Just a quick analysis for this week. Comment if any question :)
Price is approaching a key support level where we could see a further push up to our first resistance level. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well.
The price of Gold has been moving downward for the last three days after a huge rally to 2065 USD level. Our Analysis says that most probably the Gold will rally again and reach the previous which is the 2065 mark.
After the short set-up I shared (see related ideas), XAUUSD hit the Fibs, and now attempting to run higher. Going bullish on Gold until 2040 or 2050, to see the reaction there, and then the outcome for the actual pattern. As explained in the video, I am suspecting a larger degree corrective structure in the making, a triangle or a running flat. Trigger points...
Gold video analysis. XauUsd Precious Metals Futures Market
Higher timeframes show a nice cup on gold. Gold is going to retest the $1925 level. if we break $1925 then gold will be on it's way to $2,000. $1898 is key support on gold. second support is the trendline at $1888. I'm bullish on gold. Just be aware that the USD is news heavy on Thursday
Price is testing our ascending trend line and 78.6% extension and 61.8% retracement where we could see a bounce above this level. Stochastic is reaching its support level as well.
Gold has tested a D1 support area and is showing bullish momentum. watch the video, comment, like and follow for more. Regards, Bileonaire.
Hi traders, Have a look at this idea and see how it works with your idea. Good luck, FIBZ
Hey guys I hope youre all gucci! Sorry for taking so long, but here you go!! This is a MUST WATCH video as I break down GOLD and BTCUSD to show you how I trade so ACCURATELLY. In my second video i will be doing a 2 part series, where I breakdown GOLD and BITCOIN into its primary base form. Please feel free to apply this to your trades. Im here to help the community!
Detailed and logical breakdown on XAUUSD
Hello Traders! Fibz here again....trade panned out way better than expected! drawdown almost none-existent! Check out the vid. Fibz
Let's see how we can catch some moves from this idea! Good luck, FIBZ
If Price breaks above (1715.948) Go Long to take profit (1731.391) that is a 154 pips move. If price breaks below (1683.499) Go Short to take profit (1661.823) that is a 216 pips move.
Xauusd, gold price action & forecast for next week, still bullish until 1660/1680 Our next trade buy order 1600 Or sell after trend break and retest at 1610 Remember all direction need confirmation before opening
Hi Traders, here is the full Update Analysis / Breakdown for XAUUSD. Keep this pair on your watch-list. Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! 5.Always Be reactive & Not Predictive ! A like...
Hi Traders, here is the full Update Analysis / Breakdown for XAUUSD . Keep this pair on your watch-list. Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! 5.Always Be reactive & Not Predictive ! A like and a comment will create...