottoms.
There is a potential ending diagonal with a pinch of bearish divergence that might just deliver that.
• Ending diagonal pattern
• Bearish divergence
• Fibonacci extensions
• Large degree top
• Next expected swing on XAUUSD: 1200...
After reaching the 1944 -1922 range, the target will be 1992, and if it breaks, the new target will be 2030.
If 1992 is broken before coming to 1944, the target will be 2030, follow the region marked with yellow box very carefully.
I update my analysis for you all the time, I would be happy if it helps
Please like the idea for Support & you can share your ideas...
As you can examine in a previous analysis, when the first trendline broke, I said the target would be 1982 and the target was hit right !! Now second trendline is broken and target will be 2005-2030 range.
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Uptrend is started as you can see from my last idea , now time to get in train at right station so i m waiting for support trendline then my target will be 1790 . You can check targets on idea
Please do like and comments for supporting , Good Lucks all
Let's draw the scenario of correction with the opening of the monthly candle
If the region I marked in red is broken, the target will be 1881
If the correction is done in the region I marked with the green box, the target would be 2030
It is necessary to enter the process by looking at which box the correction will correspond to. The trend line separating the...
XauUsd closed Monthly above 2011 high. Amazing. However, we don't know if wave 3 has ended, but I'm sure it will end soon. Wave 4 should correct ~35%-40% then wave 5 up to $3000. We are lucky if Gold reaches to $3000 this year, it looks very real.
The first trendline; Breaking by moving average indicator, now its target is the 2nd trendline (1982 = fibo 0.618level) and if it breaks there , the new target will be 2030 USD
I will update under the analysis when the next break occurs, stay on track
Please support by liking and i wonder your ideas please send them as a comment under the idea
XAUUSD bounced off 2062.43 where it could potentially rise further to 2092.19.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
I expect it to start rising from the support zone that I have marked and my target will be the 1810-1814 range.
Please let's not miss the likes and I would appreciate if you post your ideas as comments.
In my previous Gold ideas, I mentioned that Gold will break out of the ascending triangle pattern and reach 2025 and I advised you to buy the dips(idea links attached below).
As you can see, price broke out of the ascending triangle and easily reached the...