gold has loads of upward potential, will buy in after candle confirmation
Hello, my friends, Another trading plan for next week is XAUUSD. Gold pretty much moving inside a downward channel for now but i think we will soon see price breakout from this downward channel. This looks like a bullish flag to my perspective and if it do breakout, we will see price going up towards 2200 area. As you can see, i've marked daily support and...
Follow the Shrimp Keep in mind. 🟣 Purple structure -> Monthly structure. 🔵 Green structure -> Weekly structure. 🟡 Yellow structure -> Daily structure. ⚫️ Black structure -> <4h structure. 🔴 Red structure -> H1 structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if...
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Wave 5 is usually the longest for commodity stocks. Should ensure at least a doubling. How fast? 100% in 6 months would be already in it, which is equivalent to 200% p.a. But I'll have a look at the balance sheet first. Greetings from Hanover Stefan Bode
Gold had a very good week with the yellow metal gaining around 700 pips from bottom to shy under 1900 top, with a major break above 1850 negating what a lot called an H&S ( it wasn't, as I wrote multiple times ). Friday session found Gold in a slight correction and more of a consolidation move and the price barely moved in a 100 pips range. I'm strongly bullish ...
XAUUSD Setup 2 Scenarios #HOKCapital
Price is approaching our first support at 1873.38, in line with our 38.2% Fibonacci extension and horizontal overlap support, where we remain bullish above this level. We could see a potential bounce at this level and further rise up towards our first resistance at 1896.17, in line with our 38.2% Fibonacci extension and horizontal swing high resistance. It is...
Buy @ black line price around 1865 Tareget around 2170 Stop out around 1798 Use risk management
XAU|USD very large flag for gold watch list
Waiting for a retest for longing opportunity. Good luck to you! Don't forget to like and share, it really helps. Follow for more. This is just an idea, not financial advice.
*This is a continuation from my previous idea pretty much. 4H has hit support at 38.2 daily fib and also resistance from previous 1833 level. As can be seen on the chart the 4H candle failed to close below the 1833 numerous times, because of this I believe the downtrend was just a retracement and the daily bullish trend will continue to 1870 then 1900. Will...
GOLD POSITIONAL VIEW...